Jump Financial LLC Has $202,000 Holdings in Tootsie Roll Industries, Inc. (NYSE:TR)

Jump Financial LLC lessened its position in Tootsie Roll Industries, Inc. (NYSE:TR) by 44.3% in the fourth quarter, according to its most recent disclosure with the SEC. The firm owned 6,257 shares of the company’s stock after selling 4,981 shares during the period. Jump Financial LLC’s holdings in Tootsie Roll Industries were worth $202,000 as of its most recent filing with the SEC.

Several other hedge funds also recently modified their holdings of TR. JPMorgan Chase & Co. raised its holdings in shares of Tootsie Roll Industries by 278.4% in 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 during the last quarter. SG Americas Securities LLC grew its position 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 buying an additional 13,375 shares during the period. Principal Financial Group Inc. grew its position 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 buying an additional 2,342 shares during the period. Bfsg LLC bought a new position in Tootsie Roll Industries during the fourth quarter valued at about $5,543,000. Finally, Westhampton Capital LLC bought a new position in Tootsie Roll Industries during the fourth quarter valued at about $504,000. Hedge funds and other institutional investors own 14.28% of the company’s stock.

Tootsie Roll Industries Stock Performance

TR opened at $31.43 on Tuesday. The firm has a market cap of $2.25 billion, a P/E ratio of 25.76 and a beta of 0.33. The firm has a 50-day moving average of $31.37 and a 200 day moving average of $31.43. Tootsie Roll Industries, Inc. has a fifty-two week low of $26.78 and a fifty-two week high of $33.22.

Tootsie Roll Industries (NYSE:TR) last issued its earnings results on Thursday, April 24th. The company reported $0.25 earnings per share for the quarter. The firm had revenue of $146.52 million during the quarter. Tootsie Roll Industries had a net margin of 12.14% and a return on equity of 10.23%.

Tootsie Roll Industries Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Thursday, March 27th. Shareholders of record on Wednesday, March 5th were given a dividend of $0.09 per share. The ex-dividend date was Wednesday, March 5th. This represents a $0.36 dividend on an annualized basis and a yield of 1.15%. Tootsie Roll Industries’s dividend payout ratio is presently 29.51%.

Analysts Set New Price Targets

Separately, StockNews.com lowered shares of Tootsie Roll Industries from a “buy” rating to a “hold” rating in a research report on Friday, April 18th.

Tootsie Roll Industries 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.