Natural Investments LLC Acquires Shares of 15,535 Relx Plc (NYSE:RELX)

Natural Investments LLC acquired a new stake in shares of Relx Plc (NYSE:RELX) during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 15,535 shares of the technology company’s stock, valued at approximately $705,000.

Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. CENTRAL TRUST Co raised its position in Relx by 1,290.2% during the fourth quarter. CENTRAL TRUST Co now owns 570 shares of the technology company’s stock valued at $26,000 after purchasing an additional 529 shares during the period. Versant Capital Management Inc purchased a new stake in Relx during the fourth quarter valued at approximately $31,000. Sierra Ocean LLC purchased a new stake in Relx during the fourth quarter valued at approximately $43,000. Private Trust Co. NA raised its holdings in shares of Relx by 119.9% in the third quarter. Private Trust Co. NA now owns 1,038 shares of the technology company’s stock worth $49,000 after buying an additional 566 shares during the period. Finally, Whipplewood Advisors LLC purchased a new stake in shares of Relx in the fourth quarter worth approximately $74,000. 15.02% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Ratings Changes

Several equities research analysts have recently weighed in on RELX shares. StockNews.com downgraded Relx from a “buy” rating to a “hold” rating in a report on Tuesday, March 4th. Redburn Atlantic started coverage on Relx in a report on Wednesday, January 8th. They issued a “buy” rating on the stock.

Relx Trading Down 0.1 %

Shares of NYSE RELX opened at $47.25 on Wednesday. Relx Plc has a fifty-two week low of $40.25 and a fifty-two week high of $51.99. The company has a market cap of $87.82 billion, a price-to-earnings ratio of 25.41, a PEG ratio of 2.73 and a beta of 0.90. The business’s 50 day moving average price is $48.69 and its 200-day moving average price is $47.57. The company has a debt-to-equity ratio of 1.46, a quick ratio of 0.47 and a current ratio of 0.52.

Relx Increases Dividend

The company also recently disclosed a semi-annual dividend, which will be paid on Wednesday, June 25th. Investors of record on Friday, May 9th will be paid a $0.5586 dividend. The ex-dividend date of this dividend is Friday, May 9th. This represents a yield of 1.6%. This is a boost from Relx’s previous semi-annual dividend of $0.23. Relx’s dividend payout ratio is 59.68%.

About Relx

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.