JPMorgan Chase & Co. Has $823,000 Position in Tootsie Roll Industries, Inc. (NYSE:TR)

JPMorgan Chase & Co. raised its holdings in Tootsie Roll Industries, Inc. (NYSE:TRFree Report) by 278.4% in the third quarter, Holdings Channel reports. The fund owned 26,567 shares of the company’s stock after acquiring an additional 19,547 shares during the period. JPMorgan Chase & Co.’s holdings in Tootsie Roll Industries were worth $823,000 at the end of the most recent quarter.

Other large investors also recently made changes to their positions in the company. Wilmington Savings Fund Society FSB bought a new stake in Tootsie Roll Industries in the 3rd quarter valued at approximately $96,000. Barclays PLC lifted its position in Tootsie Roll Industries by 227.2% during the 3rd quarter. Barclays PLC now owns 5,566 shares of the company’s stock worth $171,000 after buying an additional 3,865 shares in the last quarter. Geode Capital Management LLC boosted its position in Tootsie Roll Industries by 2.4% during the third quarter. Geode Capital Management LLC now owns 244,873 shares of the company’s stock valued at $7,586,000 after purchasing an additional 5,828 shares during the last quarter. XTX Topco Ltd acquired a new stake in shares of Tootsie Roll Industries in the 3rd quarter valued at approximately $336,000. Finally, iSAM Funds UK Ltd acquired a new position in Tootsie Roll Industries during the third quarter worth $202,000. Institutional investors own 14.28% of the company’s stock.

Tootsie Roll Industries Trading Up 0.6 %

NYSE TR opened at $31.31 on Monday. The firm’s fifty day moving average price is $32.08 and its two-hundred day moving average price is $30.91. Tootsie Roll Industries, Inc. has a 1 year low of $27.58 and a 1 year high of $34.00. The firm has a market capitalization of $2.24 billion, a P/E ratio of 23.94 and a beta of 0.22.

Tootsie Roll Industries Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Thursday, January 9th. Investors of record on Wednesday, December 18th were issued a dividend of $0.09 per share. This represents a $0.36 dividend on an annualized basis and a yield of 1.15%. The ex-dividend date was Wednesday, December 18th. Tootsie Roll Industries’s payout ratio is currently 27.53%.

About Tootsie Roll Industries

(Free Report)

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.

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Institutional Ownership by Quarter for Tootsie Roll Industries (NYSE:TR)

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