Haleon plc (NYSE:HLN) Shares Acquired by Syon Capital LLC

Syon Capital LLC boosted its holdings in Haleon plc (NYSE:HLN) by 31.4% in the fourth quarter, HoldingsChannel.com reports. The firm owned 67,711 shares of the company’s stock after buying an additional 16,175 shares during the quarter. Syon Capital LLC’s holdings in Haleon were worth $557,000 as of its most recent SEC filing.

Other hedge funds also recently added to or reduced their stakes in the company. Pinnacle Bancorp Inc. boosted its position in shares of Haleon by 853.4% in the 4th quarter. Pinnacle Bancorp Inc. now owns 4,767 shares of the company’s stock valued at $39,000 after purchasing an additional 4,267 shares during the period. FinTrust Capital Advisors LLC increased its holdings 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 valued at $46,000 after acquiring an additional 2,688 shares during the period. IFP Advisors Inc increased its holdings in shares of Haleon by 67.2% in the 3rd quarter. IFP Advisors Inc now owns 9,754 shares of the company’s stock valued at $81,000 after acquiring an additional 3,922 shares during the period. NBC Securities Inc. purchased a new stake in Haleon in the 3rd quarter valued at $82,000. Finally, Golden State Equity Partners acquired a new stake in Haleon during the 3rd quarter worth $85,000. 6.67% of the stock is currently owned by hedge funds and other institutional investors.

Haleon Trading Up 0.7 %

Shares of Haleon stock opened at $8.46 on Friday. The firm has a market cap of $38.61 billion, a price-to-earnings ratio of 30.20, a price-to-earnings-growth ratio of 2.20 and a beta of 0.29. Haleon plc has a 52-week low of $7.70 and a 52-week high of $8.99. The company’s 50-day simple moving average is $8.32 and its 200-day simple 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.

Haleon Announces Dividend

The firm 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 dividend of $0.1064 per share. This represents a yield of 1.8%. The ex-dividend date is Thursday, March 14th. Haleon’s payout ratio is 75.00%.

Wall Street Analyst Weigh In

HLN has been the topic of a number of research reports. 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 stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy”.

Haleon Company 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.