Creative Financial Designs Inc. ADV Has $228,000 Stock Holdings in Tootsie Roll Industries, Inc. (NYSE:TR)

Creative Financial Designs Inc. ADV increased its position in shares of Tootsie Roll Industries, Inc. (NYSE:TR) by 6.1% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 7,049 shares of the company’s stock after buying an additional 407 shares during the quarter. Creative Financial Designs Inc. ADV’s holdings in Tootsie Roll Industries were worth $228,000 at the end of the most recent quarter.

Other institutional investors have also added to or reduced their stakes in the company. JPMorgan Chase & Co. boosted its holdings in Tootsie Roll Industries by 278.4% during the third quarter. JPMorgan Chase & Co. now owns 26,567 shares of the company’s stock valued at $823,000 after purchasing an additional 19,547 shares in the last quarter. SG Americas Securities LLC boosted its holdings in Tootsie Roll Industries by 177.6% during the fourth quarter. SG Americas Securities LLC now owns 20,904 shares of the company’s stock valued at $676,000 after purchasing an additional 13,375 shares in the last quarter. Principal Financial Group Inc. boosted its holdings in Tootsie Roll Industries by 3.1% during the fourth quarter. Principal Financial Group Inc. now owns 78,909 shares of the company’s stock valued at $2,551,000 after purchasing an additional 2,342 shares in the last quarter. Bfsg LLC acquired a new stake in Tootsie Roll Industries during the fourth quarter valued at approximately $5,543,000. Finally, HighTower Advisors LLC boosted its holdings in Tootsie Roll Industries by 1.5% during the third quarter. HighTower Advisors LLC now owns 44,838 shares of the company’s stock valued at $1,388,000 after purchasing an additional 668 shares in the last quarter. 14.28% of the stock is owned by institutional investors and hedge funds.

Tootsie Roll Industries Trading Down 0.1 %

NYSE TR opened at $31.30 on Thursday. The stock’s 50 day moving average is $31.27 and its two-hundred day moving average is $31.40. The company has a market capitalization of $2.24 billion, a price-to-earnings ratio of 25.66 and a beta of 0.19. Tootsie Roll Industries, Inc. has a 1-year low of $26.78 and a 1-year high of $33.22.

Tootsie Roll Industries Increases Dividend

The firm also recently announced a — dividend, which will be paid on Thursday, March 27th. Stockholders of record on Wednesday, March 5th will be issued a $3.00 dividend. This is an increase from Tootsie Roll Industries’s previous — dividend of $0.09. This represents a dividend yield of 1.1%. The ex-dividend date of this dividend is Wednesday, March 5th. Tootsie Roll Industries’s payout ratio is presently 30.51%.

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.