Linden Thomas Advisory Services LLC Makes New Investment in Relx Plc (NYSE:RELX)

Linden Thomas Advisory Services LLC acquired a new position in shares of Relx Plc (NYSE:RELX) in the 4th quarter, Holdings Channel.com reports. The fund acquired 5,061 shares of the technology company’s stock, valued at approximately $201,000.

Several other institutional investors and hedge funds also recently bought and sold shares of the company. Parkside Financial Bank & Trust boosted its stake in Relx by 81.1% during the fourth quarter. Parkside Financial Bank & Trust now owns 909 shares of the technology company’s stock worth $36,000 after buying an additional 407 shares during the period. PDS Planning Inc boosted its stake in Relx by 6.7% during the fourth quarter. PDS Planning Inc now owns 7,209 shares of the technology company’s stock worth $286,000 after buying an additional 454 shares during the period. CWM LLC boosted its stake in Relx by 7.5% during the fourth quarter. CWM LLC now owns 5,517 shares of the technology company’s stock worth $219,000 after buying an additional 383 shares during the period. Signaturefd LLC boosted its stake in Relx by 4.9% during the fourth quarter. Signaturefd LLC now owns 33,163 shares of the technology company’s stock worth $1,315,000 after buying an additional 1,538 shares during the period. Finally, Lindbrook Capital LLC boosted its stake in Relx by 9.4% during the fourth quarter. Lindbrook Capital LLC now owns 3,194 shares of the technology company’s stock worth $127,000 after buying an additional 274 shares during the period. 15.02% of the stock is owned by hedge funds and other institutional investors.

Relx Stock Up 1.2 %

Shares of RELX opened at $41.62 on Friday. Relx Plc has a 12-month low of $30.10 and a 12-month high of $44.75. The company has a debt-to-equity ratio of 1.51, a current ratio of 0.52 and a quick ratio of 0.47. The firm has a fifty day moving average price of $42.85 and a 200-day moving average price of $40.08.

Relx Increases Dividend

The company also recently disclosed a Semi-Annual dividend, which will be paid on Tuesday, June 18th. Investors of record on Friday, May 3rd will be issued a $0.526 dividend. This is an increase from Relx’s previous Semi-Annual dividend of $0.22. This represents a dividend yield of 1.7%. The ex-dividend date of this dividend is Thursday, May 2nd.

Wall Street Analyst Weigh In

A number of analysts have recently issued reports on RELX shares. Berenberg Bank lowered shares of Relx from a “buy” rating to a “hold” rating in a research note on Friday, March 1st. StockNews.com lowered shares of Relx from a “buy” rating to a “hold” rating in a research note on Thursday.

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.