Relx Plc (NYSE:RELX) Shares Acquired by Zions Bancorporation N.A.

Zions Bancorporation N.A. grew its holdings in shares of Relx Plc (NYSE:RELX) by 69.0% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 69,710 shares of the technology company’s stock after purchasing an additional 28,454 shares during the period. Zions Bancorporation N.A.’s holdings in Relx were worth $3,166,000 at the end of the most recent quarter.

A number of other institutional investors have also recently made changes to their positions in RELX. CENTRAL TRUST Co raised its stake in Relx by 1,290.2% in the fourth quarter. CENTRAL TRUST Co now owns 570 shares of the technology company’s stock valued at $26,000 after buying an additional 529 shares during the last quarter. Versant Capital Management Inc acquired a new position in shares of Relx during the fourth quarter valued at about $31,000. Sierra Ocean LLC purchased a new position in shares of Relx in the 4th quarter valued at approximately $43,000. Private Trust Co. NA raised its position in shares of Relx by 119.9% in the 3rd quarter. Private Trust Co. NA now owns 1,038 shares of the technology company’s stock valued at $49,000 after purchasing an additional 566 shares during the last quarter. Finally, Whipplewood Advisors LLC acquired a new stake in Relx in the 4th quarter worth approximately $74,000. Institutional investors and hedge funds own 15.02% of the company’s stock.

Analysts Set New Price Targets

RELX has been the topic of a number of recent analyst reports. StockNews.com lowered shares of Relx from a “buy” rating to a “hold” rating in a research note on Tuesday, March 4th. Redburn Atlantic began coverage on Relx in a research report on Wednesday, January 8th. They issued a “buy” rating on the stock. Finally, Barclays raised Relx from an “equal weight” rating to an “overweight” rating in a research report on Friday, March 14th.

Relx Price Performance

Shares of NYSE:RELX opened at $49.81 on Tuesday. Relx Plc has a twelve month low of $40.25 and a twelve month high of $51.99. The company has a current ratio of 0.52, a quick ratio of 0.47 and a debt-to-equity ratio of 1.46. The company has a market cap of $92.45 billion, a PE ratio of 26.78, a price-to-earnings-growth ratio of 2.73 and a beta of 0.90. The company’s 50 day moving average is $49.26 and its 200 day moving average is $47.73.

Relx Increases Dividend

The firm also recently disclosed a semi-annual dividend, which will be paid on Wednesday, June 25th. Stockholders 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 is Friday, May 9th. Relx’s dividend payout ratio is 59.68%.

Relx Profile

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.