54,956 Shares in Clear Secure, Inc. (NYSE:YOU) Acquired by Brevan Howard Capital Management LP

Brevan Howard Capital Management LP purchased a new stake in Clear Secure, Inc. (NYSE:YOU - Free Report) in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor purchased 54,956 shares of the company's stock, valued at approximately $1,464,000.

Other large investors have also recently modified their holdings of the company. GAMMA Investing LLC increased its holdings in Clear Secure by 221.6% in the fourth quarter. GAMMA Investing LLC now owns 1,119 shares of the company's stock valued at $30,000 after purchasing an additional 771 shares during the period. Huntington National Bank bought a new stake in shares of Clear Secure in the 4th quarter valued at about $35,000. SRS Capital Advisors Inc. increased its stake 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 valued at $57,000 after buying an additional 766 shares during the period. Strategic Investment Solutions Inc. IL raised its position in shares of Clear Secure by 113,800.0% during the fourth quarter. Strategic Investment Solutions Inc. IL now owns 2,278 shares of the company's stock worth $61,000 after acquiring an additional 2,276 shares during the last quarter. Finally, Harbour Investments Inc. lifted its stake 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 during the period. Institutional investors own 73.80% of the company's stock.

Analysts Set New Price Targets

YOU has been the subject of a number of recent analyst reports. Needham & Company LLC reissued a "buy" rating and set a $45.00 target price on shares of Clear Secure in a research report on Monday, March 24th. Stifel Nicolaus lowered their target price on shares of Clear Secure from $32.00 to $26.00 and set a "hold" rating for the company in a research note on Thursday, February 27th. Finally, Telsey Advisory Group cut their price target on shares of Clear Secure from $42.00 to $32.00 and set an "outperform" rating on the stock in a research report on Friday, May 2nd. Two equities research analysts have rated the stock with a hold rating and three have assigned a buy rating to the company's stock. Based on data from MarketBeat.com, the company currently has a consensus rating of "Moderate Buy" and an average target price of $32.00.

Clear Secure Stock Up 4.4 %

NYSE:YOU opened at $26.22 on Wednesday. The firm has a market capitalization of $3.59 billion, a P/E ratio of 30.49 and a beta of 1.25. Clear Secure, Inc. has a twelve month low of $16.05 and a twelve month high of $38.88. The company has a fifty day moving average of $25.67 and a 200-day moving average of $26.60.

Clear Secure Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, June 17th. Stockholders of record on Tuesday, June 10th will be given a dividend of $0.125 per share. This represents a $0.50 dividend on an annualized basis and a dividend yield of 1.91%. Clear Secure's dividend payout ratio (DPR) is presently 32.47%.

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.

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