SG Americas Securities LLC Raises Stock Holdings in Relx Plc (NYSE:RELX)

SG Americas Securities LLC grew its stake in Relx Plc (NYSE:RELX) by 0.6% during the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 61,576 shares of the technology company’s stock after acquiring an additional 377 shares during the quarter. SG Americas Securities LLC’s holdings in Relx were worth $2,922,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also made changes to their positions in the stock. Sanctuary Advisors LLC acquired a new stake in Relx in the 2nd quarter worth about $5,016,000. Clearbridge Investments LLC boosted its stake in Relx by 7.2% in the 2nd quarter. Clearbridge Investments LLC now owns 2,260,445 shares of the technology company’s stock worth $103,709,000 after buying an additional 152,154 shares during the last quarter. Cetera Investment Advisers boosted its stake in Relx by 0.6% in the 2nd quarter. Cetera Investment Advisers now owns 61,005 shares of the technology company’s stock worth $2,799,000 after buying an additional 339 shares during the last quarter. NewEdge Advisors LLC raised its holdings in shares of Relx by 143.5% in the 2nd quarter. NewEdge Advisors LLC now owns 30,223 shares of the technology company’s stock worth $1,387,000 after purchasing an additional 17,809 shares during the period. Finally, Creative Planning raised its holdings in shares of Relx by 16.4% in the 2nd quarter. Creative Planning now owns 128,930 shares of the technology company’s stock worth $5,915,000 after purchasing an additional 18,199 shares during the period. 15.02% of the stock is currently owned by hedge funds and other institutional investors.

Relx Trading Down 0.5 %

Shares of NYSE:RELX opened at $46.06 on Tuesday. Relx Plc has a one year low of $33.94 and a one year high of $48.91. The business’s 50-day simple moving average is $46.63 and its 200 day simple moving average is $44.89.

Relx Cuts Dividend

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

Analysts Set New Price Targets

A number of equities analysts have recently commented on the company. Citigroup upgraded Relx to a “strong-buy” rating in a report on Tuesday, September 17th. StockNews.com downgraded Relx from a “buy” rating to a “hold” rating in a report 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.