Blue Trust Inc. Has $91,000 Holdings in Clear Secure, Inc. (NYSE:YOU)

Blue Trust Inc. raised its holdings in Clear Secure, Inc. (NYSE:YOU) by 376.0% in the fourth quarter, Holdings Channel.com reports. The fund owned 3,413 shares of the company’s stock after acquiring an additional 2,696 shares during the quarter. Blue Trust Inc.’s holdings in Clear Secure were worth $91,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also modified their holdings of the company. Capital Performance Advisors LLP acquired a new position in Clear Secure during the third quarter worth $26,000. GAMMA Investing LLC boosted its stake 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 acquiring an additional 771 shares in the last quarter. Future Financial Wealth Managment LLC acquired a new position in shares of Clear Secure during the 3rd quarter valued at about $33,000. KBC Group NV bought a new position in shares of Clear Secure in the 3rd quarter valued at approximately $90,000. Finally, NBC Securities Inc. acquired a new stake in Clear Secure in the 3rd quarter worth approximately $105,000. Institutional investors and hedge funds own 73.80% of the company’s stock.

Wall Street Analyst Weigh In

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

Clear Secure Stock Performance

NYSE YOU opened at $23.20 on Friday. Clear Secure, Inc. has a twelve month low of $16.05 and a twelve month high of $38.88. The stock has a market cap of $3.23 billion, a PE ratio of 26.98 and a beta of 1.38. The firm has a 50-day simple moving average of $25.89 and a 200 day simple moving average of $28.32.

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

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.