Institutional Investors Are Selling Tootsie Roll Industries Inc (NYSE:TR)

May 18, 2018 - By Ned Sandoval

Tootsie Roll Industries, Inc. (NYSE:TR) Logo

Sentiment for Tootsie Roll Industries Inc (NYSE:TR)

Tootsie Roll Industries Inc (NYSE:TR) institutional sentiment decreased to 1.09 in 2017 Q4. Its down -0.07, from 1.16 in 2017Q3. The ratio turned negative, as 62 active investment managers started new or increased stock positions, while 57 sold and trimmed stakes in Tootsie Roll Industries Inc. The active investment managers in our partner’s database now possess: 13.46 million shares, down from 13.75 million shares in 2017Q3. Also, the number of active investment managers holding Tootsie Roll Industries Inc in their top 10 stock positions was flat from 1 to 1 for the same number . Sold All: 9 Reduced: 48 Increased: 38 New Position: 24.

Tootsie Roll Industries, Inc., together with its subsidiaries, makes and sells confectionery products primarily in the United States, Canada, and Mexico. The company has market cap of $2.03 billion. It sells its products under the TOOTSIE ROLL, TOOTSIE POPS, CHILDÂ’S PLAY, CARAMEL APPLE POPS, CHARMS, BLOW-POP, CHARMS MINI POPS, CELLAÂ’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. It has a 23.17 P/E ratio. The firm sells its products through approximately 30 candy and grocery brokers to wholesale distributors of candy and groceries, supermarkets, variety stores, dollar stores, chain grocers, drug chains, discount chains, cooperative grocery associations, mass merchandisers, warehouse and membership club stores, vending machine operators, the U.S. military, and fund-raising charitable organizations.

The stock increased 0.70% or $0.2 during the last trading session, reaching $28.8. About 102,967 shares traded or 5.77% up from the average. Tootsie Roll Industries, Inc. (NYSE:TR) has declined 20.03% since May 18, 2017 and is downtrending. It has underperformed by 31.58% the S&P500.

Reik & Co. Llc holds 4.25% of its portfolio in Tootsie Roll Industries, Inc. for 364,362 shares. Reilly Herbert Faulkner Iii owns 124,144 shares or 2.45% of their US portfolio. Moreover, Marshwinds Advisory Co has 1.28% invested in the company for 75,820 shares. The North Carolina-based Saybrook Capital Nc has invested 1.15% in the stock. Chesapeake Asset Management Llc, a New York-based fund reported 21,768 shares.

Tootsie Roll Industries, Inc. (NYSE:TR) Institutional Positions Chart

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