Duff & Phelps Investment Management Co. cut its stake in RELX PLC (NYSE:RELX) by 0.3% during the second quarter, according to its most recent disclosure with the SEC. The firm owned 305,430 shares of the technology company’s stock after selling 891 shares during the period. Duff & Phelps Investment Management Co.’s holdings in RELX PLC were worth $6,686,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Wetherby Asset Management Inc. boosted its position in shares of RELX PLC by 3.3% in the second quarter. Wetherby Asset Management Inc. now owns 36,182 shares of the technology company’s stock valued at $793,000 after buying an additional 1,167 shares in the last quarter. Shine Investment Advisory Services Inc. purchased a new position in shares of RELX PLC during the second quarter valued at $101,000. Eagle Ridge Investment Management boosted its position in shares of RELX PLC by 3.2% in the second quarter. Eagle Ridge Investment Management now owns 182,671 shares of the technology company’s stock valued at $4,000,000 after buying an additional 5,582 shares in the last quarter. Sei Investments Co. boosted its position in shares of RELX PLC by 24.5% in the second quarter. Sei Investments Co. now owns 77,409 shares of the technology company’s stock valued at $1,695,000 after buying an additional 15,216 shares in the last quarter. Finally, Grove Bank & Trust boosted its position in shares of RELX PLC by 45.9% in the second quarter. Grove Bank & Trust now owns 6,990 shares of the technology company’s stock valued at $153,000 after buying an additional 2,200 shares in the last quarter. 2.28% of the stock is owned by institutional investors.

Shares of RELX PLC (NYSE:RELX) opened at 21.72 on Friday. RELX PLC has a one year low of $16.19 and a one year high of $22.36. The stock’s 50 day moving average price is $21.80 and its 200 day moving average price is $20.47. The stock has a market capitalization of $43.77 billion, a P/E ratio of 26.14 and a beta of 0.79.

The firm also recently announced a None dividend, which will be paid on Wednesday, August 30th. Shareholders of record on Friday, August 4th will be paid a $0.153 dividend. This is a boost from RELX PLC’s previous None dividend of $0.14. The ex-dividend date is Wednesday, August 2nd.

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RELX has been the subject of several research reports. BidaskClub cut RELX PLC from a “buy” rating to a “hold” rating in a research note on Wednesday, July 12th. ABN Amro raised RELX PLC from a “hold” rating to a “buy” rating in a research note on Wednesday, June 14th. Zacks Investment Research cut RELX PLC from a “buy” rating to a “hold” rating in a research note on Saturday, June 24th. Finally, UBS AG cut RELX PLC from a “buy” rating to a “neutral” rating in a research note on Monday, May 15th. One analyst has rated the stock with a sell rating, two have issued a hold rating and six have assigned a buy rating to the company. RELX PLC presently has an average rating of “Buy” and a consensus price target of $25.00.

About RELX PLC

RELX PLC is a holding company, which holds interests in RELX Group plc. RELX Group is a global provider of information and analytics for professional and business customers across industries. The Company operates in four segments: Scientific, Technical & Medical; Risk & Business Analytics; Legal, and Exhibitions.

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Institutional Ownership by Quarter for RELX PLC (NYSE:RELX)

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