Heartland Advisors Inc. sells stake in Tootsie Roll Industries, Inc. (NYSE:TR)

Financial Advisors


Heartland Advisors Inc. reduced its stake in Tootsie Roll Industries, Inc. (NYSE:TR – Get Rating) stock by 17.0% in the fourth quarter, according to the company’s latest report filed with the Securities and Exchange Commission. clarified. The fund owned 127,870 shares of the company’s stock after selling 26,124 shares during the period. Heartland Advisors Inc. owned his 0.19% stake in Tootsie Roll Industries worth $5,443,000 as of the latest filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors have also recently bought and sold shares in the company. Captrust Financial Advisors raised 86.2% of his stake in Tootsie Roll Industries in the second quarter. Captrust Financial Advisors now owns 797 shares of the company, valued at $28,000, after acquiring an additional 369 shares during the previous quarter. Wipfli Financial Advisors LLC acquired a new position worth his $28,000 in Tootsie Roll Industries in the third quarter. Quantbot Technologies LP purchased a new position in Tootsie Roll Industries for $101,000 in the second quarter. Zurcher Kantonalbank Zurich Cantonalbank increased his Tootsie Roll Industries holding by 118.3% in the second quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 3,025 shares worth $107,000 after he purchased an additional 1,639 shares last quarter. Finally, Mutual of America Capital Management LLC increased his Tootsie Roll Industries stake by 18.1% in the third quarter. Mutual of America Capital Management LLC now owns 3,535 shares worth $118,000 after purchasing an additional 543 shares last quarter. 17.06% of the shares are owned by hedge funds and other institutional investors.

Analyst sets new price target

Separately, StockNews.com featured shares in Tootsie Roll Industries in a research note on Thursday, March 16th. They issued a “Hold” rating on the stock.

Tootsie Roll Industries price/performance ratio

TR opened Friday at $37.73. The company has a market capitalization of $2.65 billion, a price/earnings ratio of 34.52 and a beta of 0.13. The company has a 50-day simple moving average of $43.61 and a 200-day simple moving average of $43.43. His one-year low for Tootsie Roll Industries, Inc. is $30.14 and his one-year high is $46.11.

Tootsie Roll Industries (NYSE:TR – Get Rating) last reported quarterly earnings data on Tuesday, Feb. 14. The company reported his EPS of $0.36 for the quarter. The company’s quarterly revenue was $188.18 million. Tootsie Roll Industries had a return on equity of 9.93% and a net profit margin of 11.01%.

Tootsie Roll Industries Dividend Announcement

The company recently announced a quarterly dividend, which was paid out on Thursday, March 30. Shareholders of record on Monday, March 6 were awarded a dividend of $0.09 per share. The ex-dividend date was Friday, March 3. This represents an annualized dividend of $0.36 and a dividend yield of 0.95%. Tossie Roll Industries has a payout percentage of 32.94%.

About Tootsie Roll Industries

(get rating)

Tossie Roll Industries manufactures and sells confectionery products. Its brands include Tootsie Roll, Tootsie Pop, Charms Blow Pop, Andes Mints, Sugar Daddy, Charleston Chew, Dubble Bubble, Razzles, Caramel Apple Pop, Junior Mints, Cella’s Chocolate-Covered Cherries, and Nik-L-Nip. will be

Featured article

Want to see other hedge funds holding TR? Visit HoldingsChannel.com to get the latest 13F filings and insider trading for Tootsie Roll Industries, Inc. (NYSE:TR – Get Rating).

Quarterly Institutional Ownership of Tootsie Roll Industries (NYSE:TR)

This instant news alert was generated by Narrative Science Technology and MarketBeat financial data to provide our readers with the fastest and most accurate reporting. This article was reviewed by MarketBeat’s editorial team prior to publication. Send any questions or comments about this story to contact@marketbeat.com.

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