Natixis Advisors LLC Buys 32,739 Shares of Relx Plc (NYSE:RELX)

Natixis Advisors LLC lifted its stake in shares of Relx Plc (NYSE:RELX) by 2.8% during the 4th quarter, HoldingsChannel reports. The firm owned 1,202,592 shares of the technology company’s stock after acquiring an additional 32,739 shares during the period. Natixis Advisors LLC’s holdings in Relx were worth $54,622,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. CENTRAL TRUST Co grew its holdings in shares of Relx by 1,290.2% during 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 during the 4th quarter worth approximately $31,000. Sierra Ocean LLC bought a new stake in Relx during the 4th quarter worth approximately $43,000. Private Trust Co. NA grew its holdings in Relx by 119.9% during the 3rd quarter. Private Trust Co. NA now owns 1,038 shares of the technology company’s stock worth $49,000 after acquiring an additional 566 shares during the last quarter. Finally, Whipplewood Advisors LLC bought a new stake in Relx during the 4th quarter worth approximately $74,000. 15.02% of the stock is owned by institutional investors.

Relx Stock Up 2.5 %

Relx stock opened at $48.99 on Friday. The company has a quick ratio of 0.47, a current ratio of 0.52 and a debt-to-equity ratio of 1.46. Relx Plc has a 12-month low of $40.25 and a 12-month high of $51.99. The firm’s fifty day moving average is $48.86 and its 200 day moving average is $47.60. The company has a market capitalization of $91.04 billion, a PE ratio of 26.34, a PEG ratio of 2.73 and a beta of 0.90.

Relx Increases Dividend

The business also recently announced a semi-annual dividend, which will be paid on Wednesday, June 25th. Investors of record on Friday, May 9th will be given a dividend of $0.5586 per share. This represents a dividend yield of 1.6%. The ex-dividend date is Friday, May 9th. This is an increase from Relx’s previous semi-annual dividend of $0.23. Relx’s payout ratio is presently 59.68%.

Wall Street Analyst Weigh In

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

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.