New Age Alpha Advisors LLC acquired a new position in Clear Secure, Inc. (NYSE:YOU - Free Report) during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm acquired 125,907 shares of the company's stock, valued at approximately $3,354,000. New Age Alpha Advisors LLC owned approximately 0.09% of Clear Secure as of its most recent filing with the Securities & Exchange Commission.
Other large investors also recently added to or reduced their stakes in the company. Harbour Investments Inc. grew its stake in Clear Secure by 23.0% in the 4th quarter. Harbour Investments Inc. now owns 2,405 shares of the company's stock worth $64,000 after buying an additional 450 shares in the last quarter. Oregon Public Employees Retirement Fund lifted its holdings in shares of Clear Secure by 2.1% during the 4th quarter. Oregon Public Employees Retirement Fund now owns 22,161 shares of the company's stock worth $590,000 after acquiring an additional 461 shares during the last quarter. Maryland State Retirement & Pension System grew its position in Clear Secure by 1.6% in the fourth quarter. Maryland State Retirement & Pension System now owns 31,661 shares of the company's stock worth $843,000 after acquiring an additional 509 shares in the last quarter. Commonwealth Equity Services LLC increased its stake in Clear Secure by 3.4% in the fourth quarter. Commonwealth Equity Services LLC now owns 18,737 shares of the company's stock valued at $499,000 after acquiring an additional 612 shares during the last quarter. Finally, SRS Capital Advisors Inc. raised its position in Clear Secure by 56.1% during the fourth quarter. SRS Capital Advisors Inc. now owns 2,132 shares of the company's stock valued at $57,000 after purchasing an additional 766 shares in the last quarter. Institutional investors own 73.80% of the company's stock.
Wall Street Analyst Weigh In
A number of equities research analysts have recently issued reports on the stock. Stifel Nicolaus cut their price objective on shares of Clear Secure from $32.00 to $26.00 and set a "hold" rating for the company in a research note on Thursday, February 27th. 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. Finally, Needham & Company LLC reissued a "buy" rating and set a $45.00 price objective on shares of Clear Secure in a research note on Monday, March 24th. Two research analysts have rated the stock with a hold rating and three have given a buy rating to the company's stock. According to MarketBeat, the company presently has an average rating of "Moderate Buy" and an average price target of $34.00.
View Our Latest Stock Analysis on Clear Secure
Clear Secure Price Performance
NYSE:YOU traded down $1.32 during mid-day trading on Thursday, hitting $25.02. 987,653 shares of the company's stock were exchanged, compared to its average volume of 1,959,327. The company has a market cap of $3.42 billion, a PE ratio of 29.09 and a beta of 1.37. Clear Secure, Inc. has a one year low of $16.05 and a one year high of $38.88. The business has a fifty day moving average price of $24.50 and a 200 day moving average price of $27.91.
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 paid 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 2.00%. Clear Secure's payout ratio is currently 32.47%.
About Clear Secure
(
Free Report)
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.
Further Reading
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