Fisher Asset Management LLC reduced its position in shares of Haleon plc (NYSE:HLN – Free Report) by 2.6% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 14,770,278 shares of the company’s stock after selling 394,113 shares during the period. Fisher Asset Management LLC owned 0.32% of Haleon worth $121,559,000 as of its most recent SEC filing.
Several other large investors also recently modified their holdings of the business. Hexagon Capital Partners LLC boosted its stake in shares of Haleon by 107.3% during the 4th quarter. Hexagon Capital Partners LLC now owns 4,236 shares of the company’s stock valued at $35,000 after purchasing an additional 2,193 shares in the last quarter. Pinnacle Bancorp Inc. grew its holdings in shares of Haleon by 853.4% during the 4th quarter. Pinnacle Bancorp Inc. now owns 4,767 shares of the company’s stock worth $39,000 after acquiring an additional 4,267 shares during the period. FinTrust Capital Advisors LLC raised its position in shares of Haleon by 93.7% in the 3rd quarter. FinTrust Capital Advisors LLC now owns 5,557 shares of the company’s stock worth $46,000 after acquiring an additional 2,688 shares in the last quarter. NBC Securities Inc. purchased a new position in shares of Haleon in the 3rd quarter valued at approximately $82,000. Finally, Hoxton Planning & Management LLC purchased a new stake in Haleon in the fourth quarter worth $85,000. 6.67% of the stock is owned by institutional investors.
Haleon Stock Performance
HLN traded down $0.02 during midday trading on Friday, hitting $8.30. 11,740,715 shares of the company traded hands, compared to its average volume of 4,833,312. The company’s 50-day moving average is $8.33 and its 200 day moving average is $8.29. The company has a quick ratio of 0.73, a current ratio of 1.04 and a debt-to-equity ratio of 0.53. The firm has a market capitalization of $37.90 billion, a PE ratio of 27.68, a price-to-earnings-growth ratio of 2.18 and a beta of 0.28. Haleon plc has a 52 week low of $7.70 and a 52 week high of $8.98.
Haleon Dividend Announcement
The business also recently disclosed a semi-annual dividend, which will be paid on Thursday, May 16th. Investors of record on Friday, March 15th will be given a dividend of $0.1064 per share. The ex-dividend date of this dividend is Thursday, March 14th. This represents a yield of 1.8%. Haleon’s dividend payout ratio (DPR) is 70.00%.
Analyst Upgrades and Downgrades
Several research analysts recently issued reports on HLN shares. HSBC started coverage on shares of Haleon in a research note on Wednesday, April 17th. They issued a “buy” rating for the company. Argus restated a “buy” rating on shares of Haleon in a research note on Tuesday, March 26th. Two equities research analysts have rated the stock with a hold rating and three have given a buy rating to the stock. According to MarketBeat.com, Haleon currently has an average rating of “Moderate Buy”.
Check Out Our Latest Research Report on Haleon
Haleon Profile
Haleon plc, together with its subsidiaries, engages in the research, development, manufacture, and sale of various consumer healthcare products in North America, Europe, the Middle East, Africa, Latin America, and the Asia Pacific. The company provides oral health products, such as toothpastes, mouth washes, and denture care products under the Sensodyne, Polident, Parodontax, Biotene brands; and vitamins, minerals, and supplements under Centrum, Emergen-C, Caltrate brands.
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