Dimensional Fund Advisors LP Has $136.16 Million Stock Holdings in Relx Plc (NYSE:RELX)

Dimensional Fund Advisors LP lifted its holdings in shares of Relx Plc (NYSE:RELX) by 6.0% in the second quarter, according to its most recent filing with the SEC. The firm owned 2,967,642 shares of the technology company’s stock after acquiring an additional 169,284 shares during the period. Dimensional Fund Advisors LP owned approximately 0.16% of Relx worth $136,155,000 as of its most recent filing with the SEC.

Several other institutional investors have also made changes to their positions in the business. Capital International Investors boosted its holdings in Relx by 22.6% during the first quarter. Capital International Investors now owns 8,813,337 shares of the technology company’s stock valued at $381,529,000 after purchasing an additional 1,623,705 shares in the last quarter. Optiver Holding B.V. acquired a new stake in Relx in the 4th quarter valued at $21,983,000. Captrust Financial Advisors boosted its stake in Relx by 185.6% in the 1st quarter. Captrust Financial Advisors now owns 669,375 shares of the technology company’s stock valued at $28,977,000 after buying an additional 434,963 shares in the last quarter. Goldman Sachs Group Inc. grew its position in Relx by 13.5% in the fourth quarter. Goldman Sachs Group Inc. now owns 3,349,527 shares of the technology company’s stock valued at $132,842,000 after acquiring an additional 399,101 shares during the period. Finally, Norges Bank acquired a new position in Relx during the fourth quarter worth $12,255,000. 15.02% of the stock is currently owned by institutional investors and hedge funds.

Relx Trading Down 0.3 %

Shares of RELX opened at $47.99 on Friday. The company has a current ratio of 0.52, a quick ratio of 0.47 and a debt-to-equity ratio of 1.51. The stock has a fifty day moving average price of $46.23 and a two-hundred day moving average price of $44.59. Relx Plc has a 52-week low of $33.13 and a 52-week high of $48.24.

Relx Cuts Dividend

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

Analyst Upgrades and Downgrades

Several equities research analysts have recently commented on RELX shares. Citigroup upgraded shares of Relx to a “strong-buy” rating in a research note on Tuesday, September 17th. StockNews.com cut shares of Relx from a “buy” rating to a “hold” rating in a research note on Saturday, August 31st.

About Relx

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.