18,725 Shares in Clear Secure, Inc. (NYSE:YOU) Bought by Aigen Investment Management LP

Aigen Investment Management LP acquired a new stake in shares of Clear Secure, Inc. (NYSE:YOU - Free Report) in the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor acquired 18,725 shares of the company's stock, valued at approximately $499,000.

Other hedge funds have also made changes to their positions in the company. Capital Performance Advisors LLP acquired a new stake in Clear Secure during the third quarter worth $26,000. GAMMA Investing LLC boosted its position in shares of Clear Secure by 221.6% during the 4th quarter. GAMMA Investing LLC now owns 1,119 shares of the company's stock valued at $30,000 after acquiring an additional 771 shares in the last quarter. SRS Capital Advisors Inc. boosted its position in shares of Clear Secure by 56.1% during the 4th quarter. SRS Capital Advisors Inc. now owns 2,132 shares of the company's stock valued at $57,000 after acquiring an additional 766 shares in the last quarter. SBI Securities Co. Ltd. bought a new stake in Clear Secure in the fourth quarter valued at about $83,000. Finally, KBC Group NV acquired a new position in Clear Secure in the third quarter worth about $90,000. Institutional investors own 73.80% of the company's stock.

Clear Secure Stock Performance

Shares of NYSE YOU traded down $0.13 during trading on Tuesday, reaching $25.18. The company had a trading volume of 3,265,570 shares, compared to its average volume of 2,164,535. Clear Secure, Inc. has a 52 week low of $16.05 and a 52 week high of $38.88. The business's 50 day moving average price is $24.56 and its 200-day moving average price is $28.30. The stock has a market cap of $3.51 billion, a PE ratio of 29.27 and a beta of 1.37.

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Clear Secure Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Tuesday, March 18th. Stockholders of record on Monday, March 10th will be paid a $0.125 dividend. The ex-dividend date is Monday, March 10th. This represents a $0.50 annualized dividend and a dividend yield of 1.99%. Clear Secure's dividend payout ratio (DPR) is currently 32.47%.

Analyst Upgrades and Downgrades

YOU has been the topic of several analyst reports. Needham & Company LLC reiterated a "buy" rating and issued a $45.00 price objective on shares of Clear Secure in a research note on Thursday, February 27th. Stifel Nicolaus decreased their price target on Clear Secure from $32.00 to $26.00 and set a "hold" rating on the stock in a research note on Thursday, February 27th. Finally, Telsey Advisory Group reiterated an "outperform" rating and set a $42.00 price objective on shares of Clear Secure in a research note on Thursday, February 27th. Two analysts have rated the stock with a hold rating and three have given a buy rating to the stock. Based on data from MarketBeat.com, Clear Secure currently has an average rating of "Moderate Buy" and a consensus price target of $34.00.

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.