International Assets Investment Management LLC Purchases 15,016 Shares of Tootsie Roll Industries, Inc. (NYSE:TR)

International Assets Investment Management LLC increased its position in Tootsie Roll Industries, Inc. (NYSE:TR) by 3,222.3% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 15,482 shares of the company’s stock after acquiring an additional 15,016 shares during the quarter. International Assets Investment Management LLC’s holdings in Tootsie Roll Industries were worth $515,000 at the end of the most recent quarter.

Other institutional investors have also recently bought and sold shares of the company. Exchange Traded Concepts LLC increased its holdings in shares of Tootsie Roll Industries by 0.8% during the 4th quarter. Exchange Traded Concepts LLC now owns 39,374 shares of the company’s stock worth $1,309,000 after purchasing an additional 311 shares during the period. SG Americas Securities LLC increased its holdings in shares of Tootsie Roll Industries by 2.8% during the 3rd quarter. SG Americas Securities LLC now owns 19,843 shares of the company’s stock worth $593,000 after purchasing an additional 532 shares during the period. Texas Permanent School Fund Corp increased its holdings in shares of Tootsie Roll Industries by 4.7% during the 3rd quarter. Texas Permanent School Fund Corp now owns 14,787 shares of the company’s stock worth $442,000 after purchasing an additional 666 shares during the period. Headinvest LLC bought a new position in shares of Tootsie Roll Industries during the 3rd quarter worth about $28,000. Finally, WINTON GROUP Ltd increased its holdings in shares of Tootsie Roll Industries by 13.2% during the 3rd quarter. WINTON GROUP Ltd now owns 10,567 shares of the company’s stock worth $316,000 after purchasing an additional 1,235 shares during the period. Institutional investors own 14.28% of the company’s stock.

Tootsie Roll Industries Stock Performance

Shares of Tootsie Roll Industries stock opened at $30.17 on Friday. The firm’s 50-day simple moving average is $31.62 and its 200-day simple moving average is $32.29. Tootsie Roll Industries, Inc. has a twelve month low of $29.07 and a twelve month high of $44.04. The firm has a market cap of $2.16 billion, a P/E ratio of 23.72 and a beta of 0.15.

Tootsie Roll Industries (NYSE:TR) last issued its earnings results on Friday, February 16th. The company reported $0.41 earnings per share for the quarter. Tootsie Roll Industries had a net margin of 12.04% and a return on equity of 11.48%. The business had revenue of $195.37 million for the quarter.

Tootsie Roll Industries Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Thursday, March 28th. Stockholders of record on Wednesday, March 6th were given a dividend of $0.09 per share. This is a positive change from Tootsie Roll Industries’s previous quarterly dividend of $0.09. This represents a $0.36 annualized dividend and a dividend yield of 1.19%. The ex-dividend date of this dividend was Tuesday, March 5th. Tootsie Roll Industries’s payout ratio is 28.31%.

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.