RELX PLC $RELX Stock Holdings Lifted by Vanguard Personalized Indexing Management LLC

by · The Cerbat Gem

Vanguard Personalized Indexing Management LLC lifted its position in RELX PLC (NYSE:RELX – Free Report) by 16.2% during the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 106,180 shares of the technology company’s stock after acquiring an additional 14,807 shares during the period. Vanguard Personalized Indexing Management LLC’s holdings in RELX were worth $5,770,000 as of its most recent SEC filing.

Several other institutional investors have also made changes to their positions in RELX. Rhumbline Advisers boosted its holdings in shares of RELX by 1.2% during the first quarter. Rhumbline Advisers now owns 34,906 shares of the technology company’s stock worth $1,760,000 after purchasing an additional 411 shares during the period. GAMMA Investing LLC boosted its holdings in shares of RELX by 23.5% during the first quarter. GAMMA Investing LLC now owns 13,471 shares of the technology company’s stock worth $679,000 after purchasing an additional 2,563 shares during the period. Simon Quick Advisors LLC acquired a new stake in shares of RELX during the first quarter worth approximately $241,000. Sowell Financial Services LLC acquired a new stake in shares of RELX during the first quarter worth approximately $200,000. Finally, Adero Partners LLC acquired a new stake in shares of RELX during the first quarter worth approximately $218,000. 15.02% of the stock is currently owned by institutional investors and hedge funds.

RELX Price Performance

NYSE RELX opened at $45.15 on Tuesday. The company has a quick ratio of 0.42, a current ratio of 0.47 and a debt-to-equity ratio of 2.55. The stock has a market capitalization of $82.51 billion, a PE ratio of 24.27, a price-to-earnings-growth ratio of 2.92 and a beta of 0.87. The company has a 50 day moving average price of $47.09 and a two-hundred day moving average price of $50.78. RELX PLC has a 12-month low of $44.19 and a 12-month high of $56.33.

RELX Cuts Dividend

The company also recently disclosed a semi-annual dividend, which was paid on Tuesday, September 16th. Stockholders of record on Friday, August 8th were paid a $0.2634 dividend. This represents a dividend yield of 170.0%. The ex-dividend date was Friday, August 8th. RELX’s payout ratio is presently 28.49%.

Analysts Set New Price Targets

Several research firms recently commented on RELX. Kepler Capital Markets upgraded shares of RELX from a “hold” rating to a “strong-buy” rating in a report on Thursday, September 18th. Morgan Stanley restated an “overweight” rating on shares of RELX in a report on Thursday, September 11th. Wall Street Zen cut shares of RELX from a “buy” rating to a “hold” rating in a report on Friday, September 5th. Weiss Ratings reiterated a “buy (b)” rating on shares of RELX in a research note on Wednesday, October 8th. Finally, Barclays reiterated an “overweight” rating on shares of RELX in a research note on Tuesday, October 7th. One investment analyst has rated the stock with a Strong Buy rating and five have given a Buy rating to the company’s stock. According to data from MarketBeat, the company presently has a consensus rating of “Buy”.

Read Our Latest Stock Report on RELX

RELX Profile

(Free Report)

RELX Plc engages in provision of information and analytics solutions for professional and business customers across industries. It operates through the following business segments: Scientific, Technical & Medical; Risk & Business Analytics; Legal; and Exhibitions. The Scientific, Technical & Medical segment is a global information analytics business that helps institutions and professionals advance healthcare, open science, and improve performance for the benefit of humanity.

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