Jones Financial Companies Lllp Increases Stock Position in Relx Plc (NYSE:RELX)

Jones Financial Companies Lllp increased its holdings in shares of Relx Plc (NYSE:RELX) by 17.5% during the fourth quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 8,856 shares of the technology company’s stock after purchasing an additional 1,319 shares during the period. Jones Financial Companies Lllp’s holdings in Relx were worth $402,000 as of its most recent SEC filing.

Several other institutional investors also recently bought and sold shares of the business. Private Trust Co. NA grew its position in shares of Relx by 19.2% in the 4th quarter. Private Trust Co. NA now owns 1,237 shares of the technology company’s stock worth $56,000 after buying an additional 199 shares during the last quarter. Venturi Wealth Management LLC grew its holdings in Relx by 0.9% in the third quarter. Venturi Wealth Management LLC now owns 24,164 shares of the technology company’s stock worth $1,147,000 after purchasing an additional 214 shares during the last quarter. Axxcess Wealth Management LLC increased its position in shares of Relx by 5.3% during the third quarter. Axxcess Wealth Management LLC now owns 5,270 shares of the technology company’s stock worth $250,000 after purchasing an additional 266 shares in the last quarter. Peapack Gladstone Financial Corp increased its position in shares of Relx by 5.7% during the third quarter. Peapack Gladstone Financial Corp now owns 4,924 shares of the technology company’s stock worth $234,000 after purchasing an additional 267 shares in the last quarter. Finally, EWA LLC lifted its holdings in shares of Relx by 5.2% during the 3rd quarter. EWA LLC now owns 5,501 shares of the technology company’s stock valued at $253,000 after purchasing an additional 272 shares during the last quarter. 15.02% of the stock is owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

Several brokerages recently weighed in on RELX. StockNews.com downgraded Relx from a “buy” rating to a “hold” rating in a research note on Tuesday, March 4th. Redburn Atlantic assumed coverage on shares of Relx in a report on Wednesday, January 8th. They set a “buy” rating on the stock.

Relx Trading Down 0.1 %

NYSE RELX opened at $47.25 on Wednesday. The stock has a market cap of $87.82 billion, a P/E ratio of 25.41, a P/E/G ratio of 2.73 and a beta of 0.90. The company has a current ratio of 0.52, a quick ratio of 0.47 and a debt-to-equity ratio of 1.46. Relx Plc has a 12-month low of $40.25 and a 12-month high of $51.99. The company has a fifty day simple moving average of $48.69 and a two-hundred day simple moving average of $47.57.

Relx Increases Dividend

The company also recently announced a semi-annual dividend, which will be paid on Wednesday, June 25th. Investors of record on Friday, May 9th will be paid a $0.5586 dividend. This is a positive change from Relx’s previous semi-annual dividend of $0.23. The ex-dividend date is Friday, May 9th. This represents a yield of 1.6%. Relx’s dividend payout ratio (DPR) is 59.68%.

About Relx

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.