S. Muoio & CO. LLC grew its position in Tootsie Roll Industries, Inc. (NYSE:TR) by 8.7% in the 2nd quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 33,698 shares of the company’s stock after buying an additional 2,700 shares during the period. S. Muoio & CO. LLC owned approximately 0.05% of Tootsie Roll Industries worth $1,040,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the stock. North Star Investment Management Corp. bought a new position in Tootsie Roll Industries in the 2nd quarter valued at about $105,000. Millennium Management LLC acquired a new stake in shares of Tootsie Roll Industries during the 4th quarter worth approximately $216,000. Guggenheim Capital LLC boosted its position in shares of Tootsie Roll Industries by 42.9% during the 1st quarter. Guggenheim Capital LLC now owns 12,095 shares of the company’s stock worth $356,000 after acquiring an additional 3,630 shares in the last quarter. M&T Bank Corp acquired a new stake in shares of Tootsie Roll Industries during the 1st quarter worth approximately $383,000. Finally, NJ State Employees Deferred Compensation Plan boosted its position in shares of Tootsie Roll Industries by 30.0% during the 1st quarter. NJ State Employees Deferred Compensation Plan now owns 13,000 shares of the company’s stock worth $383,000 after acquiring an additional 3,000 shares in the last quarter. 21.68% of the stock is owned by hedge funds and other institutional investors.

Tootsie Roll Industries stock traded up $0.10 during mid-day trading on Friday, reaching $29.30. The company had a trading volume of 71,132 shares, compared to its average volume of 84,090. Tootsie Roll Industries, Inc. has a fifty-two week low of $27.45 and a fifty-two week high of $38.60. The firm has a market capitalization of $1.85 billion, a P/E ratio of 23.99 and a beta of 0.51.

Tootsie Roll Industries (NYSE:TR) last released its quarterly earnings results on Wednesday, July 25th. The company reported $0.16 earnings per share (EPS) for the quarter. The firm had revenue of $105.62 million during the quarter. Tootsie Roll Industries had a net margin of 15.09% and a return on equity of 10.69%.

Tootsie Roll Industries Company Profile

Tootsie Roll Industries, Inc, together with its subsidiaries, manufactures and sells confectionery products primarily in the United States, Canada, and Mexico. The company sells its products under the TOOTSIE ROLL, TOOTSIE 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.

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

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