Quantamental Technologies LLC lessened its position in shares of Tootsie Roll Industries, Inc. (NYSE:TR) by 17.6% during the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 1,409 shares of the company’s stock after selling 300 shares during the quarter. Quantamental Technologies LLC’s holdings in Tootsie Roll Industries were worth $52,000 at the end of the most recent reporting period.

Other institutional investors have also recently bought and sold shares of the company. BNP Paribas Arbitrage SA grew its stake in Tootsie Roll Industries by 1,177.4% during the 1st quarter. BNP Paribas Arbitrage SA now owns 3,564 shares of the company’s stock valued at $133,000 after purchasing an additional 3,285 shares during the last quarter. Mason Street Advisors LLC grew its stake in Tootsie Roll Industries by 4.4% during the 1st quarter. Mason Street Advisors LLC now owns 10,133 shares of the company’s stock valued at $377,000 after purchasing an additional 423 shares during the last quarter. Allstate Corp grew its stake in Tootsie Roll Industries by 3.0% during the 1st quarter. Allstate Corp now owns 49,461 shares of the company’s stock valued at $1,842,000 after purchasing an additional 1,441 shares during the last quarter. Robeco Institutional Asset Management B.V. purchased a new stake in Tootsie Roll Industries during the 1st quarter valued at about $2,941,000. Finally, Rhumbline Advisers grew its stake in Tootsie Roll Industries by 4.5% during the 1st quarter. Rhumbline Advisers now owns 61,224 shares of the company’s stock valued at $2,280,000 after purchasing an additional 2,642 shares during the last quarter. Institutional investors and hedge funds own 24.57% of the company’s stock.

Shares of TR traded up $0.59 during mid-day trading on Friday, reaching $38.27. The company had a trading volume of 34,743 shares, compared to its average volume of 105,141. Tootsie Roll Industries, Inc. has a 52-week low of $28.08 and a 52-week high of $40.82. The stock has a market capitalization of $2.38 billion, a P/E ratio of 31.28 and a beta of 0.28. The stock has a 50 day moving average of $36.92 and a two-hundred day moving average of $37.76.

Tootsie Roll Industries (NYSE:TR) last issued its earnings results on Wednesday, July 24th. The company reported $0.18 EPS for the quarter. Tootsie Roll Industries had a return on equity of 7.88% and a net margin of 11.38%. The firm had revenue of $106.02 million for the quarter.

Separately, TheStreet downgraded Tootsie Roll Industries from a “b” rating to a “c+” rating in a research note on Friday, May 17th.

Tootsie Roll Industries 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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