Dimensional Fund Advisors LP Acquires 146,766 Shares of Clarus Co. (NASDAQ:CLAR)

Dimensional Fund Advisors LP grew its holdings in shares of Clarus Co. (NASDAQ:CLAR - Free Report) by 22.8% during the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 791,275 shares of the company's stock after buying an additional 146,766 shares during the quarter. Dimensional Fund Advisors LP owned approximately 2.06% of Clarus worth $5,325,000 at the end of the most recent reporting period.

A number of other large investors also recently modified their holdings of the business. Greenhaven Road Investment Management L.P. raised its holdings in Clarus by 348.7% during the fourth quarter. Greenhaven Road Investment Management L.P. now owns 463,985 shares of the company's stock worth $3,199,000 after acquiring an additional 360,583 shares in the last quarter. Parthenon LLC boosted its holdings in shares of Clarus by 8.1% in the 1st quarter. Parthenon LLC now owns 200,164 shares of the company's stock valued at $1,351,000 after buying an additional 15,000 shares during the last quarter. Mirae Asset Global Investments Co. Ltd. grew its stake in shares of Clarus by 30.8% in the first quarter. Mirae Asset Global Investments Co. Ltd. now owns 15,530 shares of the company's stock valued at $105,000 after buying an additional 3,658 shares in the last quarter. BNP Paribas Financial Markets grew its stake in shares of Clarus by 71.5% in the first quarter. BNP Paribas Financial Markets now owns 14,908 shares of the company's stock valued at $101,000 after buying an additional 6,213 shares in the last quarter. Finally, Empowered Funds LLC acquired a new position in Clarus during the first quarter worth $567,000. 90.30% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

A number of research analysts have recently commented on CLAR shares. B. Riley decreased their price objective on shares of Clarus from $9.00 to $7.00 and set a "buy" rating for the company in a research report on Monday, August 5th. Roth Capital cut Clarus from a "strong-buy" rating to a "hold" rating in a report on Friday, August 2nd. Roth Mkm downgraded Clarus from a "buy" rating to a "neutral" rating and lowered their price target for the stock from $7.50 to $6.00 in a research report on Friday, August 2nd. Finally, StockNews.com cut Clarus from a "hold" rating to a "sell" rating in a research report on Saturday, August 10th. One research analyst has rated the stock with a sell rating, three have issued a hold rating and one has assigned a buy rating to the company. Based on data from MarketBeat.com, the stock has an average rating of "Hold" and a consensus target price of $6.67.

Insiders Place Their Bets

In other Clarus news, Chairman Warren B. Kanders bought 30,000 shares of Clarus stock in a transaction dated Monday, September 9th. The stock was bought at an average price of $4.05 per share, with a total value of $121,500.00. Following the completion of the transaction, the chairman now owns 4,075,527 shares in the company, valued at $16,505,884.35. The trade was a 0.00 % increase in their position. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. In other Clarus news, Chairman Warren B. Kanders purchased 30,000 shares of the company's stock in a transaction dated Monday, September 9th. The stock was bought at an average cost of $4.05 per share, for a total transaction of $121,500.00. Following the completion of the transaction, the chairman now owns 4,075,527 shares in the company, valued at approximately $16,505,884.35. This represents a 0.00 % increase in their ownership of the stock. The acquisition was disclosed in a document filed with the SEC, which is available through this link. Also, Chairman Warren B. Kanders purchased 200,000 shares of the business's stock in a transaction that occurred on Friday, September 6th. The stock was bought at an average price of $4.19 per share, with a total value of $838,000.00. Following the completion of the purchase, the chairman now owns 4,045,527 shares of the company's stock, valued at $16,950,758.13. This trade represents a 0.00 % increase in their position. The disclosure for this purchase can be found here. Company insiders own 22.40% of the company's stock.

Clarus Stock Up 1.6 %

Shares of NASDAQ CLAR traded up $0.07 during mid-day trading on Wednesday, reaching $4.49. 103,886 shares of the company were exchanged, compared to its average volume of 288,308. Clarus Co. has a twelve month low of $3.89 and a twelve month high of $7.55. The stock has a market capitalization of $172.24 million, a P/E ratio of 17.04 and a beta of 0.83. The company's 50-day simple moving average is $4.49 and its 200-day simple moving average is $5.79.

Clarus (NASDAQ:CLAR - Get Free Report) last issued its quarterly earnings data on Thursday, August 1st. The company reported ($0.06) earnings per share (EPS) for the quarter. The company had revenue of $56.48 million for the quarter, compared to analyst estimates of $59.28 million. Clarus had a negative return on equity of 0.75% and a net margin of 2.23%. During the same quarter last year, the business earned $0.07 earnings per share. As a group, equities research analysts expect that Clarus Co. will post 0.02 EPS for the current year.

Clarus Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Monday, August 19th. Shareholders of record on Friday, August 9th were given a dividend of $0.025 per share. This represents a $0.10 annualized dividend and a yield of 2.23%. The ex-dividend date was Friday, August 9th. Clarus's payout ratio is 38.46%.

Clarus Company 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.