Creative Financial Designs Inc. ADV Buys 407 Shares of Tootsie Roll Industries, Inc. (NYSE:TR)

Creative Financial Designs Inc. ADV increased its stake in Tootsie Roll Industries, Inc. (NYSE:TR) by 6.1% in the 4th quarter, HoldingsChannel.com reports. The firm owned 7,049 shares of the company’s stock after acquiring an additional 407 shares during the period. Creative Financial Designs Inc. ADV’s holdings in Tootsie Roll Industries were worth $228,000 at the end of the most recent quarter.

Several other institutional investors have also recently bought and sold shares of TR. Bfsg LLC bought a new position in Tootsie Roll Industries in the 4th quarter worth approximately $5,543,000. Jane Street Group LLC bought a new stake in shares of Tootsie Roll Industries during the 3rd quarter valued at $4,007,000. Allspring Global Investments Holdings LLC raised its position in shares of Tootsie Roll Industries by 3.8% during the 4th quarter. Allspring Global Investments Holdings LLC now owns 1,140,100 shares of the company’s stock valued at $37,179,000 after acquiring an additional 41,326 shares during the last quarter. Verition Fund Management LLC raised its position in shares of Tootsie Roll Industries by 315.6% during the 3rd quarter. Verition Fund Management LLC now owns 54,209 shares of the company’s stock valued at $1,679,000 after acquiring an additional 41,165 shares during the last quarter. Finally, JPMorgan Chase & Co. raised its position in shares of Tootsie Roll Industries by 278.4% during the 3rd quarter. JPMorgan Chase & Co. now owns 26,567 shares of the company’s stock valued at $823,000 after acquiring an additional 19,547 shares during the last quarter. Institutional investors own 14.28% of the company’s stock.

Tootsie Roll Industries Stock Performance

Shares of Tootsie Roll Industries stock opened at $31.30 on Thursday. The firm has a fifty day moving average of $31.27 and a two-hundred day moving average of $31.40. The stock 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 52 week low of $26.78 and a 52 week high of $33.22.

Tootsie Roll Industries Increases Dividend

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

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.