Clear Secure, Inc. (NYSE:YOU) Shares Bought by Skandinaviska Enskilda Banken AB publ

Skandinaviska Enskilda Banken AB publ raised its holdings in Clear Secure, Inc. (NYSE:YOU) by 71.5% in the 4th quarter, HoldingsChannel reports. The fund owned 537,800 shares of the company’s stock after acquiring an additional 224,200 shares during the period. Skandinaviska Enskilda Banken AB publ’s holdings in Clear Secure were worth $14,558,000 at the end of the most recent quarter.

Other institutional investors also recently bought and sold shares of the company. GAMMA Investing LLC increased its holdings in shares of Clear Secure by 221.6% during the 4th quarter. GAMMA Investing LLC now owns 1,119 shares of the company’s stock worth $30,000 after buying an additional 771 shares during the last quarter. SRS Capital Advisors Inc. increased its holdings in shares of Clear Secure by 56.1% during the 4th quarter. SRS Capital Advisors Inc. now owns 2,132 shares of the company’s stock worth $57,000 after buying an additional 766 shares during the last quarter. SBI Securities Co. Ltd. acquired a new stake in shares of Clear Secure during the 4th quarter worth $83,000. KBC Group NV acquired a new stake in shares of Clear Secure during the 3rd quarter worth $90,000. Finally, Blue Trust Inc. increased its holdings in shares of Clear Secure by 376.0% during the 4th quarter. Blue Trust Inc. now owns 3,413 shares of the company’s stock worth $91,000 after buying an additional 2,696 shares during the last quarter. 73.80% of the stock is currently owned by institutional investors and hedge funds.

Clear Secure Price Performance

NYSE:YOU opened at $24.48 on Friday. The firm has a 50-day moving average of $24.40 and a two-hundred day moving average of $28.20. The stock has a market cap of $3.41 billion, a P/E ratio of 28.46 and a beta of 1.37. Clear Secure, Inc. has a 1-year low of $16.05 and a 1-year high of $38.88.

Clear Secure Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, March 18th. Shareholders of record on Monday, March 10th will be given a $0.125 dividend. The ex-dividend date of this dividend is Monday, March 10th. This represents a $0.50 dividend on an annualized basis and a yield of 2.04%. Clear Secure’s payout ratio is currently 32.47%.

Wall Street Analyst Weigh In

A number of analysts have recently commented on YOU shares. Stifel Nicolaus dropped their price objective on Clear Secure from $32.00 to $26.00 and set a “hold” rating for the company in a report on Thursday, February 27th. Needham & Company LLC reiterated a “buy” rating and issued a $45.00 price target on shares of Clear Secure in a report on Thursday, February 27th. Finally, Telsey Advisory Group reiterated an “outperform” rating and issued a $42.00 price target on shares of Clear Secure in a report on Thursday, February 27th. Two analysts have rated the stock with a hold rating and three have issued a buy rating to the stock. According to data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average price target of $34.00.

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.