Prospector Partners LLC boosted its stake in shares of Tootsie Roll Industries, Inc. (NYSE:TR) by 20.6% during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 113,004 shares of the company’s stock after buying an additional 19,300 shares during the quarter. Prospector Partners LLC owned approximately 0.18% of Tootsie Roll Industries worth $4,294,000 as of its most recent SEC filing.
Other institutional investors and hedge funds also recently made changes to their positions in the company. ProShare Advisors LLC lifted its holdings in Tootsie Roll Industries by 3.0% during the 2nd quarter. ProShare Advisors LLC now owns 439,981 shares of the company’s stock worth $15,333,000 after buying an additional 12,782 shares during the period. Vanguard Group Inc. lifted its holdings in Tootsie Roll Industries by 1.0% during the 2nd quarter. Vanguard Group Inc. now owns 1,857,393 shares of the company’s stock worth $64,730,000 after buying an additional 19,278 shares during the period. BlueCrest Capital Management Ltd acquired a new position in Tootsie Roll Industries during the 2nd quarter worth about $541,000. HighTower Advisors LLC lifted its holdings in Tootsie Roll Industries by 11.7% during the 2nd quarter. HighTower Advisors LLC now owns 33,437 shares of the company’s stock worth $1,166,000 after buying an additional 3,515 shares during the period. Finally, Aperio Group LLC lifted its holdings in Tootsie Roll Industries by 28.3% during the 3rd quarter. Aperio Group LLC now owns 62,624 shares of the company’s stock worth $2,380,000 after buying an additional 13,809 shares during the period. 22.11% of the stock is currently owned by hedge funds and other institutional investors.
Shares of Tootsie Roll Industries, Inc. (NYSE TR) traded down $0.30 during trading hours on Thursday, hitting $36.80. The stock had a trading volume of 51,200 shares, compared to its average volume of 94,606. The firm has a market cap of $2,335.93, a P/E ratio of 34.95 and a beta of 0.68. Tootsie Roll Industries, Inc. has a 12 month low of $34.30 and a 12 month high of $41.65.
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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.
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