Arlington Partners LLC Boosts Stake in Relx Plc (NYSE:RELX)

Arlington Partners LLC lifted its stake in Relx Plc (NYSE:RELX - Free Report) by 16.1% during the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 83,890 shares of the technology company's stock after purchasing an additional 11,646 shares during the quarter. Arlington Partners LLC's holdings in Relx were worth $3,981,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds have also recently made changes to their positions in the company. Financial Management Professionals Inc. boosted its position in shares of Relx by 192.9% in the 1st quarter. Financial Management Professionals Inc. now owns 867 shares of the technology company's stock worth $38,000 after purchasing an additional 571 shares in the last quarter. Pinnacle Bancorp Inc. lifted its position in Relx by 90.9% in the 1st quarter. Pinnacle Bancorp Inc. now owns 983 shares of the technology company's stock valued at $43,000 after acquiring an additional 468 shares in the last quarter. Indiana Trust & Investment Management CO bought a new position in Relx in the 2nd quarter valued at approximately $52,000. Whittier Trust Co. of Nevada Inc. lifted its position in Relx by 144.7% in the 1st quarter. Whittier Trust Co. of Nevada Inc. now owns 1,441 shares of the technology company's stock valued at $62,000 after acquiring an additional 852 shares in the last quarter. Finally, Rothschild Investment LLC bought a new position in Relx in the 2nd quarter valued at approximately $72,000. 15.02% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

Several equities analysts recently issued reports on RELX shares. StockNews.com cut Relx from a "buy" rating to a "hold" rating in a research report on Saturday, August 31st. Citigroup raised Relx to a "strong-buy" rating in a research report on Tuesday, September 17th.

Relx Price Performance

Shares of NYSE RELX traded down $0.55 during midday trading on Monday, hitting $47.63. 504,341 shares of the stock traded hands, compared to its average volume of 884,898. The firm has a 50-day moving average of $46.97 and a two-hundred day moving average of $45.19. Relx Plc has a one year low of $33.94 and a one year high of $48.91.

Relx Cuts Dividend

The company also recently declared a Semi-Annual dividend, which was paid on Tuesday, September 10th. Stockholders of record on Friday, August 2nd were issued a dividend of $0.234 per share. The ex-dividend date of this dividend was Friday, August 2nd. This represents a dividend yield of 1.6%.

Relx Profile

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.