Relx Plc (NYSE:RELX) Position Increased by Signaturefd LLC

Signaturefd LLC lifted its holdings in Relx Plc (NYSE:RELX) by 6.2% during the fourth quarter, according to the company in its most recent filing with the SEC. The fund owned 38,564 shares of the technology company’s stock after buying an additional 2,255 shares during the quarter. Signaturefd LLC’s holdings in Relx were worth $1,752,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors have also modified their holdings of RELX. CENTRAL TRUST Co grew its stake in Relx by 1,290.2% during the 4th quarter. CENTRAL TRUST Co now owns 570 shares of the technology company’s stock worth $26,000 after buying an additional 529 shares during the last quarter. Versant Capital Management Inc acquired a new position in shares of Relx during the fourth quarter valued at $31,000. Sierra Ocean LLC bought a new position in shares of Relx during the fourth quarter worth about $43,000. Private Trust Co. NA increased 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 worth $49,000 after acquiring an additional 566 shares during the period. Finally, Whipplewood Advisors LLC bought a new stake in Relx in the 4th quarter valued at about $74,000. 15.02% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

RELX has been the topic of several analyst reports. Redburn Atlantic began coverage on shares of Relx in a research note on Wednesday, January 8th. They issued a “buy” rating on the stock. StockNews.com downgraded Relx from a “buy” rating to a “hold” rating in a research note on Tuesday, March 4th. Finally, Barclays raised Relx from an “equal weight” rating to an “overweight” rating in a research note on Friday.

Relx Trading Up 1.4 %

Relx stock opened at $49.63 on Tuesday. Relx Plc has a 12-month low of $40.25 and a 12-month high of $51.99. The company has a debt-to-equity ratio of 1.46, a current ratio of 0.52 and a quick ratio of 0.47. The stock has a market capitalization of $92.23 billion, a PE ratio of 26.68, a price-to-earnings-growth ratio of 2.73 and a beta of 0.90. The firm has a 50 day simple moving average of $48.94 and a 200-day simple moving average of $47.62.

Relx Increases Dividend

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

Relx 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.