Bank of New York Mellon Corp Has $11.29 Million Position in Relx Plc (NYSE:RELX)

Bank of New York Mellon Corp grew its position in Relx Plc (NYSE:RELX - Free Report) by 5.4% during the 4th quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 248,626 shares of the technology company's stock after purchasing an additional 12,841 shares during the period. Bank of New York Mellon Corp's holdings in Relx were worth $11,293,000 as of its most recent filing with the SEC.

Several other large investors have also made changes to their positions in the company. CENTRAL TRUST Co boosted its position 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 in the last quarter. Versant Capital Management Inc bought a new position in shares of Relx in the fourth quarter valued at approximately $31,000. Sierra Ocean LLC acquired a new position in shares of Relx in the 4th quarter worth approximately $43,000. Private Trust Co. NA grew its position in Relx by 119.9% during the 3rd quarter. Private Trust Co. NA now owns 1,038 shares of the technology company's stock worth $49,000 after acquiring an additional 566 shares during the last quarter. Finally, Wilmington Savings Fund Society FSB acquired a new stake in Relx during the 3rd quarter valued at $125,000. Institutional investors own 15.02% of the company's stock.

Analyst Ratings Changes

A number of equities analysts have commented on the company. Redburn Atlantic started coverage on Relx in a research note on Wednesday, January 8th. They issued a "buy" rating on the stock. StockNews.com lowered shares of Relx from a "buy" rating to a "hold" rating in a report on Tuesday, March 4th.

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Relx Price Performance

RELX opened at $47.77 on Friday. The company has a debt-to-equity ratio of 1.46, a current ratio of 0.52 and a quick ratio of 0.47. The stock has a market capitalization of $88.79 billion, a P/E ratio of 25.68, a price-to-earnings-growth ratio of 2.73 and a beta of 0.90. The company's 50 day simple moving average is $48.79 and its 200-day simple moving average is $47.57. Relx Plc has a one year low of $40.25 and a one year high of $51.99.

Relx Increases Dividend

The company also recently announced a semi-annual dividend, which will be paid on Wednesday, June 25th. Stockholders of record on Friday, May 9th will be paid a $0.5586 dividend. This is a boost 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 (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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