Tootsie Roll Industries, Inc. (NYSE:TR) Shares Acquired by BNP Paribas Financial Markets

BNP Paribas Financial Markets grew its stake in shares of Tootsie Roll Industries, Inc. (NYSE:TR) by 1,398.0% during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 7,460 shares of the company’s stock after acquiring an additional 6,962 shares during the quarter. BNP Paribas Financial Markets’ holdings in Tootsie Roll Industries were worth $231,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently modified their holdings of TR. Quantbot Technologies LP increased its position in shares of Tootsie Roll Industries by 899.0% in 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. Quest Partners LLC grew its stake in Tootsie Roll Industries by 3.7% during the 3rd quarter. Quest Partners LLC now owns 12,814 shares of the company’s stock valued at $397,000 after purchasing an additional 452 shares during the last quarter. CWA Asset Management Group LLC acquired a new position in shares of Tootsie Roll Industries in the third quarter valued at about $523,000. 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 purchasing an additional 2,044 shares during the last quarter. Finally, Semanteon Capital Management LP lifted its holdings in shares of Tootsie Roll Industries by 22.5% during the third quarter. Semanteon Capital Management LP now owns 20,405 shares of the company’s stock worth $632,000 after purchasing an additional 3,752 shares during the period. 14.28% of the stock is owned by hedge funds and other institutional investors.

Tootsie Roll Industries Stock Up 0.4 %

Shares of NYSE TR opened at $31.90 on Tuesday. Tootsie Roll Industries, Inc. has a 52 week low of $27.58 and a 52 week high of $35.84. The firm has a market cap of $2.28 billion, a P/E ratio of 24.35 and a beta of 0.21. The business’s 50 day moving average price is $31.39 and its 200 day moving average price is $30.47.

Tootsie Roll Industries (NYSE:TR) last released its quarterly earnings data on Wednesday, October 23rd. The company reported $0.46 earnings per share 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 Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, January 9th. Stockholders of record on Wednesday, December 18th will be issued a $0.09 dividend. The ex-dividend date of this dividend is Wednesday, December 18th. This represents a $0.36 annualized dividend and a dividend yield of 1.13%. Tootsie Roll Industries’s dividend payout ratio (DPR) is presently 27.48%.

About Tootsie Roll Industries

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.