ClearBridge Investments LLC recently announced the acquisition of new stake in Haleon plc ADR (NYSE:HLN). The institutional investor has increased its shareholding in the Healthcare company by 2.20% to 25.97 million shares with purchase of 0.56 million shares. This fresh investment now brings its stake to 0.56% valued currently at $222.3 million. In addition, Fidelity Management & Research Co raised its holdings by 5.82 million to 23.77 million shares. And Harding Loevner LP has lifted its position by 69.55% or 9.22 million shares – to 22.48 million shares.
Currently, there are 4.62B common shares owned by the public and among those 4.62B shares have been available to trade.
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The top 3 mutual fund holders in Haleon plc ADR are Dodge & Cox Stock Fund, Fidelity Series Large Cap Stock F, and Dodge & Cox Balanced Fund. Dodge & Cox Stock Fund owns 77.13 million shares of the company’s stock, all valued at over $660.2 million. The company bought an additional 0.44 million shares recently to bring their total holdings to about 1.67% of the shares outstanding. Fidelity Series Large Cap Stock F bought 0.7 million shares to see its total holdings expand to 10.67 million shares valued at over $91.33 million and representing 0.23% of the shares outstanding. Dodge & Cox Balanced Fund now owns shares totaling to 0.20% of the shares outstanding.
However, the script later moved the day high at 8.21, up 0.62%. The company’s stock has a 5-day price change of -0.97% and -1.68% over the past three months. HLN shares are trading 2.13% year to date (YTD), with the 12-month market performance up to 7.78% higher. It has a 12-month low price of $7.49 and touched a high of $9.05 over the same period. HLN has an average intraday trading volume of 5.39 million shares. The stock is trading above its simple moving averages at the SMA20, SMA50, and SMA200, as the current price level is off by -1.90%, -0.82%, and -1.97% respectively.
Institutional ownership of Haleon plc ADR (NYSE: HLN) shares accounts for 8.48% of the company’s 4.62B shares outstanding. Mutual fund holders own 3.56%, while other institutional holders and individual stakeholders account for 5.10% and — respectively.
It has a market capitalization of $37.72B and a beta (3y monthly) value of 0.28. The stock’s trailing 12-month PE ratio is 28.44, while the earnings-per-share (ttm) stands at $0.29. Price movements for the stock have been influenced by the stock’s volatility, which stands at 1.56% over the week and 1.34% over the month.
Analysts forecast that Haleon plc ADR (HLN) will achieve an EPS of $Hecla Mining Company for the current quarter, $5.04 for the next quarter and $Stocks for Type. The lowest estimate earnings-per-share for the quarter is $Hyliion Holdings Corp. while analysts give the company a high EPS estimate of $Hilton Worldwide Holdings Inc.. Comparatively, EPS for the current quarter was $Haleon plc a year ago. Earnings per share for the fiscal year are expected to increase by 0.05%, and 7.78% over the next financial year.
