International Assets Investment Management LLC Takes Position in Haleon plc (NYSE:HLN)

International Assets Investment Management LLC acquired a new stake in shares of Haleon plc (NYSE:HLN) during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 24,081 shares of the company’s stock, valued at approximately $198,000.

Several other hedge funds have also recently modified their holdings of HLN. FinTrust Capital Advisors LLC increased its holdings in 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 buying an additional 2,688 shares during the period. IFP Advisors Inc increased its holdings in Haleon by 67.2% in the 3rd quarter. IFP Advisors Inc now owns 9,754 shares of the company’s stock worth $81,000 after buying an additional 3,922 shares during the period. NBC Securities Inc. acquired a new position in Haleon in the 3rd quarter worth approximately $82,000. Golden State Equity Partners acquired a new position in Haleon in the 3rd quarter worth approximately $85,000. Finally, Rehmann Capital Advisory Group acquired a new position in Haleon in the 3rd quarter worth approximately $91,000. Institutional investors and hedge funds own 6.67% of the company’s stock.

Wall Street Analyst Weigh In

Several equities analysts recently weighed in on the stock. Argus reiterated a “buy” rating on shares of Haleon in a report on Tuesday, March 26th. HSBC assumed coverage on shares of Haleon in a report on Wednesday, April 17th. They issued a “buy” rating on the stock. Two research analysts have rated the stock with a hold rating and three have given a buy rating to the company’s stock. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy”.

Haleon Trading Up 0.6 %

Haleon stock opened at $8.45 on Monday. The stock’s 50 day simple moving average is $8.33 and its two-hundred day simple moving average is $8.29. The company has a current ratio of 1.04, a quick ratio of 0.73 and a debt-to-equity ratio of 0.53. The firm has a market cap of $38.58 billion, a PE ratio of 30.18, a P/E/G ratio of 2.21 and a beta of 0.29. Haleon plc has a 12 month low of $7.70 and a 12 month high of $8.99.

Haleon Announces Dividend

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