Tootsie Roll Industries, Inc. (TR) Shares Sold by Marshwinds Advisory Co.

Marshwinds Advisory Co. cut its stake in shares of Tootsie Roll Industries, Inc. (NYSE:TR) by 5.9% in the fourth quarter, according to its most recent disclosure with the SEC. The firm owned 75,820 shares of the company’s stock after selling 4,738 shares during the period. Marshwinds Advisory Co.’s holdings in Tootsie Roll Industries were worth $2,760,000 at the end of the most recent quarter.

A number of other large investors also recently bought and sold shares of TR. Russell Investments Group Ltd. raised its position in Tootsie Roll Industries by 22.2% during the second quarter. Russell Investments Group Ltd. now owns 21,341 shares of the company’s stock worth $744,000 after acquiring an additional 3,884 shares during the period. Schwab Charles Investment Management Inc. raised its position in shares of Tootsie Roll Industries by 7.8% in the second quarter. Schwab Charles Investment Management Inc. now owns 86,391 shares of the company’s stock valued at $3,011,000 after buying an additional 6,240 shares during the last quarter. SG Americas Securities LLC raised its position in shares of Tootsie Roll Industries by 3.0% in the second quarter. SG Americas Securities LLC now owns 7,835 shares of the company’s stock valued at $273,000 after buying an additional 227 shares during the last quarter. Bank of New York Mellon Corp raised its position in shares of Tootsie Roll Industries by 8.0% in 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 buying an additional 24,432 shares during the last quarter. Finally, Legal & General Group Plc raised its position in shares of Tootsie Roll Industries by 19.8% in the second quarter. Legal & General Group Plc now owns 13,436 shares of the company’s stock valued at $469,000 after buying an additional 2,218 shares during the last quarter. Institutional investors own 22.11% of the company’s stock.

Shares of Tootsie Roll Industries, Inc. (NYSE TR) traded up $0.05 during midday trading on Monday, hitting $36.15. 51,800 shares of the stock were exchanged, compared to its average volume of 77,300. The firm has a market capitalization of $2,276.11, a PE ratio of 34.05 and a beta of 0.68. Tootsie Roll Industries, Inc. has a 1-year low of $34.30 and a 1-year high of $40.88.

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

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Tootsie Roll Industries 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.

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

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