Sapient Capital LLC Buys Shares of 5,818 Relx Plc (NYSE:RELX)

Sapient Capital LLC purchased a new stake in shares of Relx Plc (NYSE:RELX) during the fourth quarter, Holdings Channel reports. The institutional investor purchased 5,818 shares of the technology company’s stock, valued at approximately $231,000.

Several other institutional investors and hedge funds also recently bought and sold shares of RELX. AEGON ASSET MANAGEMENT UK Plc bought a new position in Relx in the 4th quarter worth about $16,120,000. Heritage Wealth Management LLC bought a new position in shares of Relx in the fourth quarter valued at approximately $949,000. Invesco Ltd. grew its stake in Relx by 11.2% during the third quarter. Invesco Ltd. now owns 1,305,950 shares of the technology company’s stock valued at $44,011,000 after acquiring an additional 131,711 shares in the last quarter. Atria Investments Inc increased its holdings in 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 acquiring an additional 5,635 shares during the period. Finally, J.P. Morgan Private Wealth Advisors LLC bought a new stake in Relx during the 3rd quarter worth approximately $1,560,000. 15.02% of the stock is owned by institutional investors.

Relx Trading Up 1.1 %

RELX stock opened at $42.89 on Wednesday. The firm has a 50 day simple moving average of $42.56 and a two-hundred day simple moving average of $40.47. Relx Plc has a one year low of $30.10 and a one year 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.

Relx Increases Dividend

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

Wall Street Analyst Weigh In

A number of research firms have recently commented on RELX. Berenberg Bank lowered shares of Relx from a “buy” rating to a “hold” rating in a research report on Friday, March 1st. StockNews.com lowered Relx from a “buy” rating to a “hold” rating in a research note on Thursday, April 25th.

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.