Relx Plc (NYSE:RELX) Shares Bought by Vestmark Advisory Solutions Inc.

Vestmark Advisory Solutions Inc. grew its position in Relx Plc (NYSE:RELX) by 72.0% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 25,658 shares of the technology company’s stock after purchasing an additional 10,740 shares during the period. Vestmark Advisory Solutions Inc.’s holdings in Relx were worth $1,018,000 as of its most recent SEC filing.

A number of other institutional investors have also modified their holdings of the company. Lindbrook Capital LLC grew 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. Addison Advisors LLC increased its holdings in Relx by 6.7% in the 4th quarter. Addison Advisors LLC now owns 4,438 shares of the technology company’s stock valued at $176,000 after purchasing an additional 277 shares in the last quarter. Gradient Investments LLC increased its holdings in Relx by 2.3% in the 3rd quarter. Gradient Investments LLC now owns 14,327 shares of the technology company’s stock valued at $483,000 after purchasing an additional 316 shares in the last quarter. Wealth Alliance raised its position in Relx by 3.8% in the third quarter. Wealth Alliance now owns 8,777 shares of the technology company’s stock valued at $296,000 after purchasing an additional 319 shares during the period. Finally, SVB Wealth LLC lifted its stake in shares of Relx by 4.7% during the third quarter. SVB Wealth LLC now owns 7,760 shares of the technology company’s stock worth $262,000 after purchasing an additional 351 shares in the last quarter. Hedge funds and other institutional investors own 15.02% of the company’s stock.

Relx Stock Performance

Shares of NYSE:RELX traded down $0.08 during midday trading on Monday, reaching $42.08. The company had a trading volume of 60,127 shares, compared to its average volume of 1,091,100. Relx Plc has a one year low of $30.10 and a one year high of $44.75. The company has a quick ratio of 0.47, a current ratio of 0.52 and a debt-to-equity ratio of 1.51. The stock’s fifty day moving average price is $42.62 and its 200-day moving average price is $40.36.

Relx Increases Dividend

The company 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 yield of 1.7%. This is an increase from Relx’s previous Semi-Annual dividend of $0.22. The ex-dividend date of this dividend is Thursday, May 2nd.

Analyst Ratings Changes

Several equities research analysts recently commented on RELX shares. StockNews.com downgraded Relx from a “buy” rating to a “hold” rating in a report on Thursday, April 25th. Berenberg Bank cut 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.