Wealth Alliance Raises Holdings in Relx Plc (NYSE:RELX)

Wealth Alliance increased its position in Relx Plc (NYSE:RELX) by 4.9% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 10,430 shares of the technology company’s stock after buying an additional 491 shares during the quarter. Wealth Alliance’s holdings in Relx were worth $474,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors have also made changes to their positions in the company. CENTRAL TRUST Co raised its position in shares of Relx by 1,290.2% in the 4th quarter. CENTRAL TRUST Co now owns 570 shares of the technology company’s stock worth $26,000 after buying an additional 529 shares during the period. Versant Capital Management Inc purchased a new position in Relx in the fourth quarter valued at about $31,000. Sierra Ocean LLC purchased a new position in Relx in the fourth quarter valued at about $43,000. Private Trust Co. NA raised its position in Relx by 119.9% in the third quarter. Private Trust Co. NA now owns 1,038 shares of the technology company’s stock valued at $49,000 after purchasing an additional 566 shares during the period. Finally, Wilmington Savings Fund Society FSB purchased a new position in Relx in the third quarter valued at about $125,000. 15.02% of the stock is owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

RELX has been the topic of several research reports. Redburn Atlantic initiated coverage on Relx in a research report on Wednesday, January 8th. They issued a “buy” rating on the stock. StockNews.com lowered Relx from a “buy” rating to a “hold” rating in a research report on Saturday.

Relx Price Performance

NYSE:RELX opened at $49.29 on Friday. Relx Plc has a 12 month low of $40.25 and a 12 month high of $51.99. The company has a debt-to-equity ratio of 1.46, a current ratio of 0.52 and a quick ratio of 0.47. The business’s 50-day moving average is $48.09 and its two-hundred day moving average is $47.27.

Relx Increases Dividend

The firm also recently announced a semi-annual dividend, which will be paid on Wednesday, June 25th. Stockholders of record on Friday, May 9th will be given a dividend of $0.5586 per share. This represents a dividend yield of 1.6%. This is a positive change from Relx’s previous semi-annual dividend of $0.23. The ex-dividend date is Friday, May 9th.

Relx Profile

RELX Plc engages in provision of information and analytics solutions for professional and business customers across industries. It operates through the following business segments: Scientific, Technical & Medical; Risk & Business Analytics; Legal; and Exhibitions. The Scientific, Technical & Medical segment is a global information analytics business that helps institutions and professionals advance healthcare, open science, and improve performance for the benefit of humanity.