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

Quest Partners LLC raised its stake in Tootsie Roll Industries, Inc. (NYSE:TR) by 3.7% during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 12,814 shares of the company’s stock after buying an additional 452 shares during the quarter. Quest Partners LLC’s holdings in Tootsie Roll Industries were worth $397,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in TR. Burns J W & Co. Inc. NY increased its position in shares of Tootsie Roll Industries by 3.1% in the 2nd quarter. Burns J W & Co. Inc. NY now owns 11,457 shares of the company’s stock valued at $350,000 after buying an additional 346 shares in the last quarter. CANADA LIFE ASSURANCE Co increased its holdings in shares of Tootsie Roll Industries by 3.0% in the first quarter. CANADA LIFE ASSURANCE Co now owns 15,423 shares of the company’s stock worth $494,000 after acquiring an additional 448 shares in the last quarter. California State Teachers Retirement System raised its position in shares of Tootsie Roll Industries by 3.4% during the first quarter. California State Teachers Retirement System now owns 14,880 shares of the company’s stock worth $477,000 after purchasing an additional 494 shares during the period. Thurston Springer Miller Herd & Titak Inc. bought a new position in shares of Tootsie Roll Industries during the 2nd quarter valued at about $33,000. Finally, nVerses Capital LLC acquired a new position in shares of Tootsie Roll Industries in the 3rd quarter valued at approximately $43,000. Institutional investors own 14.28% of the company’s stock.

Tootsie Roll Industries Stock Performance

Shares of TR stock opened at $33.25 on Monday. Tootsie Roll Industries, Inc. has a 52 week low of $27.58 and a 52 week high of $35.84. The company’s 50 day moving average price is $30.87 and its two-hundred day moving average price is $30.14. The company has a market capitalization of $2.38 billion, a P/E ratio of 25.42 and a beta of 0.18.

Tootsie Roll Industries (NYSE:TR) last issued its quarterly earnings data on Wednesday, October 23rd. The company reported $0.46 EPS for the quarter. The business had revenue of $223.89 million for the quarter. Tootsie Roll Industries had a net margin of 13.02% and a return on equity of 11.13%.

Tootsie Roll Industries Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Thursday, October 17th. Stockholders of record on Tuesday, October 8th were given a dividend of $0.09 per share. The ex-dividend date of this dividend was Tuesday, October 8th. This represents a $0.36 annualized dividend and a dividend yield of 1.08%. 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.