Reik Lowers stake in Tootsie Roll Industries (TR)

Tootsie Roll Industries (TR) : Reik reduced its stake in Tootsie Roll Industries by 0.97% during the most recent quarter end. The investment management company now holds a total of 369,596 shares of Tootsie Roll Industries which is valued at $13,068,915 after selling 3,607 shares in Tootsie Roll Industries , the firm said in a disclosure report filed with the SEC on Apr 21, 2016.Tootsie Roll Industries makes up approximately 4.69% of Reik’s portfolio.

Tootsie Roll Industries opened for trading at $35.56 and hit $36 on the upside on Wednesday, eventually ending the session at $35.97, with a gain of 1.01% or 0.36 points. The heightened volatility saw the trading volume jump to 67,483 shares. Company has a market cap of $2,209 M.

Other Hedge Funds, Including , Strs Ohio sold out all of its stake in TR during the most recent quarter. The investment firm sold 24,308 shares of TR which is valued $859,531.Btim Corp. boosted its stake in TR in the latest quarter, The investment management firm added 36,192 additional shares and now holds a total of 63,770 shares of Tootsie Roll Industries which is valued at $2,254,907. Tootsie Roll Industries makes up approx 0.04% of Btim Corp.’s portfolio.Capital One National Association boosted its stake in TR in the latest quarter, The investment management firm added 1,268 additional shares and now holds a total of 30,106 shares of Tootsie Roll Industries which is valued at $1,064,548. Tootsie Roll Industries makes up approx 0.10% of Capital One National Association’s portfolio.Independent Portfolio Consultants boosted its stake in TR in the latest quarter, The investment management firm added 5,989 additional shares and now holds a total of 20,210 shares of Tootsie Roll Industries which is valued at $707,148. Tootsie Roll Industries makes up approx 0.20% of Independent Portfolio Consultants’s portfolio.Vigilant Capital Management reduced its stake in TR by selling 10 shares or 2.88% in the most recent quarter. The Hedge Fund company now holds 337 shares of TR which is valued at $11,559.

Tootsie Roll Industries Inc. along with its subsidiaries is engaged in the manufacture and sale of confectionery products. The Company’s products are marketed and sold in a range of packages in different types of retail outlets. The Company’s customers include wholesale distributors of candy and groceries supermarkets variety stores dollar stores chain grocers drug chains discount chains cooperative grocery associations mass merchandise warehouse and membership club stores vending machine operators the United States military and fund-raising charitable organizations. The Company sells its products in the United States and Mexico under the brand names TOOTSIE ROLL TOOTSIE ROLL POPS CHILD’S PLAY CARAMEL APPLE POPS CHARMS BLOW-POP CHARMS MINI POPS CELLA’S MASON DOTS MASON CROWS JUNIOR MINTS CHARLESTON CHEW SUGAR DADDY SUGAR BABIES ANDES FLUFFY STUFF DUBBLE BUBBLE RAZZLES CRY BABY and NIK-L-NIP.

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