Natixis Advisors LLC Has $54.62 Million Holdings in Relx Plc (NYSE:RELX)

Natixis Advisors LLC lifted its holdings in Relx Plc (NYSE:RELX - Free Report) by 2.8% in the 4th quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 1,202,592 shares of the technology company's stock after purchasing an additional 32,739 shares during the quarter. Natixis Advisors LLC owned 0.06% of Relx worth $54,622,000 as of its most recent filing with the SEC.

A number of other large investors also recently modified their holdings of RELX. Aviso Financial Inc. increased its stake in Relx by 2.7% during the 4th quarter. Aviso Financial Inc. now owns 20,674 shares of the technology company's stock valued at $939,000 after buying an additional 547 shares during the period. Commonwealth Equity Services LLC raised its holdings in Relx by 11.0% during the fourth quarter. Commonwealth Equity Services LLC now owns 17,761 shares of the technology company's stock worth $807,000 after purchasing an additional 1,756 shares in the last quarter. Connor Clark & Lunn Investment Management Ltd. acquired a new stake in Relx in the fourth quarter worth approximately $9,920,000. Farther Finance Advisors LLC boosted its stake in Relx by 10.8% during the 4th quarter. Farther Finance Advisors LLC now owns 22,438 shares of the technology company's stock valued at $1,019,000 after purchasing an additional 2,188 shares in the last quarter. Finally, EverSource Wealth Advisors LLC increased its position in shares of Relx by 83.3% during the 4th quarter. EverSource Wealth Advisors LLC now owns 10,613 shares of the technology company's stock valued at $482,000 after purchasing an additional 4,824 shares during the period. 15.02% of the stock is owned by institutional investors and hedge funds.

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Analysts Set New Price Targets

RELX has been the subject of several recent research reports. Barclays raised shares of Relx from an "equal weight" rating to an "overweight" rating in a research note on Friday, March 14th. Redburn Atlantic started coverage on Relx in a research note on Wednesday, January 8th. They set a "buy" rating for the company. Finally, StockNews.com lowered Relx from a "buy" rating to a "hold" rating in a research report on Tuesday, March 4th.

Relx Trading Up 1.2 %

Shares of Relx stock traded up $0.59 during trading on Thursday, hitting $49.94. The stock had a trading volume of 675,490 shares, compared to its average volume of 614,924. Relx Plc has a 1 year low of $40.25 and a 1 year high of $51.99. The stock has a 50 day simple moving average of $49.04 and a 200 day simple moving average of $47.65. The company has a quick ratio of 0.47, a current ratio of 0.52 and a debt-to-equity ratio of 1.46. The company has a market capitalization of $92.70 billion, a PE ratio of 26.85, a P/E/G ratio of 2.73 and a beta of 0.90.

Relx Increases Dividend

The company also recently disclosed a semi-annual dividend, which will be paid on Wednesday, June 25th. Shareholders of record on Friday, May 9th will be given a dividend of $0.5586 per share. This represents a yield of 1.6%. This is a boost from Relx's previous semi-annual dividend of $0.23. The ex-dividend date of this dividend is Friday, May 9th. Relx's payout ratio is presently 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.