Tootsie Roll Industries, Inc. (NYSE:TR) Shares Sold by Marble Harbor Investment Counsel LLC

Marble Harbor Investment Counsel LLC trimmed its stake in shares of Tootsie Roll Industries, Inc. (NYSE:TR) by 2.8% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 28,000 shares of the company’s stock after selling 805 shares during the period. Marble Harbor Investment Counsel LLC’s holdings in Tootsie Roll Industries were worth $905,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the stock. US Bancorp DE boosted its position in shares of Tootsie Roll Industries by 70.9% during the 3rd quarter. US Bancorp DE now owns 4,927 shares of the company’s stock valued at $153,000 after acquiring an additional 2,044 shares during the last quarter. CWA Asset Management Group LLC acquired a new stake in shares of Tootsie Roll Industries during the 3rd quarter worth about $523,000. Quest Partners LLC lifted its holdings in shares of Tootsie Roll Industries by 3.7% in the 3rd quarter. Quest Partners LLC now owns 12,814 shares of the company’s stock valued at $397,000 after purchasing an additional 452 shares during the last quarter. Quantbot Technologies LP raised its position in Tootsie Roll Industries by 899.0% in the 3rd quarter. Quantbot Technologies LP now owns 6,913 shares of the company’s stock valued at $214,000 after purchasing an additional 6,221 shares during the last quarter. Finally, BNP Paribas Financial Markets lifted its position in Tootsie Roll Industries by 1,398.0% during the 3rd quarter. BNP Paribas Financial Markets now owns 7,460 shares of the company’s stock worth $231,000 after acquiring an additional 6,962 shares during the period. 14.28% of the stock is owned by institutional investors and hedge funds.

Tootsie Roll Industries Stock Performance

TR stock opened at $32.57 on Friday. The stock has a market capitalization of $2.40 billion, a PE ratio of 26.70 and a beta of 0.19. Tootsie Roll Industries, Inc. has a one year low of $26.78 and a one year high of $33.01. The company has a fifty day moving average of $31.30 and a 200-day moving average of $31.22.

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 paid a dividend of $3.00 per share. This represents a dividend yield of 1.1%. This is an increase from Tootsie Roll Industries’s previous — dividend of $0.09. The ex-dividend date of this dividend is Wednesday, March 5th. Tootsie Roll Industries’s dividend payout ratio is 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.