Syon Capital LLC Purchases 3,790 Shares of Relx Plc (NYSE:RELX)

Syon Capital LLC raised its position in shares of Relx Plc (NYSE:RELX) by 58.9% in the 4th quarter, Holdings Channel reports. The firm owned 10,223 shares of the technology company’s stock after acquiring an additional 3,790 shares during the period. Syon Capital LLC’s holdings in Relx were worth $405,000 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. Milestone Investment Advisors LLC acquired a new position in shares of Relx during the 3rd quarter worth $34,000. Parkside Financial Bank & Trust boosted its stake in Relx by 81.1% in the fourth quarter. Parkside Financial Bank & Trust now owns 909 shares of the technology company’s stock valued at $36,000 after buying an additional 407 shares in the last quarter. NBC Securities Inc. bought a new position in Relx in the third quarter valued at about $38,000. FSC Wealth Advisors LLC acquired a new position in Relx during the fourth quarter worth about $42,000. Finally, Bruce G. Allen Investments LLC bought a new position in shares of Relx in the fourth quarter worth about $48,000. 15.02% of the stock is currently owned by institutional investors.

Relx Price Performance

Shares of RELX stock opened at $41.62 on Friday. The company has a debt-to-equity ratio of 1.51, a current ratio of 0.52 and a quick ratio of 0.47. The business’s 50-day moving average price is $42.85 and its 200-day moving average price is $40.08. Relx Plc has a 12 month low of $30.10 and a 12 month high of $44.75.

Relx Increases Dividend

The firm also recently announced a Semi-Annual dividend, which will be paid on Tuesday, June 18th. Investors of record on Friday, May 3rd will be given a dividend of $0.526 per share. The ex-dividend date is Thursday, May 2nd. This is an increase from Relx’s previous Semi-Annual dividend of $0.22. This represents a yield of 1.7%.

Analyst Ratings Changes

Several equities research analysts recently issued reports on RELX shares. Berenberg Bank lowered shares of Relx from a “buy” rating to a “hold” rating in a report on Friday, March 1st. StockNews.com cut shares of Relx from a “buy” rating to a “hold” rating in a research note on Thursday.

Relx Profile

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.