Haleon plc (NYSE:HLN) Holdings Raised by Simplicity Solutions LLC

Simplicity Solutions LLC grew its stake in shares of Haleon plc (NYSE:HLN) by 82.1% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 22,733 shares of the company’s stock after purchasing an additional 10,247 shares during the period. Simplicity Solutions LLC’s holdings in Haleon were worth $187,000 as of its most recent SEC filing.

Other hedge funds have also modified their holdings of the company. Van ECK Associates Corp lifted its holdings in shares of Haleon by 18.7% during the third quarter. Van ECK Associates Corp now owns 2,470,295 shares of the company’s stock valued at $20,578,000 after purchasing an additional 389,194 shares during the last quarter. QVIDTVM Management LLC lifted its stake in Haleon by 36.8% in the 3rd quarter. QVIDTVM Management LLC now owns 709,564 shares of the company’s stock worth $5,911,000 after acquiring an additional 190,836 shares in the last quarter. Mariner LLC lifted its stake in Haleon by 32.8% in the 3rd quarter. Mariner LLC now owns 345,866 shares of the company’s stock worth $2,881,000 after acquiring an additional 85,357 shares in the last quarter. Cambiar Investors LLC purchased a new stake in Haleon in the 4th quarter worth about $15,225,000. Finally, Oppenheimer Asset Management Inc. lifted its stake in Haleon by 49.5% in the 3rd quarter. Oppenheimer Asset Management Inc. now owns 653,972 shares of the company’s stock worth $5,448,000 after acquiring an additional 216,478 shares in the last quarter. 6.67% of the stock is owned by hedge funds and other institutional investors.

Haleon Stock Performance

Shares of HLN stock opened at $8.22 on Monday. The company has a debt-to-equity ratio of 0.53, a current ratio of 1.04 and a quick ratio of 0.73. Haleon plc has a fifty-two week low of $7.70 and a fifty-two week high of $9.05. The stock’s 50-day moving average is $8.30 and its two-hundred day moving average is $8.29. The firm has a market cap of $37.53 billion, a P/E ratio of 29.36, a PEG ratio of 2.15 and a beta of 0.29.

Haleon Announces Dividend

The company also recently announced a semi-annual dividend, which will be paid on Thursday, May 16th. Shareholders of record on Friday, March 15th will be given a $0.1064 dividend. This represents a yield of 1.8%. The ex-dividend date of this dividend is Thursday, March 14th. Haleon’s payout ratio is currently 75.00%.

Analyst Upgrades and Downgrades

Several brokerages recently issued reports on HLN. HSBC began coverage on Haleon in a research note on Wednesday, April 17th. They issued a “buy” rating for the company. Argus reissued 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 assigned a buy rating to the company’s stock. Based on data from MarketBeat, the company presently has a consensus rating of “Moderate Buy”.

About Haleon

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.