Clarcor Inc. (NYSE:CLC)’s share price reached a new 52-week high during mid-day trading on Friday . The company traded as high as $63.35 and last traded at $63.31, with a volume of 55,983 shares trading hands. The stock had previously closed at $62.41.

CLC has been the topic of a number of analyst reports. Zacks Investment Research cut shares of Clarcor from a “buy” rating to a “hold” rating in a research report on Tuesday, May 24th. Oppenheimer Holdings Inc. restated a “hold” rating on shares of Clarcor in a research report on Thursday, June 16th. CL King restated a “neutral” rating on shares of Clarcor in a research report on Wednesday, June 8th. Finally, Robert W. Baird restated a “hold” rating on shares of Clarcor in a research report on Sunday, April 17th. Six research analysts have rated the stock with a hold rating and one has given a buy rating to the company’s stock. The stock has an average rating of “Hold” and an average price target of $61.00.

The firm’s 50 day moving average price is $61.22 and its 200 day moving average price is $55.93. The company has a market cap of $3.09 billion and a PE ratio of 21.79.

Clarcor (NYSE:CLC) last issued its earnings results on Wednesday, June 15th. The company reported $0.73 earnings per share for the quarter, topping the Zacks’ consensus estimate of $0.68 by $0.05. The company had revenue of $365 million for the quarter. During the same period last year, the company posted $0.74 EPS. On average, equities research analysts forecast that Clarcor Inc. will post $2.66 earnings per share for the current fiscal year.

The business also recently announced a quarterly dividend, which was paid on Friday, July 22nd. Investors of record on Thursday, July 14th were given a dividend of $0.22 per share. The ex-dividend date of this dividend was Tuesday, July 12th. This represents a $0.88 dividend on an annualized basis and a dividend yield of 1.39%.

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

Other institutional investors have added to or reduced their stakes in the company. Schroder Investment Management Group raised its position in 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 during the period. New York State Common Retirement Fund increased its stake 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. Comerica Bank increased its stake in shares of Clarcor by 12.8% in the fourth quarter. Comerica Bank now owns 53,865 shares of the company’s stock valued at $2,424,000 after buying an additional 6,097 shares in the last quarter. Principal Financial Group Inc. increased its stake 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. Finally, Mutual of America Capital Management LLC increased its stake 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.

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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