Callan Family Office LLC Invests $617,000 in Relx Plc (NYSE:RELX)

Callan Family Office LLC bought a new stake in Relx Plc (NYSE:RELX) in the 4th quarter, Holdings Channel.com reports. The firm bought 13,588 shares of the technology company’s stock, valued at approximately $617,000.

Several other institutional investors and hedge funds have also made changes to their positions in RELX. CENTRAL TRUST Co lifted its holdings in shares of Relx by 1,290.2% in the 4th quarter. CENTRAL TRUST Co now owns 570 shares of the technology company’s stock valued at $26,000 after purchasing an additional 529 shares during the last quarter. Versant Capital Management Inc purchased a new stake in shares of Relx in the 4th quarter valued at about $31,000. Sierra Ocean LLC purchased a new stake in shares of Relx in the 4th quarter valued at about $43,000. Private Trust Co. NA lifted its holdings in shares of Relx by 119.9% in the 3rd quarter. Private Trust Co. NA now owns 1,038 shares of the technology company’s stock valued at $49,000 after purchasing an additional 566 shares during the last quarter. Finally, Whipplewood Advisors LLC purchased a new stake in shares of Relx in the 4th quarter valued at about $74,000. 15.02% of the stock is owned by hedge funds and other institutional investors.

Relx Stock Up 1.8 %

RELX opened at $48.08 on Monday. The business has a 50 day moving average price of $48.62 and a two-hundred day moving average price of $47.55. The company has a quick ratio of 0.47, a current ratio of 0.52 and a debt-to-equity ratio of 1.46. The company has a market cap of $89.36 billion, a PE ratio of 25.85, a P/E/G ratio of 2.73 and a beta of 0.90. Relx Plc has a 52 week low of $40.25 and a 52 week high of $51.99.

Relx Increases Dividend

The business also recently disclosed a semi-annual dividend, which will be paid on Wednesday, June 25th. Shareholders of record on Friday, May 9th will be paid a dividend of $0.5586 per share. The ex-dividend date of this dividend is Friday, May 9th. This is an increase from Relx’s previous semi-annual dividend of $0.23. This represents a yield of 1.6%. Relx’s dividend payout ratio is currently 59.68%.

Analyst Ratings Changes

Several research firms have recently weighed in on RELX. Redburn Atlantic began coverage on Relx in a report on Wednesday, January 8th. They issued a “buy” rating for the company. StockNews.com downgraded Relx from a “buy” rating to a “hold” rating in a research note on Tuesday, March 4th.

Relx Company Profile

RELX Plc engages in provision of information and analytics solutions for professional and business customers across industries. It operates through the following business segments: Scientific, Technical & Medical; Risk & Business Analytics; Legal; and Exhibitions. The Scientific, Technical & Medical segment is a global information analytics business that helps institutions and professionals advance healthcare, open science, and improve performance for the benefit of humanity.