Haleon PLC Sponsored ADR $HLN Shares Acquired by Country Club Bank

Country Club Bank lifted its position in shares of Haleon PLC Sponsored ADR (NYSE:HLN) by 16.2% in the 2nd quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 15,469 shares of the company’s stock after buying an additional 2,152 shares during the quarter. Country Club Bank’s holdings in Haleon were worth $161,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Hanson & Doremus Investment Management raised its stake in shares of Haleon by 234.1% during the 2nd quarter. Hanson & Doremus Investment Management now owns 2,372 shares of the company’s stock worth $25,000 after buying an additional 1,662 shares during the last quarter. Bartlett & CO. Wealth Management LLC raised its stake in shares of Haleon by 135.9% during the 1st quarter. Bartlett & CO. Wealth Management LLC now owns 2,588 shares of the company’s stock worth $27,000 after buying an additional 1,491 shares during the last quarter. Banque Transatlantique SA acquired a new position in shares of Haleon during the 1st quarter worth $27,000. Opal Wealth Advisors LLC acquired a new position in shares of Haleon during the 1st quarter worth $29,000. Finally, Ransom Advisory Ltd acquired a new position in shares of Haleon during the 1st quarter worth $31,000. Institutional investors and hedge funds own 6.67% of the company’s stock.

Haleon Trading Up 2.6%

NYSE HLN opened at $9.05 on Thursday. Haleon PLC Sponsored ADR has a 12 month low of $8.71 and a 12 month high of $11.42. The company has a 50-day moving average of $9.45 and a 200-day moving average of $10.04. The company has a debt-to-equity ratio of 0.48, a current ratio of 0.87 and a quick ratio of 0.63. The company has a market cap of $40.32 billion, a P/E ratio of 23.21, a P/E/G ratio of 2.61 and a beta of 0.20.

Haleon Increases Dividend

The business also recently disclosed a semi-annual dividend, which was paid on Thursday, September 18th. Stockholders of record on Friday, August 15th were paid a dividend of $0.0555 per share. The ex-dividend date of this dividend was Friday, August 15th. This represents a dividend yield of 190.0%. This is an increase from Haleon’s previous semi-annual dividend of $0.05. Haleon’s dividend payout ratio is currently 28.21%.

Analysts Set New Price Targets

Several research analysts have recently issued reports on the company. Barclays downgraded Haleon from an “overweight” rating to an “equal weight” rating in a research note on Tuesday, September 16th. Wall Street Zen downgraded shares of Haleon from a “buy” rating to a “hold” rating in a research note on Saturday, July 12th. The Goldman Sachs Group raised shares of Haleon from a “neutral” rating to a “buy” rating in a research note on Wednesday, September 10th. Finally, Weiss Ratings reissued a “hold (c)” rating on shares of Haleon in a research note on Wednesday. One analyst has rated the stock with a Strong Buy rating, three have issued a Buy rating and six have given a Hold rating to the company’s stock. Based on data from MarketBeat.com, Haleon presently has an average rating of “Moderate Buy” and a consensus price target of $12.33.

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.