Peapod Lane Capital LLC Purchases New Shares in Clarus Co. (NASDAQ:CLAR)

Peapod Lane Capital LLC acquired a new position in shares of Clarus Co. (NASDAQ:CLAR) during the 4th quarter, according to its most recent Form 13F filing with the SEC. The firm acquired 477,329 shares of the company’s stock, valued at approximately $2,153,000. Clarus comprises about 2.1% of Peapod Lane Capital LLC’s investment portfolio, making the stock its 17th largest position. Peapod Lane Capital LLC owned approximately 1.24% of Clarus as of its most recent filing with the SEC.

A number of other institutional investors also recently bought and sold shares of the business. Quantbot Technologies LP acquired a new stake in shares of Clarus during the third quarter worth about $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 acquiring an additional 3,521 shares during the last quarter. Quadrature Capital Ltd acquired a new stake in Clarus during the 3rd quarter worth approximately $100,000. XTX Topco Ltd purchased a new position in shares of Clarus in the 3rd quarter valued at approximately $104,000. Finally, Public Employees Retirement System of Ohio acquired a new position in shares of Clarus in the third quarter valued at approximately $107,000. 90.30% of the stock is currently owned by institutional investors and hedge funds.

Clarus Price Performance

Shares of NASDAQ CLAR opened at $4.74 on Thursday. The stock has a fifty day moving average price of $4.68 and a 200 day moving average price of $4.55. Clarus Co. has a 1-year low of $3.89 and a 1-year high of $7.55. The company has a market cap of $181.83 million, a PE ratio of 36.46 and a beta of 0.84.

Clarus Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Wednesday, November 27th. Stockholders of record on Monday, November 18th were paid a $0.025 dividend. This represents a $0.10 annualized dividend and a dividend yield of 2.11%. The ex-dividend date of this dividend was Monday, November 18th. Clarus’s dividend payout ratio (DPR) is presently 76.93%.

Clarus 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.