PDS Planning Inc Purchases 454 Shares of Relx Plc (NYSE:RELX)

PDS Planning Inc boosted its position in shares of Relx Plc (NYSE:RELX) by 6.7% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 7,209 shares of the technology company’s stock after purchasing an additional 454 shares during the period. PDS Planning Inc’s holdings in Relx were worth $286,000 at the end of the most recent reporting period.

Other large investors have also recently added to or reduced their stakes in the company. AEGON ASSET MANAGEMENT UK Plc acquired a new position in shares of Relx during the 4th quarter worth about $16,120,000. Invesco Ltd. boosted its stake in shares of Relx by 11.2% during the 3rd quarter. Invesco Ltd. now owns 1,305,950 shares of the technology company’s stock worth $44,011,000 after buying an additional 131,711 shares during the last quarter. Atria Investments Inc boosted its stake in shares of Relx by 10.7% during the 3rd quarter. Atria Investments Inc now owns 58,440 shares of the technology company’s stock worth $1,969,000 after buying an additional 5,635 shares during the last quarter. J.P. Morgan Private Wealth Advisors LLC acquired a new position in shares of Relx during the 3rd quarter worth about $1,560,000. Finally, Royal Bank of Canada boosted its stake in shares of Relx by 2.9% during the 3rd quarter. Royal Bank of Canada now owns 1,574,752 shares of the technology company’s stock worth $53,070,000 after buying an additional 43,644 shares during the last quarter. Institutional investors own 15.02% of the company’s stock.

Wall Street Analyst Weigh In

Several equities research analysts recently issued reports on RELX shares. Berenberg Bank downgraded shares of Relx from a “buy” rating to a “hold” rating in a research note on Friday, March 1st. StockNews.com downgraded shares of Relx from a “buy” rating to a “hold” rating in a research note on Tuesday, April 16th.

Relx Trading Up 1.1 %

Shares of Relx stock opened at $42.26 on Wednesday. Relx Plc has a fifty-two week low of $30.10 and a fifty-two week high of $44.75. The company has a debt-to-equity ratio of 1.51, a quick ratio of 0.47 and a current ratio of 0.52. The company’s 50 day moving average price is $42.90 and its two-hundred day moving average price is $40.02.

Relx Increases Dividend

The firm also recently declared a Semi-Annual dividend, which will be paid on Tuesday, June 18th. Stockholders of record on Friday, May 3rd will be issued a dividend of $0.526 per share. This represents a dividend yield of 1.7%. The ex-dividend date is Thursday, May 2nd. This is a positive change from Relx’s previous Semi-Annual dividend of $0.22.

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.