Relx Plc (NYSE:RELX) Shares Acquired by SG Americas Securities LLC

SG Americas Securities LLC boosted its stake in shares of Relx Plc (NYSE:RELX) by 0.6% in the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 61,576 shares of the technology company’s stock after purchasing an additional 377 shares during the quarter. SG Americas Securities LLC’s holdings in Relx were worth $2,922,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in RELX. O Shaughnessy Asset Management LLC raised its stake in Relx by 12.0% during the 1st quarter. O Shaughnessy Asset Management LLC now owns 342,665 shares of the technology company’s stock valued at $14,834,000 after acquiring an additional 36,810 shares in the last quarter. Norden Group LLC purchased a new position in shares of Relx during the first quarter valued at $4,398,000. Atria Investments Inc grew its stake in Relx by 27.6% in the first quarter. Atria Investments Inc now owns 81,038 shares of the technology company’s stock valued at $3,508,000 after purchasing an additional 17,508 shares in the last quarter. Park Avenue Securities LLC grew its stake in Relx by 59.4% in the first quarter. Park Avenue Securities LLC now owns 45,313 shares of the technology company’s stock valued at $1,962,000 after purchasing an additional 16,879 shares in the last quarter. Finally, Captrust Financial Advisors grew its stake in Relx by 185.6% in the first quarter. Captrust Financial Advisors now owns 669,375 shares of the technology company’s stock valued at $28,977,000 after purchasing an additional 434,963 shares in the last quarter. Institutional investors and hedge funds own 15.02% of the company’s stock.

Wall Street Analysts Forecast Growth

Several analysts have recently issued reports on RELX shares. Citigroup upgraded Relx to a “strong-buy” rating in a research note on Tuesday, September 17th. StockNews.com cut Relx from a “buy” rating to a “hold” rating in a research report on Saturday, August 31st.

Relx Stock Down 0.5 %

Relx stock opened at $46.06 on Tuesday. The business has a 50 day moving average price of $46.63 and a two-hundred day moving average price of $44.89. Relx Plc has a 12 month low of $33.94 and a 12 month high of $48.91.

Relx Cuts Dividend

The business also recently disclosed a Semi-Annual dividend, which was paid on Tuesday, September 10th. Stockholders of record on Friday, August 2nd were paid a $0.234 dividend. The ex-dividend date was Friday, August 2nd. This represents a dividend yield of 1.6%.

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.