Btim Corp Increased Tootsie Roll Inds (NYSE:TR) Stake by $13.73 Million

October 13, 2017 - By Maria Brooks

Investors sentiment decreased to 1.43 in 2017 Q2. Its down 0.37, from 1.8 in 2017Q1. It dived, as 13 investors sold TR shares while 48 reduced holdings. 22 funds opened positions while 65 raised stakes. 13.47 million shares or 0.16% less from 13.49 million shares in 2017Q1 were reported. Moreover, Td Asset has 0% invested in Tootsie Roll Industries, Inc. (NYSE:TR). Bnp Paribas Arbitrage holds 0% or 9,130 shares. Manufacturers Life The holds 0% or 40,188 shares in its portfolio. Gabelli Funds Limited Liability invested in 0.16% or 781,890 shares. Howe Rusling holds 815 shares or 0.01% of its portfolio. Blackrock accumulated 0% or 1.79M shares. Gruss Incorporated invested in 18,482 shares or 0.73% of the stock. Aviance Mgmt Limited Liability invested in 3 shares or 0% of the stock. Renaissance Technologies Ltd invested 0.01% in Tootsie Roll Industries, Inc. (NYSE:TR). California Public Employees Retirement Sys, a California-based fund reported 14,573 shares. Aqr Cap Mngmt Ltd Limited Liability Company has invested 0% of its portfolio in Tootsie Roll Industries, Inc. (NYSE:TR). Winslow Evans & Crocker holds 0% or 1,554 shares in its portfolio. Btim Corp reported 64,465 shares stake. 7,282 are held by State Treasurer State Of Michigan. Moreover, Laurion Capital Mgmt Lp has 0% invested in Tootsie Roll Industries, Inc. (NYSE:TR) for 6,100 shares.

Btim Corp increased its stake in Tootsie Roll Inds (NYSE:TR) by 575.69% based on its latest 2017Q3 regulatory filing with the SEC. Btim Corp bought 371,118 shares as the company’s stock declined 6.27% while stock markets rallied. The institutional investor held 435,583 shares of the consumer non-durables company at the end of 2017Q3, valued at $16.55 million, up from 64,465 at the end of the previous reported quarter. Btim Corp who had been investing in Tootsie Roll Inds for a number of months, seems to be bullish on the $2.32 billion market cap company. The stock declined 1.07% or $0.4 reaching $37 on the news. About 47,540 shares traded. Tootsie Roll Industries, Inc. (NYSE:TR) has risen 4.65% since October 13, 2016 and is uptrending. It has underperformed by 12.05% the S&P500.

Btim Corp, which manages about $6.42B US Long portfolio, decreased its stake in Cr Bard Inc (NYSE:BCR) by 43,412 shares to 193,872 shares, valued at $62.14 million in 2017Q3, according to the filing.

Tootsie Roll Industries, Inc. and its subsidiaries are engaged in the manufacture and sale of confectionery products. The company has market cap of $2.32 billion. The Firm offers a range of candy, chocolate and bubble gum brands. It has a 34.48 P/E ratio. The Company’s products are marketed in a range of packages designed to be suitable for display and sale in different types of retail outlets.

More notable recent Tootsie Roll Industries, Inc. (NYSE:TR) news were published by: Fool.com which released: “Keep Tootsie Roll Out of Your Diet, as Well as Your Portfolio” on July 15, 2017, also Nasdaq.com with their article: “Ex-Dividend Reminder: Wolverine World Wide, Ingredion and Tootsie Roll Industries” published on September 27, 2017, Seekingalpha.com published: “Tootsie Roll Industries: A Very Safe Dividend King With Iconic Brands” on July 27, 2017. More interesting news about Tootsie Roll Industries, Inc. (NYSE:TR) were released by: Seekingalpha.com and their article: “It May Be Time To Kiss Tootsie Roll Goodbye” published on January 25, 2017 as well as Seekingalpha.com‘s news article titled: “Dividend Kings In Focus: Tootsie Roll, Offering A Sweet Dividend Payout” with publication date: June 28, 2017.

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