Blue Trust Inc. Buys 2,135 Shares of Relx Plc (NYSE:RELX)

Blue Trust Inc. increased its stake in shares of Relx Plc (NYSE:RELX) by 139.9% in the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 3,661 shares of the technology company’s stock after buying an additional 2,135 shares during the quarter. Blue Trust Inc.’s holdings in Relx were worth $158,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also bought and sold shares of the stock. International Assets Investment Management LLC bought a new stake in Relx in the fourth quarter worth about $700,000. Allspring Global Investments Holdings LLC lifted its stake in Relx by 49.5% in the fourth quarter. Allspring Global Investments Holdings LLC now owns 3,719 shares of the technology company’s stock valued at $147,000 after purchasing an additional 1,231 shares during the last quarter. SVB Wealth LLC lifted its stake in Relx by 11.9% in the fourth quarter. SVB Wealth LLC now owns 8,681 shares of the technology company’s stock valued at $344,000 after purchasing an additional 921 shares during the last quarter. Lindbrook Capital LLC grew its holdings in Relx by 9.4% during the fourth quarter. Lindbrook Capital LLC now owns 3,194 shares of the technology company’s stock valued at $127,000 after purchasing an additional 274 shares during the period. Finally, Signaturefd LLC increased its position in Relx by 4.9% in the fourth quarter. Signaturefd LLC now owns 33,163 shares of the technology company’s stock worth $1,315,000 after buying an additional 1,538 shares during the last quarter. 15.02% of the stock is owned by hedge funds and other institutional investors.

Relx Stock Up 1.0 %

Shares of NYSE RELX opened at $46.03 on Tuesday. The stock’s 50-day simple moving average is $45.67 and its two-hundred day simple moving average is $43.92. Relx Plc has a twelve month low of $31.41 and a twelve month high of $47.42. The company has a debt-to-equity ratio of 1.51, a quick ratio of 0.47 and a current ratio of 0.52.

Relx Cuts Dividend

The business also recently announced a Semi-Annual dividend, which will be paid on Tuesday, September 10th. Shareholders of record on Friday, August 2nd will be given a dividend of $0.234 per share. The ex-dividend date is Friday, August 2nd. This represents a yield of 1.6%.

Analyst Ratings Changes

Separately, StockNews.com assumed coverage on shares of Relx in a report on Tuesday, August 6th. They set a “hold” rating on the stock.

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.