IQ EQ FUND MANAGEMENT IRELAND Ltd Buys Shares of 191,345 Clear Secure, Inc. (NYSE:YOU)

IQ EQ FUND MANAGEMENT IRELAND Ltd bought a new stake in shares of Clear Secure, Inc. (NYSE:YOU - Free Report) during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm bought 191,345 shares of the company's stock, valued at approximately $5,097,000. IQ EQ FUND MANAGEMENT IRELAND Ltd owned 0.14% of Clear Secure as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Vanguard Group Inc. grew its holdings in Clear Secure by 3.9% in the fourth quarter. Vanguard Group Inc. now owns 12,526,949 shares of the company's stock valued at $333,718,000 after purchasing an additional 473,207 shares during the period. FMR LLC grew its stake in Clear Secure by 30.6% in the 3rd quarter. FMR LLC now owns 6,598,424 shares of the company's stock valued at $218,672,000 after acquiring an additional 1,547,692 shares during the period. State Street Corp increased its holdings in Clear Secure by 64.1% in the 3rd quarter. State Street Corp now owns 3,360,945 shares of the company's stock worth $111,381,000 after acquiring an additional 1,312,419 shares in the last quarter. Pacer Advisors Inc. raised its position in Clear Secure by 24,161.2% during the fourth quarter. Pacer Advisors Inc. now owns 3,051,815 shares of the company's stock worth $81,300,000 after acquiring an additional 3,039,236 shares during the period. Finally, Geode Capital Management LLC lifted its holdings in Clear Secure by 6.4% during the third quarter. Geode Capital Management LLC now owns 2,346,854 shares of the company's stock valued at $77,788,000 after purchasing an additional 141,208 shares in the last quarter. Hedge funds and other institutional investors own 73.80% of the company's stock.

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Analyst Ratings Changes

A number of analysts have recently commented on YOU shares. Needham & Company LLC reissued a "buy" rating and set a $45.00 target price on shares of Clear Secure in a research note on Monday, March 24th. Stifel Nicolaus reduced their target price on Clear Secure from $32.00 to $26.00 and set a "hold" rating for the company in a report on Thursday, February 27th. Finally, Telsey Advisory Group reaffirmed an "outperform" rating and issued a $42.00 price target 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 assigned a buy rating to the company. Based on data from MarketBeat, Clear Secure presently has a consensus rating of "Moderate Buy" and an average target price of $34.00.

Clear Secure Price Performance

NYSE YOU traded down $0.56 during trading hours on Monday, hitting $26.00. 398,207 shares of the company's stock traded hands, compared to its average volume of 1,958,030. The company has a market capitalization of $3.56 billion, a PE ratio of 30.19 and a beta of 1.37. Clear Secure, Inc. has a 52-week low of $16.05 and a 52-week high of $38.88. The firm's 50-day moving average is $24.45 and its 200-day moving average is $27.98.

Clear Secure Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Tuesday, March 18th. Investors of record on Monday, March 10th were issued a $0.125 dividend. The ex-dividend date of this dividend was Monday, March 10th. This represents a $0.50 annualized dividend and a dividend yield of 1.92%. Clear Secure's dividend payout ratio is presently 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.