International Assets Investment Management LLC Makes New $198,000 Investment in Haleon plc (NYSE:HLN)

International Assets Investment Management LLC bought a new position in shares of Haleon plc (NYSE:HLN) during the fourth quarter, according to the company in its most recent disclosure with the SEC. The firm bought 24,081 shares of the company’s stock, valued at approximately $198,000.

A number of other large investors also recently bought and sold shares of HLN. FMR LLC lifted its holdings in Haleon by 22.2% during the 3rd quarter. FMR LLC now owns 53,951,936 shares of the company’s stock worth $449,420,000 after buying an additional 9,812,040 shares during the last quarter. Wellington Management Group LLP bought a new position in Haleon during the 3rd quarter worth approximately $42,640,000. Envestnet Asset Management Inc. lifted its holdings in Haleon by 121.2% during the 3rd quarter. Envestnet Asset Management Inc. now owns 5,931,187 shares of the company’s stock worth $49,407,000 after buying an additional 3,249,517 shares during the last quarter. Kayne Anderson Rudnick Investment Management LLC lifted its holdings in Haleon by 6,593.0% during the 3rd quarter. Kayne Anderson Rudnick Investment Management LLC now owns 1,692,937 shares of the company’s stock worth $14,102,000 after buying an additional 1,667,643 shares during the last quarter. Finally, Bank of New York Mellon Corp lifted its holdings in Haleon by 71.3% during the 3rd quarter. Bank of New York Mellon Corp now owns 1,495,001 shares of the company’s stock worth $12,453,000 after buying an additional 622,041 shares during the last quarter. Institutional investors own 6.67% of the company’s stock.

Analysts Set New Price Targets

Several brokerages recently issued reports on HLN. Argus reissued a “buy” rating on shares of Haleon in a report on Tuesday, March 26th. HSBC began coverage on Haleon in a report on Wednesday, April 17th. They issued a “buy” rating on the stock. Two analysts have rated the stock with a hold rating and three have given a buy rating to the company. According to data from MarketBeat.com, the company has a consensus rating of “Moderate Buy”.

Haleon Stock Up 0.6 %

Shares of HLN stock opened at $8.45 on Monday. Haleon plc has a 1 year low of $7.70 and a 1 year high of $8.99. The stock has a market cap of $38.58 billion, a PE ratio of 30.18, a price-to-earnings-growth ratio of 2.21 and a beta of 0.29. The business’s fifty day moving average is $8.33 and its 200-day moving average is $8.29. The company has a debt-to-equity ratio of 0.53, a quick ratio of 0.73 and a current ratio of 1.04.

Haleon Announces Dividend

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

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.