Clarus Co. (NASDAQ:CLAR) Stock Holdings Lifted by Barclays PLC

Barclays PLC raised its stake in Clarus Co. (NASDAQ:CLAR) by 263.4% during the 3rd quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 40,478 shares of the company’s stock after buying an additional 29,340 shares during the period. Barclays PLC owned approximately 0.11% of Clarus worth $183,000 as of its most recent filing with the SEC.

Other institutional investors also recently modified their holdings of the company. Quantbot Technologies LP acquired a new stake in Clarus during the 3rd quarter valued at $54,000. Legacy Capital Group California Inc. raised its stake in Clarus by 32.7% during the 3rd quarter. Legacy Capital Group California Inc. now owns 14,281 shares of the company’s stock valued at $64,000 after purchasing an additional 3,521 shares during the period. Quadrature Capital Ltd acquired a new stake in Clarus during the 3rd quarter valued at $100,000. XTX Topco Ltd acquired a new stake in Clarus during the 3rd quarter valued at $104,000. Finally, Public Employees Retirement System of Ohio acquired a new position in shares of Clarus in the third quarter worth $107,000. Institutional investors own 90.30% of the company’s stock.

Insider Transactions at Clarus

In other news, Director Michael A. Henning sold 44,600 shares of the business’s stock in a transaction dated Wednesday, November 13th. The shares were sold at an average price of $4.46, for a total transaction of $198,916.00. Following the transaction, the director now owns 110,400 shares in the company, valued at approximately $492,384. The trade was a 28.77 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Insiders own 20.40% of the company’s stock.

Clarus Stock Performance

Shares of NASDAQ CLAR opened at $4.81 on Thursday. The business has a 50 day simple moving average of $4.57 and a 200 day simple moving average of $4.69. Clarus Co. has a 52 week low of $3.89 and a 52 week high of $7.55. The stock has a market cap of $184.51 million, a price-to-earnings ratio of 37.00 and a beta of 0.84.

Clarus (NASDAQ:CLAR) last issued its quarterly earnings data on Thursday, November 7th. The company reported $0.02 EPS for the quarter, missing analysts’ consensus estimates of $0.03 by ($0.01). Clarus had a net margin of 1.80% and a negative return on equity of 2.17%. The company had revenue of $67.12 million for the quarter, compared to analyst estimates of $72.98 million. On average, analysts predict that Clarus Co. will post -0.06 EPS for the current year.

Clarus Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Wednesday, November 27th. Shareholders of record on Monday, November 18th were given a $0.025 dividend. The ex-dividend date was Monday, November 18th. This represents a $0.10 annualized dividend and a yield of 2.08%. Clarus’s dividend payout ratio is 76.93%.

Clarus Company Profile

Clarus Corporation designs, develops, manufactures, and distributes outdoor equipment and lifestyle products in the United States and internationally. The company operates through two segments, Outdoor and Adventure. The Outdoor segment offers apparels, such as shells, insulation, midlayers, pants, and logowear; rock-climbing footwear and equipment, including carabiners, protection devices, harnesses, belay devices, helmets, and ice-climbing gears; technical backpacks and day packs; trekking poles; headlamps and lanterns; gloves and mittens; and skis, ski poles, ski skins, avalanche airbag systems, avalanche transceivers, shovels, and probes.