Clear Secure, Inc. (NYSE:YOU) Holdings Increased by Strategic Investment Solutions Inc. IL

Strategic Investment Solutions Inc. IL increased its stake in Clear Secure, Inc. (NYSE:YOU) by 113,800.0% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 2,278 shares of the company’s stock after acquiring an additional 2,276 shares during the period. Strategic Investment Solutions Inc. IL’s holdings in Clear Secure were worth $61,000 at the end of the most recent reporting period.

Other hedge funds have also made changes to their positions in the company. Vanguard Group Inc. lifted its holdings in Clear Secure by 3.9% in the 4th quarter. Vanguard Group Inc. now owns 12,526,949 shares of the company’s stock valued at $333,718,000 after acquiring an additional 473,207 shares during the last quarter. Renaissance Technologies LLC lifted its stake in Clear Secure by 15.7% during the fourth quarter. Renaissance Technologies LLC now owns 3,698,159 shares of the company’s stock valued at $98,519,000 after purchasing an additional 501,000 shares during the last quarter. Wellington Management Group LLP boosted its holdings in Clear Secure by 74.9% during the fourth quarter. Wellington Management Group LLP now owns 3,322,514 shares of the company’s stock worth $88,512,000 after buying an additional 1,422,999 shares in the last quarter. Pacer Advisors Inc. grew its position in Clear Secure by 24,161.2% in the fourth quarter. Pacer Advisors Inc. now owns 3,051,815 shares of the company’s stock worth $81,300,000 after buying an additional 3,039,236 shares during the last quarter. Finally, Arrowstreet Capital Limited Partnership increased its holdings in shares of Clear Secure by 112.3% in the fourth quarter. Arrowstreet Capital Limited Partnership now owns 2,766,798 shares of the company’s stock valued at $73,707,000 after buying an additional 1,463,748 shares in the last quarter. Institutional investors and hedge funds own 73.80% of the company’s stock.

Clear Secure Trading Up 1.8 %

Shares of YOU stock opened at $26.74 on Friday. The company has a market capitalization of $3.66 billion, a price-to-earnings ratio of 31.09 and a beta of 1.25. Clear Secure, Inc. has a 1-year low of $16.05 and a 1-year high of $38.88. The stock’s fifty day simple moving average is $25.09 and its 200-day simple moving average is $27.37.

Clear Secure Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Tuesday, March 18th. Stockholders of record on Monday, March 10th were issued a $0.125 dividend. The ex-dividend date was Monday, March 10th. This represents a $0.50 dividend on an annualized basis and a dividend yield of 1.87%. Clear Secure’s dividend payout ratio is 32.47%.

Wall Street Analysts Forecast Growth

YOU has been the topic of a number of recent research reports. Needham & Company LLC restated a “buy” rating and issued a $45.00 target price on shares of Clear Secure in a report on Monday, March 24th. 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 note on Thursday, February 27th. Finally, Telsey Advisory Group reaffirmed an “outperform” rating and set a $42.00 price objective on shares of Clear Secure in a research note on Thursday, February 27th. Two analysts have rated the stock with a hold rating and three have issued a buy rating to the company. Based on data from MarketBeat.com, Clear Secure has an average rating of “Moderate Buy” and a consensus target price of $34.00.

Clear Secure Company 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.