Relx Plc (LON:REL) Insider Acquires £52,632.70 in Stock

Relx Plc (LON:REL) insider Alistair R. Cox purchased 1,630 shares of the stock in a transaction dated Thursday, April 25th. The stock was acquired at an average price of GBX 3,229 ($39.88) per share, for a total transaction of £52,632.70 ($65,010.75).

Relx Trading Down 0.7 %

Shares of REL traded down GBX 24 ($0.30) during mid-day trading on Thursday, reaching GBX 3,281 ($40.53). The company had a trading volume of 7,574,411 shares, compared to its average volume of 3,102,344. The stock has a market cap of £61.35 billion, a price-to-earnings ratio of 3,515.96, a price-to-earnings-growth ratio of 3.63 and a beta of 0.46. The firm has a fifty day simple moving average of GBX 3,386.35 and a 200-day simple moving average of GBX 3,180.33. Relx Plc has a fifty-two week low of GBX 2,414 ($29.82) and a fifty-two week high of GBX 3,531.81 ($43.62). The company has a current ratio of 0.52, a quick ratio of 0.45 and a debt-to-equity ratio of 188.92.

Relx Increases Dividend

The business also recently declared a dividend, which will be paid on Thursday, June 13th. Shareholders of record on Thursday, May 2nd will be issued a GBX 41.80 ($0.52) dividend. This represents a dividend yield of 1.25%. The ex-dividend date of this dividend is Thursday, May 2nd. This is a positive change from Relx’s previous dividend of $17.00. Relx’s dividend payout ratio (DPR) is 6,276.60%.

Analyst Upgrades and Downgrades

A number of brokerages recently issued reports on REL. Berenberg Bank lowered shares of Relx to a “hold” rating and raised their target price for the stock from GBX 3,300 ($40.76) to GBX 3,500 ($43.23) in a research report on Friday, March 29th. JPMorgan Chase & Co. raised their target price on shares of Relx from GBX 3,770 ($46.57) to GBX 4,100 ($50.64) and gave the stock an “overweight” rating in a research report on Friday, February 16th.

About Relx

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.