Quantbot Technologies LP Has $1.28 Million Holdings in Clear Secure, Inc. (NYSE:YOU)

Quantbot Technologies LP increased its stake in Clear Secure, Inc. (NYSE:YOU - Free Report) by 316.9% during the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 47,907 shares of the company's stock after acquiring an additional 36,415 shares during the quarter. Quantbot Technologies LP's holdings in Clear Secure were worth $1,276,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently modified their holdings of the stock. GAMMA Investing LLC increased its stake in Clear Secure by 221.6% in the 4th quarter. GAMMA Investing LLC now owns 1,119 shares of the company's stock worth $30,000 after purchasing an additional 771 shares in the last quarter. SRS Capital Advisors Inc. increased its position in shares of Clear Secure by 56.1% in the fourth quarter. SRS Capital Advisors Inc. now owns 2,132 shares of the company's stock worth $57,000 after acquiring an additional 766 shares in the last quarter. Harbour Investments Inc. increased its position in shares of Clear Secure by 23.0% in the fourth quarter. Harbour Investments Inc. now owns 2,405 shares of the company's stock worth $64,000 after acquiring an additional 450 shares in the last quarter. SBI Securities Co. Ltd. acquired a new stake in shares of Clear Secure during the fourth quarter valued at approximately $83,000. Finally, Blue Trust Inc. lifted its position in shares of Clear Secure by 376.0% in the 4th quarter. Blue Trust Inc. now owns 3,413 shares of the company's stock valued at $91,000 after acquiring an additional 2,696 shares in the last quarter. 73.80% of the stock is owned by institutional investors and hedge funds.

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Clear Secure Stock Performance

Shares of NYSE YOU traded down $0.72 during mid-day trading on Friday, reaching $26.53. The company had a trading volume of 1,029,564 shares, compared to its average volume of 1,964,134. Clear Secure, Inc. has a twelve month low of $16.05 and a twelve month high of $38.88. The stock's 50 day moving average is $24.44 and its 200-day moving average is $28.03. The stock has a market capitalization of $3.63 billion, a PE ratio of 30.85 and a beta of 1.37.

Clear Secure Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Tuesday, March 18th. Shareholders of record on Monday, March 10th were paid a $0.125 dividend. This represents a $0.50 dividend on an annualized basis and a yield of 1.88%. The ex-dividend date was Monday, March 10th. Clear Secure's dividend payout ratio (DPR) is presently 32.47%.

Wall Street Analysts Forecast Growth

Several analysts have issued reports on the stock. Telsey Advisory Group reissued an "outperform" rating and set a $42.00 target price on shares of Clear Secure in a research note on Thursday, February 27th. Stifel Nicolaus dropped their price target on Clear Secure from $32.00 to $26.00 and set a "hold" rating on the stock in a research report on Thursday, February 27th. Finally, Needham & Company LLC restated a "buy" rating and set a $45.00 price objective on shares of Clear Secure in a research report on Monday. Two investment analysts have rated the stock with a hold rating and three have issued a buy rating to the company. According to data from MarketBeat.com, Clear Secure presently has an average rating of "Moderate Buy" and a consensus target price of $34.00.

About Clear Secure

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.