Builder Investment Group Inc. ADV Sells 125,536 Shares of Clarus Co. (NASDAQ:CLAR)

Builder Investment Group Inc. ADV decreased its stake in Clarus Co. (NASDAQ:CLAR - Free Report) by 49.4% in the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 128,744 shares of the company's stock after selling 125,536 shares during the quarter. Builder Investment Group Inc. ADV owned approximately 0.34% of Clarus worth $581,000 at the end of the most recent quarter.

A number of other institutional investors also recently modified their holdings of the stock. Rhumbline Advisers boosted its stake in shares of Clarus by 5.9% during the 2nd quarter. Rhumbline Advisers now owns 45,658 shares of the company's stock worth $307,000 after acquiring an additional 2,545 shares in the last quarter. Legacy Capital Group California Inc. boosted its position in Clarus by 32.7% during the third quarter. Legacy Capital Group California Inc. now owns 14,281 shares of the company's stock worth $64,000 after purchasing an additional 3,521 shares during the period. State Street Corp grew its holdings in Clarus by 0.7% during the third quarter. State Street Corp now owns 566,027 shares of the company's stock valued at $2,547,000 after purchasing an additional 3,789 shares during the last quarter. Empowered Funds LLC raised its position in shares of Clarus by 5.3% in the third quarter. Empowered Funds LLC now owns 95,288 shares of the company's stock valued at $429,000 after purchasing an additional 4,824 shares during the period. Finally, Bank of New York Mellon Corp lifted its stake in shares of Clarus by 3.3% in the second quarter. Bank of New York Mellon Corp now owns 285,128 shares of the company's stock worth $1,919,000 after buying an additional 9,175 shares during the last quarter. Institutional investors and hedge funds own 90.30% of the company's stock.

Insider Buying and Selling at Clarus

In related news, Director Michael A. Henning sold 44,600 shares of the stock in a transaction that occurred on Wednesday, November 13th. The stock was sold at an average price of $4.46, for a total transaction of $198,916.00. Following the sale, the director now directly owns 110,400 shares in the company, valued at $492,384. This represents a 28.77 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Company insiders own 20.40% of the company's stock.

Clarus Trading Up 0.4 %

NASDAQ:CLAR traded up $0.02 during mid-day trading on Thursday, hitting $4.57. 89,841 shares of the company's stock traded hands, compared to its average volume of 126,834. The firm has a market capitalization of $175.31 million, a price-to-earnings ratio of 35.16 and a beta of 0.84. The firm has a 50 day moving average of $4.56 and a two-hundred day moving average of $4.75. Clarus Co. has a 12 month low of $3.89 and a 12 month high of $7.55.

Clarus (NASDAQ:CLAR - Get Free Report) last posted its quarterly earnings data on Thursday, November 7th. The company reported $0.02 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.03 by ($0.01). Clarus had a negative return on equity of 2.17% and a net margin of 1.80%. The company had revenue of $67.12 million for the quarter, compared to the consensus estimate of $72.98 million. As a group, equities research analysts expect that Clarus Co. will post -0.06 earnings per share for the current year.

Clarus Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Wednesday, November 27th. Investors of record on Monday, November 18th were given a dividend of $0.025 per share. The ex-dividend date of this dividend was Monday, November 18th. This represents a $0.10 annualized dividend and a dividend yield of 2.19%. Clarus's dividend payout ratio (DPR) is presently 76.93%.

Clarus Profile

Clarus Corporation designs, develops, manufactures, and distributes outdoor equipment and lifestyle products in the United States and internationally. The company operates through two segments, Outdoor and Adventure. The Outdoor segment offers apparels, such as shells, insulation, midlayers, pants, and logowear; rock-climbing footwear and equipment, including carabiners, protection devices, harnesses, belay devices, helmets, and ice-climbing gears; technical backpacks and day packs; trekking poles; headlamps and lanterns; gloves and mittens; and skis, ski poles, ski skins, avalanche airbag systems, avalanche transceivers, shovels, and probes.