16,751 Shares in Clear Secure, Inc. (NYSE:YOU) Bought by Hanseatic Management Services Inc.

Hanseatic Management Services Inc. bought a new stake in Clear Secure, Inc. (NYSE:YOU) during the 4th quarter, Holdings Channel.com reports. The fund bought 16,751 shares of the company’s stock, valued at approximately $446,000.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in YOU. Hsbc Holdings PLC boosted its stake in Clear Secure by 0.5% in the second quarter. Hsbc Holdings PLC now owns 78,968 shares of the company’s stock valued at $1,467,000 after acquiring an additional 409 shares in the last quarter. Truist Financial Corp increased its position in shares of Clear Secure by 2.0% during the second quarter. Truist Financial Corp now owns 29,061 shares of the company’s stock worth $544,000 after purchasing an additional 582 shares in the last quarter. Capital Performance Advisors LLP purchased a new stake in shares of Clear Secure during the 3rd quarter valued at $26,000. GAMMA Investing LLC boosted its position in shares of 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. Finally, Future Financial Wealth Managment LLC purchased a new position in Clear Secure during the 3rd quarter worth $33,000. Hedge funds and other institutional investors own 73.80% of the company’s stock.

Analyst Ratings Changes

A number of equities research analysts have commented on the company. Stifel Nicolaus increased their price target on Clear Secure from $24.00 to $32.00 and gave the company a “hold” rating in a research note on Monday, October 28th. Needham & Company LLC reaffirmed a “buy” rating and issued a $45.00 price objective on shares of Clear Secure in a research report on Monday, December 16th. Telsey Advisory Group lifted their target price on shares of Clear Secure from $34.00 to $42.00 and gave the stock an “outperform” rating in a research note on Friday, November 1st. Finally, Wedbush restated a “neutral” rating and set a $26.00 price target (up previously from $24.00) on shares of Clear Secure in a research note on Thursday, November 7th. 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.com, the company currently has a consensus rating of “Moderate Buy” and an average price target of $35.20.

Clear Secure Stock Performance

Shares of YOU stock opened at $26.01 on Friday. The stock’s 50-day simple moving average is $26.68 and its 200-day simple moving average is $27.94. The firm has a market capitalization of $3.63 billion, a PE ratio of 30.24 and a beta of 1.41. Clear Secure, Inc. has a fifty-two week low of $16.05 and a fifty-two week high of $38.88.

Clear Secure (NYSE:YOU) last posted its earnings results on Thursday, November 7th. The company reported $0.30 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.33 by ($0.03). The business had revenue of $198.40 million for the quarter, compared to analyst estimates of $194.62 million. Clear Secure had a net margin of 10.93% and a return on equity of 48.28%. The company’s revenue for the quarter was up 23.7% on a year-over-year basis. During the same quarter in the prior year, the firm earned $0.20 earnings per share. Sell-side analysts forecast that Clear Secure, Inc. will post 0.98 earnings per share for the current year.

Clear Secure Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Tuesday, December 17th. Investors of record on Tuesday, December 10th were issued a dividend of $0.125 per share. This represents a $0.50 annualized dividend and a yield of 1.92%. This is a positive change from Clear Secure’s previous quarterly dividend of $0.10. The ex-dividend date was Tuesday, December 10th. Clear Secure’s dividend payout ratio (DPR) is 58.14%.

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.