Relx Plc (NYSE:RELX) Shares Purchased by Kestra Private Wealth Services LLC

Kestra Private Wealth Services LLC raised its holdings in shares of Relx Plc (NYSE:RELX) by 10.9% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 11,207 shares of the technology company’s stock after buying an additional 1,097 shares during the period. Kestra Private Wealth Services LLC’s holdings in Relx were worth $444,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of RELX. Milestone Investment Advisors LLC acquired a new position in Relx during the third quarter valued at approximately $34,000. Parkside Financial Bank & Trust lifted its position in Relx by 81.1% during the fourth quarter. Parkside Financial Bank & Trust now owns 909 shares of the technology company’s stock valued at $36,000 after buying an additional 407 shares in the last quarter. NBC Securities Inc. purchased a new stake in shares of Relx during the third quarter valued at approximately $38,000. FSC Wealth Advisors LLC purchased a new stake in shares of Relx during the fourth quarter valued at approximately $42,000. Finally, Bruce G. Allen Investments LLC purchased a new stake in shares of Relx during the fourth quarter valued at approximately $48,000. 15.02% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

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

Relx Stock Up 0.6 %

RELX opened at $42.42 on Tuesday. The firm’s fifty day moving average price is $42.58 and its 200 day moving average price is $40.41. The company has a quick ratio of 0.47, a current ratio of 0.52 and a debt-to-equity ratio of 1.51. Relx Plc has a 12-month low of $30.10 and a 12-month high of $44.75.

Relx Increases Dividend

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

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.