Brown Lisle Cummings Inc. Has $1.14 Million Position in Tootsie Roll Industries, Inc. (NYSE:TR)

Brown Lisle Cummings Inc. increased its position in shares of Tootsie Roll Industries, Inc. (NYSE:TR) by 12.0% during the fourth quarter, Holdings Channel reports. The institutional investor owned 35,299 shares of the company’s stock after purchasing an additional 3,778 shares during the quarter. Brown Lisle Cummings Inc.’s holdings in Tootsie Roll Industries were worth $1,141,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Sei Investments Co. grew its holdings in shares of Tootsie Roll Industries by 29.1% during the 2nd quarter. Sei Investments Co. now owns 20,853 shares of the company’s stock worth $637,000 after purchasing an additional 4,695 shares in the last quarter. Bank of Montreal Can boosted its stake in Tootsie Roll Industries by 27.0% during the second quarter. Bank of Montreal Can now owns 26,184 shares of the company’s stock worth $846,000 after buying an additional 5,570 shares in the last quarter. AQR Capital Management LLC bought a new stake in Tootsie Roll Industries in the 2nd quarter valued at $205,000. SG Americas Securities LLC acquired a new position in shares of Tootsie Roll Industries in the 3rd quarter valued at $233,000. Finally, Exchange Traded Concepts LLC lifted its holdings in shares of Tootsie Roll Industries by 13.0% during the 3rd quarter. Exchange Traded Concepts LLC now owns 54,390 shares of the company’s stock worth $1,684,000 after acquiring an additional 6,254 shares during the period. 14.28% of the stock is currently owned by institutional investors.

Tootsie Roll Industries Stock Performance

Shares of Tootsie Roll Industries stock opened at $31.39 on Tuesday. Tootsie Roll Industries, Inc. has a twelve month low of $27.58 and a twelve month high of $34.00. The firm has a market cap of $2.24 billion, a P/E ratio of 24.01 and a beta of 0.21. The firm’s 50-day simple moving average is $31.92 and its 200-day simple moving average is $30.97.

Tootsie Roll Industries Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Thursday, January 9th. Stockholders of record on Wednesday, December 18th were paid a $0.09 dividend. The ex-dividend date of this dividend was Wednesday, December 18th. This represents a $0.36 annualized dividend and a dividend yield of 1.15%. Tootsie Roll Industries’s dividend payout ratio is currently 27.53%.

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.