Quest Partners LLC Has $397,000 Stock Holdings in Tootsie Roll Industries, Inc. (NYSE:TR)

Quest Partners LLC boosted its position in Tootsie Roll Industries, Inc. (NYSE:TR) by 3.7% in the 3rd quarter, according to its most recent filing with the SEC. The fund owned 12,814 shares of the company’s stock after purchasing an additional 452 shares during the period. Quest Partners LLC’s holdings in Tootsie Roll Industries were worth $397,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Allspring Global Investments Holdings LLC increased its holdings in shares of Tootsie Roll Industries by 11.8% in the third quarter. Allspring Global Investments Holdings LLC now owns 1,098,774 shares of the company’s stock valued at $34,029,000 after purchasing an additional 115,839 shares during the last quarter. Dimensional Fund Advisors LP raised its holdings in Tootsie Roll Industries by 3.4% in the 2nd quarter. Dimensional Fund Advisors LP now owns 950,636 shares of the company’s stock valued at $29,062,000 after acquiring an additional 31,587 shares during the period. Vanguard Group Inc. raised its holdings in Tootsie Roll Industries by 1.3% in the 1st quarter. Vanguard Group Inc. now owns 1,865,760 shares of the company’s stock valued at $59,760,000 after acquiring an additional 24,408 shares during the period. ORG Partners LLC acquired a new stake in Tootsie Roll Industries during the second quarter worth approximately $639,000. Finally, CWA Asset Management Group LLC bought a new stake in shares of Tootsie Roll Industries during the third quarter worth approximately $523,000. Institutional investors own 14.28% of the company’s stock.

Tootsie Roll Industries Trading Up 0.9 %

Shares of NYSE TR opened at $33.25 on Monday. The firm has a market cap of $2.38 billion, a P/E ratio of 25.42 and a beta of 0.18. The business’s 50 day moving average is $30.87 and its 200-day moving average is $30.14. Tootsie Roll Industries, Inc. has a 1-year low of $27.58 and a 1-year high of $35.84.

Tootsie Roll Industries (NYSE:TR) last posted 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 return on equity of 11.13% and a net margin of 13.02%.

Tootsie Roll Industries Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, October 17th. Shareholders of record on Tuesday, October 8th were issued a $0.09 dividend. This represents a $0.36 dividend on an annualized basis and a yield of 1.08%. The ex-dividend date was Tuesday, October 8th. 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.