Relx Plc (LON:REL) Insider Acquires £52,632.70 in Stock

Relx Plc (LON:REL) insider Alistair R. Cox purchased 1,630 shares of the company’s stock in a transaction that occurred on Thursday, April 25th. The shares were purchased at an average price of GBX 3,229 ($39.88) per share, for a total transaction of £52,632.70 ($65,010.75).

Relx Trading Down 0.7 %

LON REL opened at GBX 3,281 ($40.53) on Friday. The company has a quick ratio of 0.45, a current ratio of 0.52 and a debt-to-equity ratio of 188.92. The stock’s 50 day moving average is GBX 3,385.69 and its 200 day moving average is GBX 3,181.03. Relx Plc has a twelve month low of GBX 2,414 ($29.82) and a twelve month high of GBX 3,531.81 ($43.62). The firm has a market capitalization of £61.35 billion, a PE ratio of 3,490.43, a P/E/G ratio of 3.63 and a beta of 0.46.

Relx Increases Dividend

The business also recently announced a dividend, which will be paid on Thursday, June 13th. Shareholders of record on Thursday, May 2nd will be issued a GBX 41.80 ($0.52) dividend. This represents a yield of 1.25%. This is an increase from Relx’s previous dividend of $17.00. The ex-dividend date is Thursday, May 2nd. Relx’s payout ratio is 6,276.60%.

Analyst Ratings Changes

Several research firms recently weighed in on REL. Berenberg Bank lowered Relx to a “hold” rating and lifted their price target for the company from GBX 3,300 ($40.76) to GBX 3,500 ($43.23) in a research report on Friday, March 29th. JPMorgan Chase & Co. lifted their price target on Relx from GBX 3,770 ($46.57) to GBX 4,100 ($50.64) and gave the company an “overweight” rating in a research report on Friday, February 16th.

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.