Shares of Relx Plc (NYSE:RELX - Get Free Report) saw unusually-high trading volume on Monday . Approximately 1,734,796 shares changed hands during trading, an increase of 55% from the previous session's volume of 1,115,867 shares.The stock last traded at $41.90 and had previously closed at $41.77.
Analyst Ratings Changes
RELX has been the subject of a number of research analyst reports. StockNews.com upgraded Relx from a "hold" rating to a "buy" rating in a report on Monday, April 8th. Berenberg Bank cut Relx from a "buy" rating to a "hold" rating in a research note on Friday, March 1st.
Get Our Latest Stock Report on Relx
Relx Price Performance
The company has a debt-to-equity ratio of 1.51, a quick ratio of 0.47 and a current ratio of 0.52. The firm's 50-day simple moving average is $42.92 and its 200 day simple moving average is $39.71.
Relx Increases Dividend
The company also recently disclosed a Semi-Annual dividend, which will be paid on Tuesday, June 18th. Shareholders of record on Friday, May 3rd will be given a dividend of $0.526 per share. 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 of this dividend is Thursday, May 2nd.
Institutional Inflows and Outflows
Several institutional investors have recently added to or reduced their stakes in RELX. Cambridge Investment Research Advisors Inc. increased its holdings in shares of Relx by 4.6% during the first quarter. Cambridge Investment Research Advisors Inc. now owns 8,746 shares of the technology company's stock worth $272,000 after buying an additional 386 shares in the last quarter. Private Advisor Group LLC increased its holdings in Relx by 7.3% in the first quarter. Private Advisor Group LLC now owns 8,133 shares of the technology company's stock valued at $253,000 after purchasing an additional 554 shares during the period. Cibc World Market Inc. acquired a new stake in Relx in the first quarter valued at $520,000. Dimensional Fund Advisors LP increased its holdings in Relx by 6.9% in the first quarter. Dimensional Fund Advisors LP now owns 1,859,645 shares of the technology company's stock valued at $57,835,000 after purchasing an additional 120,709 shares during the period. Finally, Sei Investments Co. increased its holdings in Relx by 51.1% in the first quarter. Sei Investments Co. now owns 260,060 shares of the technology company's stock valued at $8,082,000 after purchasing an additional 87,910 shares during the period. 15.02% of the stock is currently owned by institutional investors and hedge funds.
Relx Company Profile
(
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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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