ClearBridge Investments LLC has recently announced that it has increased stake in Haleon plc ADR (NYSE:HLN) by 2.20%. After grabbing 25.97 million shares, the institutional investor is now in possession of 0.56 million shares of the Healthcare Company. The new investment brought the stake of investor firm to 0.56% having worth around $222.3 million. Moreover, Fidelity Management & Research Co increased its share by 5.82 million to have a control over 23.77 million shares. And Harding Loevner LP raised its holdings to 9.22 million shares by acquiring 22.48 million shares or 0.49% of the stake.
Haleon plc ADR (HLN) concluded trading on 12/27/23 at a closing price of $8.28, with 3.27 million shares of worth about $27.07 million changed hands on the day. Half year performance of the stock remained positive as price took a surge of 1.35% during that period and on Wednesday the price saw a gain of about 0.98%. Currently the company’s common shares owned by public are about 4.62B shares, out of which, 4.62B shares are available for trading.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
Dodge & Cox Stock Fund, Fidelity Series Large Cap Stock F, and Dodge & Cox Balanced Fund are the top 3 mutual funds which are holding stakes in Haleon plc ADR Dodge & Cox Stock Fund is currently holding 77.13 million shares of worth totaling $660.2 million. The company recently came buying 0.44 million shares which brought its stake up to 1.67% of the company’s outstanding shares. Fidelity Series Large Cap Stock F bought 0.7 million shares, after which its hold over company’s outstanding shares expand to 0.23%, leaving 10.67 million shares with the mutual fund that have a worth of about $91.33 million. Dodge & Cox Balanced Fund, after buying 9.07 million shares, have now control over 0.20% of the stake in the company. It holds 0.0 shares of worth $77.63 million.
Haleon plc ADR (NYSE: HLN) started trading at $8.19, below -$0.01 from concluding price of the previous day. However, the stock later moved at a day high price of 8.29, or with a gain of 0.98%. Stock saw a price change of 1.35% in past 5 days and over the past one month there was a price change of -3.94%. Year-to-date (YTD), HLN shares are showing a performance of 3.50% which increased to 3.50% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $7.49 but also hit the highest price of $9.05 during that period. The average intraday trading volume for Haleon plc ADR shares is 5.47 million. The stock is currently trading 0.20% above its 20-day simple moving average (SMA20), while that difference is up 0.78% for SMA50 and it goes to -0.77% lower than SMA200.
ClearBridge Investments LLC acquired 25.97 million shares of Haleon plc ADR having value of about $222.3 million. Data submitted at the U.S SEC by ClearBridge Investments LLC revealed that the firm now holds 0.56 million shares in the company valued at close to $4633678.44, or have control over 2.20% stake in the company. Haleon plc ADR (NYSE: HLN) currently have 4.62B outstanding shares and institutions hold larger chunk of about 8.48% of that. Holding of mutual funds in the company is about 3.54% while other institutional holders and individual stake holders have control over 5.12% and — of the stake respectively.
The stock has a current market capitalization of $38.23B and its 3Y-monthly beta is at 0.28. PE ratio of stock for trailing 12 months is 28.82, while it has posted earnings per share of $0.29 in the same period. It has Quick Ratio of 0.54 while making debt-to-equity ratio of 0.60. Volatility of a stock is a metric used to know how much the price of that stock is under influence and for HLN, volatility over the week remained 1.36% while standing at 1.39% over the month.
Analysts are in expectations that Haleon plc ADR (HLN) stock would likely to be making an EPS of $0.13 in the current quarter, while forecast for next quarter EPS is $0.13 and it is $0.44 for next year. For the current quarter EPS, analysts have given the company a lowest target $0.13 which is $0.13 at the higher side of the target for the same. Stock’s fiscal year EPS is expected to rise by 0.13% while it is estimated to increase by 7.78% in next year.
Analysts at 16 brokerage firms have issued recommendations for the Haleon plc ADR (HLN)’s stock and average of those rates the stock at a “Moderate Buy” and assign it a score of 2.00. Out of those 16 Wall Street analysts, 8 recommended a “Buy” rating, while 5 were in favor recommending the stock as a “Hold” and 1 analyst recommended the stock as “Sell”.
