Tootsie Roll Industries, Inc. (NYSE:TR) Holdings Cut by GSA Capital Partners LLP

GSA Capital Partners LLP lowered its holdings in Tootsie Roll Industries, Inc. (NYSE:TR) by 16.1% during the third quarter, HoldingsChannel.com reports. The fund owned 85,843 shares of the company’s stock after selling 16,506 shares during the period. GSA Capital Partners LLP’s holdings in Tootsie Roll Industries were worth $2,659,000 as of its most recent filing with the Securities & Exchange Commission.

Other large investors have also recently bought and sold shares of the company. Thurston Springer Miller Herd & Titak Inc. bought a new position in Tootsie Roll Industries in the second quarter worth about $33,000. nVerses Capital LLC bought a new position in Tootsie Roll Industries in the third quarter worth about $43,000. US Bancorp DE raised its holdings in shares of Tootsie Roll Industries by 70.9% during the third quarter. US Bancorp DE now owns 4,927 shares of the company’s stock valued at $153,000 after buying an additional 2,044 shares during the last quarter. International Assets Investment Management LLC raised its holdings in shares of Tootsie Roll Industries by 1,100.4% during the third quarter. International Assets Investment Management LLC now owns 5,942 shares of the company’s stock valued at $192,000 after buying an additional 5,447 shares during the last quarter. Finally, AQR Capital Management LLC bought a new stake in shares of Tootsie Roll Industries during the second quarter valued at approximately $205,000. Institutional investors own 14.28% of the company’s stock.

Tootsie Roll Industries Trading Up 2.5 %

TR opened at $31.59 on Tuesday. The business’s 50 day moving average is $30.73 and its 200-day moving average is $29.96. The stock has a market cap of $2.26 billion, a PE ratio of 24.11 and a beta of 0.18. Tootsie Roll Industries, Inc. has a twelve month low of $27.58 and a twelve month high of $35.84.

Tootsie Roll Industries (NYSE:TR) last released its quarterly earnings results on Wednesday, October 23rd. The company reported $0.46 earnings per share for the quarter. The company had revenue of $223.89 million for the quarter. Tootsie Roll Industries had a return on equity of 11.25% and a net margin of 13.02%.

Tootsie Roll Industries Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Thursday, October 17th. Stockholders of record on Tuesday, October 8th were issued a dividend of $0.09 per share. The ex-dividend date of this dividend was Tuesday, October 8th. This represents a $0.36 dividend on an annualized basis and a dividend yield of 1.14%. Tootsie Roll Industries’s dividend payout ratio (DPR) is presently 27.48%.

Tootsie Roll Industries Company Profile

Tootsie Roll Industries, Inc, together with its subsidiaries, engages in the manufacture and sale of confectionery products in the United States, Canada, Mexico, and internationally. It sells its products under the Tootsie Roll, Tootsie Fruit Rolls, Frooties, Tootsie Pops, Tootsie Mini Pops, Child's Play, Caramel Apple Pops, Charms, Blow-Pop, Charms Mini Pops, Cella's, Dots, Junior Mints, Charleston Chew, Sugar Daddy, Sugar Babies, Andes, Fluffy Stuff, Dubble Bubble, Razzles, Cry Baby, NIK-L-NIP, and Tutsi Pop trademarks.