Reik & CO. LLC lowered its stake in Tootsie Roll Industries, Inc. (NYSE:TR) by 2.6% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 364,362 shares of the company’s stock after selling 9,806 shares during the quarter. Tootsie Roll Industries makes up approximately 4.2% of Reik & CO. LLC’s investment portfolio, making the stock its 6th largest position. Reik & CO. LLC owned 0.58% of Tootsie Roll Industries worth $13,263,000 as of its most recent SEC filing.
Other hedge funds also recently bought and sold shares of the company. Vanguard Group Inc. grew its position in shares of 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. State Street Corp grew its position in shares of Tootsie Roll Industries by 2.2% during the 2nd quarter. State Street Corp now owns 632,775 shares of the company’s stock worth $22,051,000 after buying an additional 13,908 shares during the period. BTIM Corp. grew its position in shares of Tootsie Roll Industries by 1.2% during the 4th quarter. BTIM Corp. now owns 440,738 shares of the company’s stock worth $16,042,000 after buying an additional 5,155 shares during the period. Stifel Financial Corp lifted its holdings in shares of Tootsie Roll Industries by 6.0% in the 3rd quarter. Stifel Financial Corp now owns 367,498 shares of the company’s stock worth $13,973,000 after purchasing an additional 20,651 shares in the last quarter. Finally, Northern Trust Corp lifted its holdings in shares of Tootsie Roll Industries by 0.3% in the 2nd quarter. Northern Trust Corp now owns 337,301 shares of the company’s stock worth $11,754,000 after purchasing an additional 1,148 shares in the last quarter. 21.83% of the stock is owned by hedge funds and other institutional investors.
Shares of Tootsie Roll Industries, Inc. (NYSE TR) traded up $0.30 during trading hours on Thursday, reaching $34.65. The company’s stock had a trading volume of 11,511 shares, compared to its average volume of 84,414. The company has a market cap of $2,156.48, a PE ratio of 32.26 and a beta of 0.61. Tootsie Roll Industries, Inc. has a fifty-two week low of $33.25 and a fifty-two week high of $40.88.
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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