7,744 Shares in Clear Secure, Inc. (NYSE:YOU) Bought by Lingohr Asset Management GmbH

Lingohr Asset Management GmbH bought a new stake in shares of Clear Secure, Inc. (NYSE:YOU) during the 4th quarter, HoldingsChannel reports. The institutional investor bought 7,744 shares of the company’s stock, valued at approximately $210,000.

A number of other institutional investors and hedge funds also recently made changes to their positions in YOU. Pacer Advisors Inc. lifted its holdings in Clear Secure by 24,161.2% in the 4th quarter. Pacer Advisors Inc. now owns 3,051,815 shares of the company’s stock worth $81,300,000 after purchasing an additional 3,039,236 shares during the last quarter. Wellington Management Group LLP bought a new position in shares of Clear Secure in the third quarter valued at approximately $62,950,000. FMR LLC lifted its stake in shares of Clear Secure by 30.6% in the third quarter. FMR LLC now owns 6,598,424 shares of the company’s stock worth $218,672,000 after buying an additional 1,547,692 shares during the last quarter. William Blair Investment Management LLC bought a new stake in shares of Clear Secure during the 4th quarter worth $37,697,000. Finally, State Street Corp grew its stake in Clear Secure by 64.1% in the 3rd quarter. State Street Corp now owns 3,360,945 shares of the company’s stock valued at $111,381,000 after buying an additional 1,312,419 shares during the last quarter. Institutional investors and hedge funds own 73.80% of the company’s stock.

Analysts Set New Price Targets

A number of research firms have weighed in on YOU. Telsey Advisory Group reissued an “outperform” rating and set a $42.00 target price on shares of Clear Secure in a research report on Thursday, February 27th. Stifel Nicolaus decreased their target price on Clear Secure from $32.00 to $26.00 and set a “hold” rating for the company in a research note on Thursday, February 27th. Finally, Needham & Company LLC reaffirmed a “buy” rating and issued a $45.00 price target on shares of Clear Secure in a research report on Thursday, February 27th. Two research analysts have rated the stock with a hold rating and three have given a buy rating to the company. Based on data from MarketBeat, Clear Secure currently has a consensus rating of “Moderate Buy” and a consensus price target of $34.00.

Clear Secure Stock Performance

Shares of YOU opened at $27.68 on Thursday. The company has a 50-day simple moving average of $24.39 and a 200-day simple moving average of $28.13. Clear Secure, Inc. has a 52 week low of $16.05 and a 52 week high of $38.88. The firm has a market capitalization of $3.79 billion, a P/E ratio of 32.18 and a beta of 1.37.

Clear Secure Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, March 18th. Shareholders of record on Monday, March 10th were given a $0.125 dividend. The ex-dividend date of this dividend was Monday, March 10th. This represents a $0.50 dividend on an annualized basis and a dividend yield of 1.81%. Clear Secure’s dividend payout ratio is currently 32.47%.

Clear Secure Profile

Clear Secure, Inc operates a secure identity platform under the CLEAR brand name primarily in the United States. Its secure identity platform is a multi-layered infrastructure consisting of front-end, including enrollment, verification, and linking, as well as back-end. The company also offers CLEAR Plus, a consumer aviation subscription service, which enables access to predictable entry lanes in airport security checkpoints, as well as access to broader network; and CLEAR mobile app, which is used to enroll new members and improve the experience for existing members.