Parametric Portfolio Associates LLC grew its holdings in Tootsie Roll Industries, Inc. (NYSE:TR) by 5.5% in the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 27,646 shares of the company’s stock after buying an additional 1,436 shares during the period. Parametric Portfolio Associates LLC’s holdings in Tootsie Roll Industries were worth $963,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also added to or reduced their stakes in the company. Russell Investments Group Ltd. lifted its holdings in Tootsie Roll Industries by 22.2% during the 2nd quarter. Russell Investments Group Ltd. now owns 21,341 shares of the company’s stock worth $744,000 after purchasing an additional 3,884 shares during the last quarter. Janney Montgomery Scott LLC lifted its holdings in Tootsie Roll Industries by 2.8% during the 2nd quarter. Janney Montgomery Scott LLC now owns 7,042 shares of the company’s stock worth $245,000 after purchasing an additional 193 shares during the last quarter. Schwab Charles Investment Management Inc. lifted its holdings in Tootsie Roll Industries by 7.8% during the 2nd quarter. Schwab Charles Investment Management Inc. now owns 86,391 shares of the company’s stock worth $3,011,000 after purchasing an additional 6,240 shares during the last quarter. SG Americas Securities LLC lifted its holdings in Tootsie Roll Industries by 3.0% during the 2nd quarter. SG Americas Securities LLC now owns 7,835 shares of the company’s stock worth $273,000 after purchasing an additional 227 shares during the last quarter. Finally, Bank of New York Mellon Corp lifted its holdings in Tootsie Roll Industries by 8.0% during the 2nd quarter. Bank of New York Mellon Corp now owns 330,305 shares of the company’s stock worth $11,511,000 after purchasing an additional 24,432 shares during the last quarter. 22.04% of the stock is owned by institutional investors.

Shares of Tootsie Roll Industries, Inc. (NYSE TR) opened at $36.25 on Friday. The firm has a market capitalization of $2,282.41, a P/E ratio of 34.15 and a beta of 0.66. Tootsie Roll Industries, Inc. has a fifty-two week low of $34.30 and a fifty-two week high of $40.44.

Separately, BidaskClub cut Tootsie Roll Industries from a “buy” rating to a “hold” rating in a report on Monday, July 31st.

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About Tootsie Roll Industries

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.

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

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