Blue Trust Inc. Sells 5,987 Shares of Relx Plc (NYSE:RELX)

Blue Trust Inc. lowered its holdings in Relx Plc (NYSE:RELX - Free Report) by 56.0% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 4,707 shares of the technology company's stock after selling 5,987 shares during the period. Blue Trust Inc.'s holdings in Relx were worth $214,000 at the end of the most recent reporting period.

Several other hedge funds also recently made changes to their positions in the business. CENTRAL TRUST Co boosted its holdings in shares of Relx by 1,290.2% in the fourth quarter. CENTRAL TRUST Co now owns 570 shares of the technology company's stock worth $26,000 after buying an additional 529 shares during the period. Versant Capital Management Inc acquired a new position in shares of Relx in the fourth quarter worth about $31,000. Private Trust Co. NA boosted its holdings in shares of Relx by 119.9% in the third quarter. Private Trust Co. NA now owns 1,038 shares of the technology company's stock worth $49,000 after buying an additional 566 shares during the period. Wilmington Savings Fund Society FSB acquired a new position in shares of Relx in the third quarter worth about $125,000. Finally, Whittier Trust Co. of Nevada Inc. boosted its holdings in shares of Relx by 33.9% in the third quarter. Whittier Trust Co. of Nevada Inc. now owns 3,952 shares of the technology company's stock worth $188,000 after buying an additional 1,000 shares during the period. Institutional investors and hedge funds own 15.02% of the company's stock.

Relx Trading Down 0.2 %

NYSE RELX traded down $0.12 during trading on Thursday, reaching $50.40. The company's stock had a trading volume of 608,197 shares, compared to its average volume of 578,197. 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 business has a 50-day moving average price of $48.03 and a 200-day moving average price of $47.24. Relx Plc has a 1-year low of $40.25 and a 1-year high of $51.99.

Relx Increases Dividend

The firm also recently announced a semi-annual dividend, which will be paid on Wednesday, June 25th. Shareholders of record on Friday, May 9th will be paid a $0.5586 dividend. The ex-dividend date is Friday, May 9th. This is a boost from Relx's previous semi-annual dividend of $0.23. This represents a yield of 1.6%.

Wall Street Analysts Forecast Growth

Several analysts recently commented on the stock. Redburn Atlantic assumed coverage on shares of Relx in a report on Wednesday, January 8th. They set a "buy" rating for the company. StockNews.com upgraded shares of Relx from a "hold" rating to a "buy" rating in a report on Friday, February 14th.

Relx Profile

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.