Sei Investments Co. Has $14.86 Million Stake in Relx Plc (NYSE:RELX)

Sei Investments Co. lifted its stake in shares of Relx Plc (NYSE:RELX - Free Report) by 3.8% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 327,134 shares of the technology company's stock after purchasing an additional 12,034 shares during the quarter. Sei Investments Co.'s holdings in Relx were worth $14,859,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors have also added to or reduced their stakes in the company. CENTRAL TRUST Co grew its holdings 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 worth $26,000 after purchasing an additional 529 shares during the last quarter. Versant Capital Management Inc bought a new stake in Relx during the 4th quarter worth approximately $31,000. Sierra Ocean LLC acquired a new position in Relx in the 4th quarter valued at approximately $43,000. Private Trust Co. NA raised 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 during the last quarter. Finally, Whipplewood Advisors LLC bought a new stake in shares of Relx in the fourth quarter worth $74,000. 15.02% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

Several brokerages recently commented on RELX. The Goldman Sachs Group started coverage on Relx in a report on Wednesday, March 26th. They issued a "buy" rating on the stock. Redburn Atlantic assumed coverage on shares of Relx in a research report on Wednesday, January 8th. They set a "buy" rating for the company. StockNews.com lowered shares of Relx from a "buy" rating to a "hold" rating in a report on Tuesday, March 4th. Finally, Barclays upgraded Relx from an "equal weight" rating to an "overweight" rating in a report on Friday, March 14th. One analyst has rated the stock with a hold rating, three have given a buy rating and one has assigned a strong buy rating to the stock. According to MarketBeat, the company currently has a consensus rating of "Buy".

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Relx Trading Up 0.1 %

Shares of NYSE:RELX traded up $0.05 during mid-day trading on Tuesday, hitting $50.46. The company had a trading volume of 233,474 shares, compared to its average volume of 754,057. The company has a debt-to-equity ratio of 1.46, a current ratio of 0.52 and a quick ratio of 0.47. Relx Plc has a one year low of $40.25 and a one year high of $51.99. The firm has a fifty day moving average price of $49.53 and a 200 day moving average price of $47.84. The company has a market capitalization of $93.65 billion, a PE ratio of 27.15, a price-to-earnings-growth ratio of 2.73 and a beta of 0.90.

Relx Increases Dividend

The business also recently disclosed a semi-annual dividend, which will be paid on Wednesday, June 25th. Stockholders of record on Friday, May 9th will be issued a dividend of $0.5586 per share. The ex-dividend date is Friday, May 9th. This represents a dividend yield of 1.6%. This is a positive change from Relx's previous semi-annual dividend of $0.23. Relx's dividend payout ratio is currently 59.68%.

Relx Company 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.