Relx Plc (NYSE:RELX) Shares Bought by Outlook Wealth Advisors LLC

Outlook Wealth Advisors LLC raised its holdings in shares of Relx Plc (NYSE:RELX) by 25.5% in the 1st quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 7,275 shares of the technology company’s stock after acquiring an additional 1,480 shares during the quarter. Outlook Wealth Advisors LLC’s holdings in Relx were worth $315,000 as of its most recent filing with the SEC.

Other hedge funds have also made changes to their positions in the company. Lindbrook Capital LLC lifted its position in Relx by 9.4% in the fourth quarter. Lindbrook Capital LLC now owns 3,194 shares of the technology company’s stock valued at $127,000 after acquiring an additional 274 shares during the last quarter. Addison Advisors LLC boosted its position in shares of Relx by 6.7% in the 4th quarter. Addison Advisors LLC now owns 4,438 shares of the technology company’s stock valued at $176,000 after purchasing an additional 277 shares during the period. Dorsey & Whitney Trust CO LLC grew its stake in Relx by 2.0% during the 4th quarter. Dorsey & Whitney Trust CO LLC now owns 14,697 shares of the technology company’s stock worth $583,000 after buying an additional 287 shares during the last quarter. Gradient Investments LLC increased its position in Relx by 2.3% during the third quarter. Gradient Investments LLC now owns 14,327 shares of the technology company’s stock worth $483,000 after buying an additional 316 shares during the period. Finally, Wealth Alliance lifted its stake in Relx by 3.8% in the third quarter. Wealth Alliance now owns 8,777 shares of the technology company’s stock valued at $296,000 after buying an additional 319 shares during the last quarter. Hedge funds and other institutional investors own 15.02% of the company’s stock.

Relx Trading Up 1.2 %

Shares of NYSE:RELX traded up $0.49 during trading on Friday, reaching $41.61. The company had a trading volume of 873,395 shares, compared to its average volume of 1,472,844. Relx Plc has a fifty-two week low of $30.10 and a fifty-two week high of $44.75. The company has a current ratio of 0.52, a quick ratio of 0.47 and a debt-to-equity ratio of 1.51. The stock’s fifty day moving average price is $42.85 and its 200 day moving average price is $40.08.

Relx Increases Dividend

The company also recently disclosed 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 represents a yield of 1.7%. This is a positive change from Relx’s previous Semi-Annual dividend of $0.22. The ex-dividend date is Thursday, May 2nd.

Analyst Ratings Changes

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

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.