Timber Creek Capital Management LLC Acquires 474 Shares of Relx Plc (NYSE:RELX)

Timber Creek Capital Management LLC increased its holdings in shares of Relx Plc (NYSE:RELX) by 1.2% in the fourth quarter, HoldingsChannel reports. The firm owned 40,070 shares of the technology company’s stock after buying an additional 474 shares during the period. Timber Creek Capital Management LLC’s holdings in Relx were worth $1,820,000 as of its most recent filing with the SEC.

Other institutional investors also recently made changes to their positions in the company. CENTRAL TRUST Co boosted its holdings in shares of Relx by 1,290.2% during the fourth quarter. CENTRAL TRUST Co now owns 570 shares of the technology company’s stock worth $26,000 after acquiring an additional 529 shares during the period. Versant Capital Management Inc bought a new stake in shares of Relx during the fourth quarter worth approximately $31,000. Sierra Ocean LLC bought a new stake in shares of Relx during the fourth quarter worth approximately $43,000. Private Trust Co. NA boosted its holdings in shares of Relx by 119.9% during the third quarter. Private Trust Co. NA now owns 1,038 shares of the technology company’s stock worth $49,000 after acquiring an additional 566 shares during the period. Finally, Wilmington Savings Fund Society FSB bought a new stake in shares of Relx during the third quarter worth approximately $125,000. Institutional investors own 15.02% of the company’s stock.

Wall Street Analysts Forecast Growth

RELX has been the subject of a number of research analyst reports. StockNews.com upgraded Relx from a “hold” rating to a “buy” rating in a report on Friday, February 14th. Redburn Atlantic began coverage on Relx in a research note on Wednesday, January 8th. They issued a “buy” rating for the company.

Relx Price Performance

Shares of RELX opened at $50.87 on Wednesday. Relx Plc has a one year low of $40.25 and a one year high of $51.99. The company has a debt-to-equity ratio of 1.46, a quick ratio of 0.47 and a current ratio of 0.52. The firm has a 50 day simple moving average of $47.89 and a two-hundred day simple moving average of $47.19.

Relx Increases Dividend

The company also recently disclosed a semi-annual dividend, which will be paid on Wednesday, June 25th. Shareholders of record on Friday, May 9th will be given a dividend of $0.5586 per share. This is an increase from Relx’s previous semi-annual dividend of $0.23. This represents a yield of 1.6%. The ex-dividend date is Friday, May 9th.

Relx Company Profile

RELX Plc engages in provision of information and analytics solutions for professional and business customers across industries. It operates through the following business segments: Scientific, Technical & Medical; Risk & Business Analytics; Legal; and Exhibitions. The Scientific, Technical & Medical segment is a global information analytics business that helps institutions and professionals advance healthcare, open science, and improve performance for the benefit of humanity.