DekaBank Deutsche Girozentrale Has $156,000 Stock Holdings in Clear Secure, Inc. (NYSE:YOU)

DekaBank Deutsche Girozentrale lifted its holdings in shares of Clear Secure, Inc. (NYSE:YOU) by 108.6% in the fourth quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 7,545 shares of the company’s stock after buying an additional 3,928 shares during the period. DekaBank Deutsche Girozentrale’s holdings in Clear Secure were worth $156,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds have also modified their holdings of the business. Royal Bank of Canada lifted its holdings in shares of Clear Secure by 20.9% in the third quarter. Royal Bank of Canada now owns 2,357 shares of the company’s stock worth $54,000 after acquiring an additional 407 shares during the last quarter. Arizona State Retirement System increased its position in Clear Secure by 2.8% during the 4th quarter. Arizona State Retirement System now owns 21,143 shares of the company’s stock worth $437,000 after purchasing an additional 583 shares in the last quarter. Legal & General Group Plc lifted its stake in Clear Secure by 4.2% in the 4th quarter. Legal & General Group Plc now owns 16,427 shares of the company’s stock valued at $451,000 after purchasing an additional 668 shares during the last quarter. Amalgamated Bank boosted its position in Clear Secure by 6.2% in the third quarter. Amalgamated Bank now owns 12,682 shares of the company’s stock valued at $241,000 after buying an additional 745 shares in the last quarter. Finally, Advisor Group Holdings Inc. grew its stake in shares of Clear Secure by 12.9% during the first quarter. Advisor Group Holdings Inc. now owns 7,858 shares of the company’s stock worth $210,000 after buying an additional 899 shares during the last quarter. 73.80% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

YOU has been the subject of a number of research reports. Wedbush reiterated a “neutral” rating and issued a $23.00 price target on shares of Clear Secure in a research note on Wednesday, February 28th. Telsey Advisory Group reissued an “outperform” rating and set a $34.00 price target on shares of Clear Secure in a research note on Tuesday, March 26th. Wells Fargo & Company reaffirmed an “underweight” rating and issued a $20.00 price objective on shares of Clear Secure in a research note on Wednesday, December 20th. Needham & Company LLC reiterated a “buy” rating and issued a $40.00 price objective on shares of Clear Secure in a report on Tuesday, March 26th. Finally, TheStreet raised shares of Clear Secure from a “d+” rating to a “c-” rating in a report on Friday, December 22nd. One investment analyst has rated the stock with a sell rating, two have assigned a hold rating and three have given a buy rating to the company’s stock. Based on data from MarketBeat, the company presently has a consensus rating of “Hold” and a consensus price target of $28.80.

Clear Secure Trading Up 2.0 %

NYSE YOU opened at $18.99 on Wednesday. The firm has a market capitalization of $3.02 billion, a PE ratio of 63.30 and a beta of 1.54. The business’s 50-day moving average price is $19.54 and its two-hundred day moving average price is $19.69. Clear Secure, Inc. has a 12 month low of $15.28 and a 12 month high of $27.75.

Clear Secure (NYSE:YOU) last posted its quarterly earnings data on Wednesday, February 28th. The company reported $0.16 EPS for the quarter, hitting analysts’ consensus estimates of $0.16. The company had revenue of $170.97 million for the quarter, compared to analyst estimates of $166.56 million. Clear Secure had a return on equity of 9.66% and a net margin of 4.58%. The firm’s quarterly revenue was up 33.3% on a year-over-year basis. During the same period in the previous year, the firm earned ($0.12) earnings per share. As a group, analysts forecast that Clear Secure, Inc. will post 0.41 earnings per share for the current fiscal year.

Clear Secure Increases Dividend

The company also recently disclosed a None dividend, which was paid on Monday, April 8th. Stockholders of record on Monday, April 1st were given a dividend of $0.32 per share. The ex-dividend date was Thursday, March 28th. This is a boost from Clear Secure’s previous None dividend of $0.25. Clear Secure’s dividend payout ratio is 120.00%.

Insider Transactions at Clear Secure

In related news, insider Richard N. Jr. Patterson sold 7,500 shares of the business’s stock in a transaction on Wednesday, February 14th. The shares were sold at an average price of $20.00, for a total value of $150,000.00. Following the transaction, the insider now owns 41,727 shares in the company, valued at $834,540. The transaction was disclosed in a document filed with the SEC, which is available through this link. 39.94% of the stock is currently owned by corporate insiders.

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.