6,487 Shares in Relx Plc (NYSE:RELX) Bought by Ashton Thomas Private Wealth LLC

Ashton Thomas Private Wealth LLC purchased a new position in shares of Relx Plc (NYSE:RELX - Free Report) in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor purchased 6,487 shares of the technology company's stock, valued at approximately $295,000.

A number of other institutional investors have also recently added to or reduced their stakes in the business. CENTRAL TRUST Co grew its stake in shares of Relx by 1,290.2% during the fourth quarter. CENTRAL TRUST Co now owns 570 shares of the technology company's stock valued at $26,000 after acquiring an additional 529 shares in the last quarter. Versant Capital Management Inc acquired a new stake in shares of Relx during the fourth quarter valued at about $31,000. Sierra Ocean LLC acquired a new stake in shares of Relx during the fourth quarter valued at about $43,000. Private Trust Co. NA grew its stake in shares of Relx by 119.9% during the third quarter. Private Trust Co. NA now owns 1,038 shares of the technology company's stock valued at $49,000 after acquiring an additional 566 shares in the last quarter. Finally, Whipplewood Advisors LLC acquired a new stake in shares of Relx during the fourth quarter valued at about $74,000. 15.02% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

Several brokerages have recently weighed in on RELX. StockNews.com downgraded Relx from a "buy" rating to a "hold" rating in a research note on Tuesday, March 4th. Redburn Atlantic initiated coverage on Relx in a research note on Wednesday, January 8th. They issued a "buy" rating for the company.

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Relx Stock Down 0.1 %

NYSE:RELX opened at $47.25 on Wednesday. The company has a market capitalization of $87.82 billion, a price-to-earnings ratio of 25.41, a price-to-earnings-growth ratio of 2.73 and a beta of 0.90. Relx Plc has a one year low of $40.25 and a one year high of $51.99. The stock has a 50-day simple moving average of $48.69 and a 200 day simple moving average of $47.57. The company has a debt-to-equity ratio of 1.46, a quick ratio of 0.47 and a current ratio of 0.52.

Relx Increases Dividend

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

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.

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