CLARCOR Inc. (NYSE:CLC) is expected to pay $0.25 on Nov 4, 2016. The indicated annual dividend is $1.00. Shareholders owning the stock before Oct 13, 2016 will be eligible to receive the payout. Based on CLARCOR Inc.’s current price of $61.83, the dividend is 0.40%. This dividend’s record date is Oct 17, 2016 and the announcement date is Sep 27, 2016. The stock decreased 2.40% or $1.52 during the last trading session, hitting $61.83. CLARCOR Inc. (NYSE:CLC) has risen 21.14% since March 9, 2016 and is uptrending. It has outperformed by 13.73% the S&P500.
CLARCOR Inc. provides filtration products, filtration systems and services, and consumer and industrial packaging products. The company has a market cap of $3.01 billion. The Company’s divisions include Engine/Mobile Filtration and Industrial/Environmental Filtration. It has a 21.2 P/E ratio. The Company’s Engine/Mobile Filtration segment makes 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.
Insitutional Activity: The institutional sentiment decreased to 0.81 in 2016 Q2. Its down 0.49, from 1.3 in 2016Q1. The ratio turned negative, as 25 funds sold all CLARCOR Inc. shares owned while 87 reduced positions. 22 funds bought stakes while 69 increased positions. They now own 41.60 million shares or 7.20% less from 44.83 million shares in 2016Q1.
State Board Of Administration Of Florida Retirement holds 28,782 shares or 0.01% of its portfolio. Pillar Pacific Cap Mgmt Lc holds 0.08% of its portfolio in CLARCOR Inc. (NYSE:CLC) for 7,500 shares. Advance Cap I Inc has invested 0.66% of its portfolio in CLARCOR Inc. (NYSE:CLC). Jpmorgan Chase owns 33,676 shares or 0% of their US portfolio. Wells Fargo Mn has 0.01% invested in the company for 329,706 shares. State Of Wisconsin Investment Board last reported 171,438 shares in the company. Metropolitan Life Insur Ny accumulated 78,478 shares or 0.04% of the stock. Bnp Paribas Arbitrage Sa holds 0.01% or 21,630 shares in its portfolio. First Republic Mngmt last reported 0% of its portfolio in the stock. Moreover, Perkins Mngmt Lc has 0.47% invested in CLARCOR Inc. (NYSE:CLC) for 515,054 shares. Kornitzer Cap Management Ks has invested 0.01% of its portfolio in CLARCOR Inc. (NYSE:CLC). Ahl Prns Ltd Liability Partnership reported 18,361 shares or 0.06% of all its holdings. Alliancebernstein Lp owns 90,305 shares or 0% of their US portfolio. Stevens Management L P has invested 0.06% of its portfolio in CLARCOR Inc. (NYSE:CLC). Comerica Bank has 0.03% invested in the company for 57,741 shares.
Insider Transactions: Since April 27, 2016, the stock had 0 insider buys, and 6 insider sales for $6.26 million net activity. Another trade for 25,000 shares valued at $1.55M was made by Fallon David Joseph on Tuesday, July 12. On Wednesday, April 27 the insider LINDSAY DAVID J sold $1.29M. The insider Conway Christopher sold 1,500 shares worth $93,270. The insider BURGSTAHLER ROBERT J sold 7,500 shares worth $465,000.
CLARCOR Inc. (NYSE:CLC) Ratings Coverage
Out of 3 analysts covering CLARCOR (NYSE:CLC), 0 rate it a “Buy”, 1 “Sell”, while 2 “Hold”. This means 0 are positive. $64 is the highest target while $53 is the lowest. The $64 average target is 3.51% above today’s ($61.83) stock price. CLARCOR has been the topic of 7 analyst reports since August 12, 2015 according to StockzIntelligence Inc. The stock of CLARCOR Inc. (NYSE:CLC) earned “Hold” rating by Zacks on Tuesday, August 18. The rating was maintained by Robert W. Baird with “Neutral” on Friday, September 16. The stock of CLARCOR Inc. (NYSE:CLC) earned “Hold” rating by TheStreet on Tuesday, September 22. The stock has “Sell” rating given by Zacks on Tuesday, September 22. Robert W. Baird downgraded CLARCOR Inc. (NYSE:CLC) rating on Friday, September 18. Robert W. Baird has “Neutral” rating and $53 price target. Zacks upgraded CLARCOR Inc. (NYSE:CLC) on Monday, August 31 to “Sell” rating. On Wednesday, August 12 the stock rating was upgraded by Zacks to “Sell”.
Another recent and important CLARCOR Inc. (NYSE:CLC) news was published by Forbes.com which published an article titled: “Ex-Dividend Reminder: PNC Financial Services Group, BankUnited and Clarcor” on October 11, 2016.
CLC Company Profile
CLARCOR Inc., incorporated on March 3, 1969, which provides filtration products, filtration systems and services, and consumer and industrial packaging products. The Company’s divisions include Engine/Mobile Filtration and Industrial/Environmental Filtration.
Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.