Sequoia Financial Advisors LLC Boosts Stock Holdings in Relx Plc (NYSE:RELX)

Sequoia Financial Advisors LLC raised its holdings in Relx Plc (NYSE:RELX) by 15.6% in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 12,447 shares of the technology company’s stock after purchasing an additional 1,676 shares during the period. Sequoia Financial Advisors LLC’s holdings in Relx were worth $494,000 at the end of the most recent reporting period.

Several other large investors have also recently modified their holdings of the business. Gradient Investments LLC increased its stake in shares of Relx by 2.3% in the third quarter. Gradient Investments LLC now owns 14,327 shares of the technology company’s stock worth $483,000 after purchasing an additional 316 shares in the last quarter. Wealth Alliance increased its stake in shares of Relx by 3.8% in the third quarter. Wealth Alliance now owns 8,777 shares of the technology company’s stock worth $296,000 after purchasing an additional 319 shares in the last quarter. SVB Wealth LLC boosted its position in shares of Relx by 4.7% in the third quarter. SVB Wealth LLC now owns 7,760 shares of the technology company’s stock valued at $262,000 after acquiring an additional 351 shares during the period. Snowden Capital Advisors LLC boosted its position in shares of Relx by 2.1% in the first quarter. Snowden Capital Advisors LLC now owns 16,783 shares of the technology company’s stock valued at $544,000 after acquiring an additional 353 shares during the period. Finally, Cambridge Investment Research Advisors Inc. boosted its position in shares of Relx by 4.6% in the first quarter. Cambridge Investment Research Advisors Inc. now owns 8,746 shares of the technology company’s stock valued at $272,000 after acquiring an additional 386 shares during the period. Hedge funds and other institutional investors own 15.02% of the company’s stock.

Analysts Set New Price Targets

RELX has been the subject of a number of analyst reports. 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 shares of Relx from a “buy” rating to a “hold” rating in a research report on Tuesday.

Relx Price Performance

Shares of Relx stock opened at $41.28 on Wednesday. Relx Plc has a 1 year low of $30.10 and a 1 year high of $44.75. 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 simple moving average of $42.92 and a two-hundred day simple moving average of $39.76.

Relx Increases Dividend

The business also recently announced a Semi-Annual dividend, which will be paid on Tuesday, June 18th. Shareholders of record on Friday, May 3rd will be given a dividend of $0.526 per share. 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%.

Relx Company 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.