5,061 Shares in Relx Plc (NYSE:RELX) Bought by Linden Thomas Advisory Services LLC

Linden Thomas Advisory Services LLC bought a new position in Relx Plc (NYSE:RELX) during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund bought 5,061 shares of the technology company’s stock, valued at approximately $201,000.

Other hedge funds also recently made changes to their positions in the company. Parkside Financial Bank & Trust increased its position in Relx by 81.1% during the 4th quarter. Parkside Financial Bank & Trust now owns 909 shares of the technology company’s stock valued at $36,000 after purchasing an additional 407 shares during the period. Milestone Investment Advisors LLC purchased a new position in Relx during the 3rd quarter valued at $34,000. FSC Wealth Advisors LLC purchased a new position in Relx during the 4th quarter valued at $42,000. NBC Securities Inc. purchased a new position in Relx during the 3rd quarter valued at $38,000. Finally, Bruce G. Allen Investments LLC purchased a new position in Relx during the 4th quarter valued at $48,000. 15.02% of the stock is owned by hedge funds and other institutional investors.

Relx Price Performance

Shares of Relx stock opened at $41.62 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 company has a 50-day moving average of $42.85 and a 200 day moving average of $40.08. Relx Plc has a 1 year low of $30.10 and a 1 year high of $44.75.

Relx Increases Dividend

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

Wall Street Analyst Weigh In

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

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.