Voya Investment Management LLC lifted its holdings in Tootsie Roll Industries, Inc. (NYSE:TR) by 17.3% in the 2nd quarter, according to its most recent filing with the SEC. The firm owned 9,862 shares of the company’s stock after purchasing an additional 1,453 shares during the period. Voya Investment Management LLC’s holdings in Tootsie Roll Industries were worth $344,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also made changes to their positions in the company. Northwestern Mutual Investment Management Company LLC raised its stake in shares of Tootsie Roll Industries by 3.6% during the 2nd quarter. Northwestern Mutual Investment Management Company LLC now owns 3,105 shares of the company’s stock worth $120,000 after acquiring an additional 109 shares in the last quarter. Riverhead Capital Management LLC raised its stake in shares of Tootsie Roll Industries by 13.0% during the 2nd quarter. Riverhead Capital Management LLC now owns 3,482 shares of the company’s stock worth $121,000 after acquiring an additional 400 shares in the last quarter. PNC Financial Services Group Inc. raised its stake in shares of Tootsie Roll Industries by 6.6% during the 2nd quarter. PNC Financial Services Group Inc. now owns 4,562 shares of the company’s stock worth $159,000 after acquiring an additional 282 shares in the last quarter. Victory Capital Management Inc. raised its stake in shares of Tootsie Roll Industries by 17.6% during the 2nd quarter. Victory Capital Management Inc. now owns 6,094 shares of the company’s stock worth $212,000 after acquiring an additional 912 shares in the last quarter. Finally, Laurion Capital Management LP bought a new position in shares of Tootsie Roll Industries during the 2nd quarter worth approximately $213,000. 22.04% of the stock is owned by hedge funds and other institutional investors.

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Tootsie Roll Industries, Inc. (NYSE TR) opened at $35.30 on Monday. The company has a market cap of $2,222.59, a P/E ratio of 33.25 and a beta of 0.66. Tootsie Roll Industries, Inc. has a 52 week low of $34.30 and a 52 week high of $41.65.

Separately, BidaskClub lowered shares of Tootsie Roll Industries from a “buy” rating to a “hold” rating in a research note on Monday, July 31st.

Tootsie Roll Industries Company Profile

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.

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

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