Vestmark Advisory Solutions Inc. Buys 4,061 Shares of Relx Plc (NYSE:RELX)

Vestmark Advisory Solutions Inc. raised its position in Relx Plc (NYSE:RELX) by 10.7% during the fourth quarter, according to its most recent 13F filing with the SEC. The fund owned 41,872 shares of the technology company’s stock after buying an additional 4,061 shares during the period. Vestmark Advisory Solutions Inc.’s holdings in Relx were worth $1,902,000 as of its most recent filing with the SEC.

Several other large investors have also made changes to their positions in the company. Fiera Capital Corp lifted its position in Relx by 20.3% during the 3rd quarter. Fiera Capital Corp now owns 8,227 shares of the technology company’s stock valued at $390,000 after purchasing an additional 1,391 shares during the period. CWA Asset Management Group LLC acquired a new position in shares of Relx in the 3rd quarter valued at $548,000. Lindbrook Capital LLC lifted its stake in shares of Relx by 68.4% in the 3rd quarter. Lindbrook Capital LLC now owns 5,990 shares of the technology company’s stock valued at $284,000 after purchasing an additional 2,434 shares during the period. Axxcess Wealth Management LLC boosted its position in shares of Relx by 5.3% in the 3rd quarter. Axxcess Wealth Management LLC now owns 5,270 shares of the technology company’s stock worth $250,000 after purchasing an additional 266 shares during the last quarter. Finally, Crossmark Global Holdings Inc. grew its stake in shares of Relx by 56.4% during the third quarter. Crossmark Global Holdings Inc. now owns 264,109 shares of the technology company’s stock worth $12,535,000 after purchasing an additional 95,197 shares during the period. Institutional investors and hedge funds own 15.02% of the company’s stock.

Relx Price Performance

RELX opened at $48.08 on Friday. The stock has a market cap of $89.36 billion, a P/E ratio of 25.85, a P/E/G ratio of 2.73 and a beta of 0.90. Relx Plc has a 12 month low of $40.25 and a 12 month high of $51.99. The company has a quick ratio of 0.47, a current ratio of 0.52 and a debt-to-equity ratio of 1.46. The company has a fifty day simple moving average of $48.62 and a 200 day simple moving average of $47.53.

Relx Increases Dividend

The firm also recently declared a semi-annual dividend, which will be paid on Wednesday, June 25th. Shareholders of record on Friday, May 9th will be issued a $0.5586 dividend. This is an increase from Relx’s previous semi-annual dividend of $0.23. This represents a dividend yield of 1.6%. The ex-dividend date of this dividend is Friday, May 9th. Relx’s dividend payout ratio is 59.68%.

Analyst Ratings Changes

Several research firms have weighed in on RELX. Redburn Atlantic initiated coverage on Relx in a research note on Wednesday, January 8th. They issued a “buy” rating on the stock. StockNews.com downgraded shares of Relx from a “buy” rating to a “hold” rating in a research report on Tuesday.

About Relx

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.