Relx Plc (NYSE:RELX) Stock Position Trimmed by Beverly Hills Private Wealth LLC

Beverly Hills Private Wealth LLC cut its position in Relx Plc (NYSE:RELX) by 3.7% during the 4th quarter, HoldingsChannel reports. The firm owned 7,528 shares of the technology company’s stock after selling 289 shares during the quarter. Beverly Hills Private Wealth LLC’s holdings in Relx were worth $299,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds have also recently bought and sold shares of the company. Tower Research Capital LLC TRC bought a new stake in Relx in the 1st quarter valued at about $26,000. Resurgent Financial Advisors LLC bought a new stake in shares of Relx during the 4th quarter worth about $27,000. Janiczek Wealth Management LLC raised its position in shares of Relx by 147.5% during the 3rd quarter. Janiczek Wealth Management LLC now owns 990 shares of the technology company’s stock worth $33,000 after buying an additional 590 shares in the last quarter. Milestone Investment Advisors LLC bought a new stake in shares of Relx during the 3rd quarter worth about $34,000. Finally, NBC Securities Inc. bought a new stake in shares of Relx during the 3rd quarter worth about $38,000. 15.02% of the stock is currently owned by institutional investors.

Relx Stock Down 0.3 %

RELX stock opened at $41.64 on Tuesday. The company has a debt-to-equity ratio of 1.51, a current ratio of 0.52 and a quick ratio of 0.47. Relx Plc has a 12 month low of $30.10 and a 12 month high of $44.75. The firm has a 50 day moving average of $42.92 and a two-hundred day moving average of $39.71.

Relx Increases Dividend

The firm also recently announced 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 represents a yield of 1.7%. This is an increase from Relx’s previous Semi-Annual dividend of $0.22. The ex-dividend date of this dividend is Thursday, May 2nd.

Analyst Upgrades and Downgrades

A number of research firms have commented on RELX. Berenberg Bank downgraded shares of Relx from a “buy” rating to a “hold” rating in a research report on Friday, March 1st. StockNews.com downgraded shares of Relx from a “buy” rating to a “hold” rating in a research report on Tuesday.

Relx Company 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.