Sapient Capital LLC Buys Shares of 5,818 Relx Plc (NYSE:RELX)

Sapient Capital LLC bought a new stake in shares of Relx Plc (NYSE:RELX) in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund bought 5,818 shares of the technology company’s stock, valued at approximately $231,000.

A number of other hedge funds have also added to or reduced their stakes in RELX. Tower Research Capital LLC TRC purchased a new position in Relx during the 1st quarter valued at about $26,000. Resurgent Financial Advisors LLC bought a new stake in shares of Relx during the 4th quarter valued at about $27,000. Janiczek Wealth Management LLC boosted 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 valued at $33,000 after acquiring an additional 590 shares during the last quarter. Milestone Investment Advisors LLC bought a new stake in shares of Relx during the 3rd quarter valued at about $34,000. Finally, NBC Securities Inc. bought a new stake in shares of Relx during the 3rd quarter valued at about $38,000. Hedge funds and other institutional investors own 15.02% of the company’s stock.

Analyst Upgrades and Downgrades

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

Relx Trading Down 0.3 %

NYSE:RELX opened at $41.64 on Tuesday. The business has a 50 day moving average of $42.92 and a 200 day moving average of $39.71. Relx Plc has a 1-year low of $30.10 and a 1-year high of $44.75. The company has a debt-to-equity ratio of 1.51, a quick ratio of 0.47 and a current ratio of 0.52.

Relx Increases Dividend

The company also recently announced a Semi-Annual dividend, which will be paid on Tuesday, June 18th. Investors of record on Friday, May 3rd will be given a $0.526 dividend. This is an increase from Relx’s previous Semi-Annual dividend of $0.22. The ex-dividend date is Thursday, May 2nd. This represents a yield of 1.7%.

About Relx

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.