Captrust Financial Advisors Boosts Holdings in Relx Plc (NYSE:RELX)

Captrust Financial Advisors boosted its position in shares of Relx Plc (NYSE:RELX) by 185.6% in the 1st quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 669,375 shares of the technology company’s stock after buying an additional 434,963 shares during the quarter. Captrust Financial Advisors’ holdings in Relx were worth $28,977,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors and hedge funds also recently bought and sold shares of the company. Financial Management Professionals Inc. lifted its position in shares of Relx by 192.9% during the first quarter. Financial Management Professionals Inc. now owns 867 shares of the technology company’s stock worth $38,000 after purchasing an additional 571 shares during the last quarter. Frazier Financial Advisors LLC bought a new stake in shares of Relx during the fourth quarter worth $35,000. Parkside Financial Bank & Trust lifted its position in shares of Relx by 81.1% during the fourth quarter. Parkside Financial Bank & Trust now owns 909 shares of the technology company’s stock worth $36,000 after purchasing an additional 407 shares during the last quarter. Pinnacle Bancorp Inc. lifted its position in shares of Relx by 90.9% during the first quarter. Pinnacle Bancorp Inc. now owns 983 shares of the technology company’s stock worth $43,000 after purchasing an additional 468 shares during the last quarter. Finally, Timber Creek Capital Management LLC bought a new stake in shares of Relx during the first quarter worth $43,000. 15.02% of the stock is owned by hedge funds and other institutional investors.

Relx Trading Up 0.1 %

Shares of RELX stock traded up $0.07 during mid-day trading on Tuesday, hitting $47.09. 542,438 shares of the stock traded hands, compared to its average volume of 928,437. The stock’s fifty day moving average is $45.32 and its two-hundred day moving average is $43.49. Relx Plc has a 52-week low of $31.38 and a 52-week high of $47.40. 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 disclosed a Semi-Annual dividend, which will be paid on Tuesday, September 10th. Stockholders of record on Friday, August 2nd will be issued a dividend of $0.234 per share. The ex-dividend date is Friday, August 2nd. This represents a dividend yield of 1.6%.

Wall Street Analyst Weigh In

Separately, StockNews.com assumed coverage on Relx in a research report on Tuesday, June 25th. They set a “hold” rating for the company.

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.