17,501 Shares in Relx Plc (NYSE:RELX) Acquired by Choreo LLC

Choreo LLC acquired a new stake in shares of Relx Plc (NYSE:RELX) in the second quarter, according to its most recent disclosure with the SEC. The firm acquired 17,501 shares of the technology company’s stock, valued at approximately $793,000.

Other institutional investors and hedge funds have also recently modified their holdings of the company. LVW Advisors LLC grew its stake in Relx by 1.7% during the second quarter. LVW Advisors LLC now owns 15,189 shares of the technology company’s stock valued at $697,000 after acquiring an additional 248 shares in the last quarter. Sequoia Financial Advisors LLC increased its holdings in shares of Relx by 2.1% in the first quarter. Sequoia Financial Advisors LLC now owns 12,707 shares of the technology company’s stock worth $550,000 after purchasing an additional 260 shares during the last quarter. Traveka Wealth LLC lifted its position in shares of Relx by 4.5% in the second quarter. Traveka Wealth LLC now owns 6,115 shares of the technology company’s stock worth $281,000 after buying an additional 264 shares in the last quarter. Dorsey & Whitney Trust CO LLC boosted its stake in Relx by 2.0% during the fourth quarter. Dorsey & Whitney Trust CO LLC now owns 14,697 shares of the technology company’s stock valued at $583,000 after buying an additional 287 shares during the last quarter. Finally, Commonwealth Equity Services LLC grew its holdings in Relx by 2.0% during the 2nd quarter. Commonwealth Equity Services LLC now owns 16,145 shares of the technology company’s stock valued at $741,000 after buying an additional 316 shares in the last quarter. Institutional investors own 15.02% of the company’s stock.

Relx Price Performance

Shares of NYSE:RELX opened at $47.72 on Friday. The firm has a fifty day simple moving average of $46.05 and a two-hundred day simple moving average of $44.44. The company has a debt-to-equity ratio of 1.51, a current ratio of 0.52 and a quick ratio of 0.47. Relx Plc has a 52 week low of $33.13 and a 52 week high of $48.01.

Relx Cuts Dividend

The business also recently declared a Semi-Annual dividend, which was paid on Tuesday, September 10th. Investors of record on Friday, August 2nd were given a $0.234 dividend. The ex-dividend date of this dividend was Friday, August 2nd. This represents a yield of 1.6%.

Analysts Set New Price Targets

Separately, StockNews.com downgraded Relx from a “buy” rating to a “hold” rating in a research report on Saturday, August 31st.

Relx Profile

RELX PLC, together with its subsidiaries, provides information-based analytics and decision tools for professional and business customers in North America, Europe, and internationally. It operates through four segments: Risk; Scientific, Technical & Medical; Legal; and Exhibitions. The Risk segment offers information-based analytics and decision tools that combine public and industry specific content with technology and algorithms to assist clients in evaluating and predicting risk.