Banco de Sabadell S.A Sells 881 Shares of Relx Plc (NYSE:RELX)

Banco de Sabadell S.A cut its holdings in Relx Plc (NYSE:RELX) by 3.9% in the fourth quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 21,639 shares of the technology company’s stock after selling 881 shares during the quarter. Banco de Sabadell S.A’s holdings in Relx were worth $980,000 at the end of the most recent quarter.

Several other large investors also recently bought and sold shares of RELX. CENTRAL TRUST Co lifted its stake 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 valued at $26,000 after purchasing an additional 529 shares during the last quarter. Versant Capital Management Inc bought a new stake in Relx in the fourth quarter worth $31,000. Sierra Ocean LLC bought a new stake in Relx in the fourth quarter worth $43,000. Private Trust Co. NA boosted its stake in Relx by 119.9% during 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 bought a new position in Relx during the fourth quarter valued at $74,000. Institutional investors own 15.02% of the company’s stock.

Analyst Upgrades and Downgrades

Several research firms have recently issued reports on RELX. StockNews.com lowered shares of Relx from a “buy” rating to a “hold” rating in a report on Tuesday, March 4th. Barclays upgraded Relx from an “equal weight” rating to an “overweight” rating in a research report on Friday, March 14th. Finally, Redburn Atlantic began coverage on Relx in a report on Wednesday, January 8th. They issued a “buy” rating on the stock.

Relx Stock Up 0.1 %

NYSE:RELX opened at $49.96 on Friday. The stock has a fifty day simple moving average of $49.18 and a 200-day simple moving average of $47.70. The company has a current ratio of 0.52, a quick ratio of 0.47 and a debt-to-equity ratio of 1.46. The company has a market cap of $92.72 billion, a price-to-earnings ratio of 26.86, a price-to-earnings-growth ratio of 2.73 and a beta of 0.90. Relx Plc has a twelve month low of $40.25 and a twelve month high of $51.99.

Relx Increases Dividend

The business also recently announced a semi-annual dividend, which will be paid on Wednesday, June 25th. Shareholders of record on Friday, May 9th will be paid a $0.5586 dividend. This is an increase from Relx’s previous semi-annual dividend of $0.23. This represents a yield of 1.6%. The ex-dividend date of this dividend is Friday, May 9th. Relx’s dividend payout ratio is currently 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.