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

October 13, 2017 - By Michael Collier

Investors sentiment decreased to 1.43 in Q2 2017. Its down 0.37, from 1.8 in 2017Q1. It is negative, 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. Arizona State Retirement owns 7,500 shares or 0% of their US portfolio. Morgan Stanley has invested 0% in Tootsie Roll Industries, Inc. (NYSE:TR). Canandaigua State Bank reported 6,994 shares. Millennium Mgmt Lc stated it has 0% of its portfolio in Tootsie Roll Industries, Inc. (NYSE:TR). Bridgeway Cap Inc reported 16,583 shares. Btim invested in 64,465 shares or 0.04% of the stock. Comerica Retail Bank reported 14,552 shares. Martingale Asset Management Lp has invested 0.02% in Tootsie Roll Industries, Inc. (NYSE:TR). Great West Life Assurance Can holds 0% or 10,169 shares. Credit Suisse Ag has 0% invested in Tootsie Roll Industries, Inc. (NYSE:TR). Huntington National Bank holds 0% of its portfolio in Tootsie Roll Industries, Inc. (NYSE:TR) for 2,249 shares. Thompson Davis owns 293 shares or 0.02% of their US portfolio. Janney Montgomery Scott Limited Com holds 7,042 shares. Invesco Limited accumulated 16,122 shares. Moreover, Natl Bank Of America De has 0% invested in Tootsie Roll Industries, Inc. (NYSE:TR) for 20,529 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 $16.55M, 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 $2.32B 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 $6.42 billion US Long portfolio, decreased its stake in Toro Co (NYSE:TTC) by 336,677 shares to 18,545 shares, valued at $1.15M 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 Fool.com with their article: “Tootsie Roll Stock Is Not Such a Sweet Deal” published on July 11, 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: Nasdaq.com and their article: “Ex-Dividend Reminder: Wolverine World Wide, Ingredion and Tootsie Roll Industries” published on September 27, 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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