Hancock Whitney Corp Boosts Holdings in Relx Plc (NYSE:RELX)

Hancock Whitney Corp increased its holdings in shares of Relx Plc (NYSE:RELX) by 13.8% in the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 6,371 shares of the technology company’s stock after purchasing an additional 775 shares during the period. Hancock Whitney Corp’s holdings in Relx were worth $276,000 as of its most recent SEC filing.

Other large investors have also recently bought and sold shares of the company. Capital International Investors lifted its stake in shares of Relx by 22.6% in the 1st quarter. Capital International Investors now owns 8,813,337 shares of the technology company’s stock worth $381,529,000 after acquiring an additional 1,623,705 shares during the period. Optiver Holding B.V. purchased a new position in shares of Relx in the 4th quarter valued at about $21,983,000. Captrust Financial Advisors increased its holdings in shares of Relx by 185.6% in the 1st quarter. Captrust Financial Advisors now owns 669,375 shares of the technology company’s stock valued at $28,977,000 after purchasing an additional 434,963 shares in the last quarter. Goldman Sachs Group Inc. increased its holdings in shares of Relx by 13.5% in the 4th quarter. Goldman Sachs Group Inc. now owns 3,349,527 shares of the technology company’s stock valued at $132,842,000 after purchasing an additional 399,101 shares in the last quarter. Finally, Norges Bank purchased a new position in shares of Relx in the 4th quarter valued at about $12,255,000. Institutional investors and hedge funds own 15.02% of the company’s stock.

Wall Street Analysts Forecast Growth

Separately, StockNews.com started coverage on shares of Relx in a report on Tuesday, June 25th. They set a “hold” rating for the company.

Relx Price Performance

Shares of RELX traded down $0.51 on Friday, hitting $45.81. The company’s stock had a trading volume of 430,490 shares, compared to its average volume of 926,571. The firm’s fifty day moving average price is $45.49 and its 200-day moving average price is $43.58. The company has a debt-to-equity ratio of 1.51, a current ratio of 0.52 and a quick ratio of 0.47. Relx Plc has a fifty-two week low of $31.38 and a fifty-two week high of $47.42.

Relx Cuts Dividend

The firm also recently disclosed a Semi-Annual dividend, which will be paid on Tuesday, September 10th. Investors of record on Friday, August 2nd will be given a dividend of $0.234 per share. The ex-dividend date of this dividend is 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.