Ameriprise Financial Inc. grew its position in shares of Tootsie Roll Industries, Inc. (NYSE:TR) by 10.2% in the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 64,986 shares of the company’s stock after purchasing an additional 5,995 shares during the period. Ameriprise Financial Inc. owned approximately 0.10% of Tootsie Roll Industries worth $2,470,000 at the end of the most recent reporting period.

Several other institutional investors have also recently modified their holdings of TR. Stifel Financial Corp grew its position in shares of Tootsie Roll Industries by 16.3% during the second quarter. Stifel Financial Corp now owns 346,847 shares of the company’s stock valued at $12,097,000 after purchasing an additional 48,581 shares in the last quarter. Bank of New York Mellon Corp grew its position in shares of Tootsie Roll Industries by 8.0% during the second quarter. Bank of New York Mellon Corp now owns 330,305 shares of the company’s stock valued at $11,511,000 after purchasing an additional 24,432 shares in the last quarter. Vanguard Group Inc. grew its position in shares of Tootsie Roll Industries by 1.0% during the second quarter. Vanguard Group Inc. now owns 1,857,393 shares of the company’s stock valued at $64,730,000 after purchasing an additional 19,278 shares in the last quarter. BlueCrest Capital Management Ltd purchased a new position in shares of Tootsie Roll Industries during the second quarter valued at about $541,000. Finally, State Street Corp grew its position in shares of Tootsie Roll Industries by 2.2% during the second quarter. State Street Corp now owns 632,775 shares of the company’s stock valued at $22,051,000 after purchasing an additional 13,908 shares in the last quarter. Hedge funds and other institutional investors own 22.11% of the company’s stock.

Tootsie Roll Industries, Inc. (NYSE TR) opened at $36.15 on Friday. The company has a market capitalization of $2,247.78, a PE ratio of 34.05 and a beta of 0.68. Tootsie Roll Industries, Inc. has a 12-month low of $34.30 and a 12-month high of $40.88.

The business also recently declared a quarterly dividend, which was paid on Tuesday, January 2nd. Investors of record on Monday, December 18th were given a $0.09 dividend. The ex-dividend date was Friday, December 15th. This represents a $0.36 annualized dividend and a yield of 1.00%. Tootsie Roll Industries’s dividend payout ratio is currently 33.91%.

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Tootsie Roll Industries Company Profile

Tootsie Roll Industries, Inc and its subsidiaries are engaged in the manufacture and sale of confectionery products. The Company offers a range of candy, chocolate and bubble gum brands. Its products are marketed in a range of packages designed to be suitable for display and sale in different types of retail outlets.

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

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