QRG Capital Management Inc. increased its position in Relx Plc (NYSE:RELX - Free Report) by 58.7% in the fourth quarter, according to its most recent 13F filing with the SEC. The firm owned 104,349 shares of the technology company's stock after purchasing an additional 38,579 shares during the period. QRG Capital Management Inc.'s holdings in Relx were worth $4,138,000 at the end of the most recent reporting period.
Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. AEGON ASSET MANAGEMENT UK Plc purchased a new stake in Relx in the 4th quarter worth approximately $16,120,000. Envestnet Asset Management Inc. grew its stake in Relx by 27.5% in the third quarter. Envestnet Asset Management Inc. now owns 1,781,022 shares of the technology company's stock valued at $60,020,000 after purchasing an additional 384,504 shares in the last quarter. FMR LLC increased its position in Relx by 9.0% in the 3rd quarter. FMR LLC now owns 2,349,521 shares of the technology company's stock worth $79,179,000 after purchasing an additional 194,937 shares during the last quarter. Invesco Ltd. raised its stake in shares of Relx by 11.2% during the 3rd quarter. Invesco Ltd. now owns 1,305,950 shares of the technology company's stock worth $44,011,000 after purchasing an additional 131,711 shares in the last quarter. Finally, Beck Bode LLC acquired a new stake in shares of Relx during the 4th quarter valued at about $3,330,000. 15.02% of the stock is currently owned by hedge funds and other institutional investors.
Wall Street Analyst Weigh In
A number of research firms recently commented on RELX. StockNews.com lowered shares of Relx from a "buy" rating to a "hold" rating in a research report on Thursday, April 25th. Berenberg Bank downgraded shares of Relx from a "buy" rating to a "hold" rating in a report on Friday, March 1st.
View Our Latest Stock Analysis on Relx
Relx Stock Performance
RELX stock traded up $0.70 during mid-day trading on Tuesday, reaching $43.51. 588,633 shares of the stock traded hands, compared to its average volume of 1,068,448. The company has a quick ratio of 0.47, a current ratio of 0.52 and a debt-to-equity ratio of 1.51. The business has a 50-day moving average of $42.52 and a two-hundred day moving average of $40.71. Relx Plc has a 52 week low of $30.10 and a 52 week high of $44.75.
Relx Increases Dividend
The firm also recently declared a Semi-Annual dividend, which will be paid on Tuesday, June 18th. Shareholders of record on Friday, May 3rd will be given a $0.526 dividend. This is an increase from Relx's previous Semi-Annual dividend of $0.22. This represents a yield of 1.7%. The ex-dividend date is Thursday, May 2nd.
Relx Profile
(
Free Report)
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.
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