Stevens Capital Management LP Boosts Holdings in Relx PLC (RELX)

Stevens Capital Management LP boosted its holdings in shares of Relx PLC (NYSE:RELX) by 90.8% during the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 30,174 shares of the technology company’s stock after acquiring an additional 14,361 shares during the quarter. Stevens Capital Management LP’s holdings in Relx were worth $647,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also bought and sold shares of the business. We Are One Seven LLC acquired a new position in shares of Relx during the 4th quarter valued at $26,000. Financial Gravity Wealth Inc. acquired a new position in shares of Relx during the 1st quarter valued at $30,000. Financial Gravity Companies Inc. acquired a new position in shares of Relx during the 4th quarter valued at $50,000. Parallel Advisors LLC lifted its position in shares of Relx by 1,003.9% during the 1st quarter. Parallel Advisors LLC now owns 2,826 shares of the technology company’s stock valued at $61,000 after acquiring an additional 2,570 shares during the period. Finally, Moody National Bank Trust Division lifted its position in shares of Relx by 138.4% during the 1st quarter. Moody National Bank Trust Division now owns 3,075 shares of the technology company’s stock valued at $66,000 after acquiring an additional 1,785 shares during the period. 4.32% of the stock is currently owned by hedge funds and other institutional investors.

Shares of Relx stock traded up $0.06 during trading on Friday, reaching $23.04. 2,455 shares of the company traded hands, compared to its average volume of 437,992. The company has a quick ratio of 0.40, a current ratio of 0.44 and a debt-to-equity ratio of 2.11. Relx PLC has a 1-year low of $19.23 and a 1-year high of $23.26. The company has a market capitalization of $23.96 billion, a PE ratio of 20.39, a PEG ratio of 3.27 and a beta of 0.55.



The business also recently announced a semiannual dividend, which will be paid on Friday, June 7th. Investors of record on Friday, May 3rd will be given a dividend of $0.2278 per share. The ex-dividend date of this dividend is Thursday, May 2nd. This represents a dividend yield of 1.96%. Relx’s payout ratio is presently 68.14%.

A number of research firms recently issued reports on RELX. Zacks Investment Research upgraded shares of Relx from a “sell” rating to a “hold” rating in a research report on Thursday, May 2nd. Deutsche Bank downgraded shares of Relx from a “buy” rating to a “hold” rating in a research report on Wednesday, February 13th.

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Relx Company Profile

RELX PLC provides information based-analytics and decision tools for professional and business customers in the United States and internationally. It operates through four segments: Scientific, Technical & Medical; Risk & Business Analytics; and Exhibitions. The Scientific, Technical & Medical segment provides information and analytics to institutions and professionals that enables progress in science, advance healthcare, and performance improvement.

Further Reading: Dividend

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Institutional Ownership by Quarter for Relx (NYSE:RELX)

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