Walleye Capital LLC Buys Shares of 15,200 Tootsie Roll Industries, Inc. (NYSE:TR)

Walleye Capital LLC bought a new position in Tootsie Roll Industries, Inc. (NYSE:TR) during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm bought 15,200 shares of the company’s stock, valued at approximately $471,000.

A number of other large investors have also made changes to their positions in TR. nVerses Capital LLC purchased a new stake in shares of Tootsie Roll Industries in the 3rd quarter worth $43,000. US Bancorp DE raised its stake in shares of Tootsie Roll Industries by 70.9% in the third quarter. US Bancorp DE now owns 4,927 shares of the company’s stock worth $153,000 after buying an additional 2,044 shares during the period. International Assets Investment Management LLC raised its stake in shares of Tootsie Roll Industries by 1,100.4% in the third quarter. International Assets Investment Management LLC now owns 5,942 shares of the company’s stock worth $192,000 after buying an additional 5,447 shares during the period. AQR Capital Management LLC purchased a new position in shares of Tootsie Roll Industries during the 2nd quarter valued at about $205,000. Finally, Quantbot Technologies LP grew its stake in shares of Tootsie Roll Industries by 899.0% during the 3rd quarter. Quantbot Technologies LP now owns 6,913 shares of the company’s stock valued at $214,000 after acquiring an additional 6,221 shares during the period. 14.28% of the stock is currently owned by institutional investors.

Tootsie Roll Industries Trading Down 1.9 %

NYSE TR opened at $32.52 on Monday. Tootsie Roll Industries, Inc. has a 12 month low of $27.58 and a 12 month high of $35.84. The stock has a market cap of $2.32 billion, a price-to-earnings ratio of 24.82 and a beta of 0.21. The company’s 50 day moving average is $31.11 and its two-hundred day moving average is $30.37.

Tootsie Roll Industries (NYSE:TR) last announced its quarterly earnings data on Wednesday, October 23rd. The company reported $0.46 EPS for the quarter. The firm had revenue of $223.89 million for the quarter. Tootsie Roll Industries had a net margin of 13.02% and a return on equity of 11.13%.

Tootsie Roll Industries Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, January 9th. Stockholders of record on Wednesday, December 18th will be given a $0.09 dividend. The ex-dividend date is Wednesday, December 18th. This represents a $0.36 annualized dividend and a dividend yield of 1.11%. Tootsie Roll Industries’s payout ratio is 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.