Texas Permanent School Fund Buys 460 Shares of Tootsie Roll Industries, Inc. (NYSE:TR)

Texas Permanent School Fund increased its position in Tootsie Roll Industries, Inc. (NYSE:TR) by 3.9% in the 4th quarter, according to its most recent filing with the SEC. The fund owned 12,131 shares of the company’s stock after purchasing an additional 460 shares during the period. Texas Permanent School Fund’s holdings in Tootsie Roll Industries were worth $405,000 at the end of the most recent quarter.

Other institutional investors have also recently bought and sold shares of the company. Quantamental Technologies LLC purchased a new stake in shares of Tootsie Roll Industries in the 4th quarter valued at about $65,000. US Bancorp DE increased its position in Tootsie Roll Industries by 53.6% in the 3rd quarter. US Bancorp DE now owns 4,939 shares of the company’s stock valued at $145,000 after acquiring an additional 1,723 shares during the period. Canandaigua National Bank & Trust Co. acquired a new position in Tootsie Roll Industries in the 4th quarter valued at about $204,000. Parallel Advisors LLC increased its position in Tootsie Roll Industries by 88.3% in the 4th quarter. Parallel Advisors LLC now owns 6,548 shares of the company’s stock valued at $218,000 after acquiring an additional 3,070 shares during the period. Finally, Janney Montgomery Scott LLC acquired a new position in Tootsie Roll Industries in the 4th quarter valued at about $240,000. 23.68% of the stock is owned by institutional investors and hedge funds.

TR stock traded up $0.74 during trading on Monday, hitting $39.21. The company had a trading volume of 102,197 shares, compared to its average volume of 116,285. The stock has a market capitalization of $2.33 billion, a PE ratio of 32.87 and a beta of 0.37. Tootsie Roll Industries, Inc. has a 1-year low of $27.45 and a 1-year high of $39.31.

The business also recently declared a quarterly dividend, which was paid on Tuesday, March 26th. Investors of record on Tuesday, March 5th were given a $0.09 dividend. This represents a $0.36 annualized dividend and a yield of 0.92%. The ex-dividend date was Monday, March 4th.

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About Tootsie Roll Industries

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.

Read More: Retained Earnings

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

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