Clarcor Inc. (NYSE:CLC) reached a new 52-week high during trading on Tuesday . The stock traded as high as $62.68 and last traded at $62.40, with a volume of 40,460 shares trading hands. The stock had previously closed at $61.86.

Several equities research analysts have commented on the stock. Robert W. Baird reiterated a “hold” rating on shares of Clarcor in a research note on Sunday, April 17th. Oppenheimer Holdings Inc. reiterated a “hold” rating on shares of Clarcor in a research note on Thursday, June 16th. Zacks Investment Research upgraded shares of Clarcor from a “hold” rating to a “buy” rating and set a $68.00 price objective for the company in a research note on Friday, June 17th. Finally, CL King reiterated a “neutral” rating on shares of Clarcor in a research note on Wednesday, June 8th. Six research analysts have rated the stock with a hold rating and one has assigned a buy rating to the company. The company currently has an average rating of “Hold” and a consensus target price of $61.00.

The firm’s 50-day moving average price is $60.91 and its 200-day moving average price is $55.28. The firm has a market capitalization of $3.06 billion and a price-to-earnings ratio of 21.57.

Clarcor (NYSE:CLC) last posted its quarterly earnings data on Wednesday, June 15th. The company reported $0.73 EPS for the quarter, topping the consensus estimate of $0.68 by $0.05. During the same quarter in the prior year, the firm earned $0.74 earnings per share. The business had revenue of $365 million for the quarter. Equities research analysts predict that Clarcor Inc. will post $2.66 earnings per share for the current fiscal year.

The firm also recently disclosed a quarterly dividend, which was paid on Friday, July 22nd. Investors of record on Thursday, July 14th were paid a dividend of $0.22 per share. This represents a $0.88 annualized dividend and a yield of 1.40%. The ex-dividend date was Tuesday, July 12th.

In other news, CEO Christopher Conway sold 2,000 shares of the company’s stock in a transaction that occurred on Friday, July 8th. The shares were sold at an average price of $60.81, for a total value of $121,620.00. Following the transaction, the chief executive officer now owns 17,023 shares in the company, valued at $1,035,168.63. The sale was disclosed in a legal filing with the SEC, which is available at this link. Also, VP David J. Lindsay sold 44,000 shares of the company’s stock in a transaction that occurred on Tuesday, July 12th. The stock was sold at an average price of $62.14, for a total transaction of $2,734,160.00. Following the completion of the transaction, the vice president now owns 25,676 shares in the company, valued at approximately $1,595,506.64. The disclosure for this sale can be found here.

Several hedge funds and institutional investors have recently modified their holdings of the company. US Bancorp DE increased its position in shares of Clarcor by 2.1% in the fourth quarter. US Bancorp DE now owns 24,643 shares of the company’s stock valued at $1,224,000 after buying an additional 503 shares in the last quarter. Schroder Investment Management Group increased its position in shares of Clarcor by 20.1% in the fourth quarter. Schroder Investment Management Group now owns 705,600 shares of the company’s stock valued at $35,054,000 after buying an additional 117,900 shares in the last quarter. Principal Financial Group Inc. increased its position in shares of Clarcor by 0.6% in the fourth quarter. Principal Financial Group Inc. now owns 156,476 shares of the company’s stock valued at $7,774,000 after buying an additional 990 shares in the last quarter. Mutual of America Capital Management LLC increased its position in shares of Clarcor by 2.2% in the fourth quarter. Mutual of America Capital Management LLC now owns 34,191 shares of the company’s stock valued at $1,699,000 after buying an additional 737 shares in the last quarter. Finally, New York State Common Retirement Fund increased its position in shares of Clarcor by 13.4% in the fourth quarter. New York State Common Retirement Fund now owns 86,334 shares of the company’s stock valued at $4,289,000 after buying an additional 10,185 shares in the last quarter.

CLARCOR Inc provides filtration products, filtration systems and services, and consumer and industrial packaging products. The Company’s segments include Engine/Mobile Filtration and Industrial/Environmental Filtration. Its Engine/Mobile Filtration segment manufactures and sells filtration products for on-road and off-road mobile and stationary applications, including trucks, agricultural machinery, transit buses, locomotives, and other industrial and specialty applications.

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