Jane Street Group LLC Takes Position in Tootsie Roll Industries, Inc. (NYSE:TR)

Jane Street Group LLC purchased a new position in shares of Tootsie Roll Industries, Inc. (NYSE:TR) during the third quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund purchased 129,395 shares of the company’s stock, valued at approximately $4,007,000. Jane Street Group LLC owned about 0.18% of Tootsie Roll Industries at the end of the most recent quarter.

Several other large investors also recently bought and sold shares of TR. Janus Henderson Group PLC boosted its stake in Tootsie Roll Industries by 15.1% during the third quarter. Janus Henderson Group PLC now owns 49,623 shares of the company’s stock worth $1,537,000 after buying an additional 6,519 shares during the last quarter. HighTower Advisors LLC raised its holdings in shares of Tootsie Roll Industries by 1.5% during the 3rd quarter. HighTower Advisors LLC now owns 44,838 shares of the company’s stock worth $1,388,000 after acquiring an additional 668 shares during the period. Centiva Capital LP acquired a new position in shares of Tootsie Roll Industries during the 3rd quarter valued at about $460,000. Paloma Partners Management Co purchased a new stake in shares of Tootsie Roll Industries in the third quarter valued at about $391,000. Finally, Verition Fund Management LLC grew its holdings in shares of Tootsie Roll Industries by 315.6% in the third quarter. Verition Fund Management LLC now owns 54,209 shares of the company’s stock valued at $1,679,000 after purchasing an additional 41,165 shares during the period. Hedge funds and other institutional investors own 14.28% of the company’s stock.

Tootsie Roll Industries Price Performance

Shares of TR stock opened at $31.74 on Thursday. The company has a market capitalization of $2.27 billion, a PE ratio of 24.27 and a beta of 0.21. The firm’s 50-day moving average is $31.48 and its two-hundred day moving average is $30.50. Tootsie Roll Industries, Inc. has a 12 month low of $27.58 and a 12 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 EPS for the quarter. Tootsie Roll Industries had a net margin of 13.02% and a return on equity of 11.13%. The firm had revenue of $223.89 million for the quarter.

Tootsie Roll Industries Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Thursday, January 9th. Stockholders of record on Wednesday, December 18th will be paid a $0.09 dividend. This represents a $0.36 annualized dividend and a dividend yield of 1.13%. The ex-dividend date is Wednesday, December 18th. 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.