Heritage Family Offices LLP Raises Position in Relx Plc (NYSE:RELX)

Heritage Family Offices LLP increased its holdings in Relx Plc (NYSE:RELX) by 2.0% in the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 21,266 shares of the technology company’s stock after purchasing an additional 427 shares during the period. Heritage Family Offices LLP’s holdings in Relx were worth $1,009,000 as of its most recent SEC filing.

Several other institutional investors have also recently added to or reduced their stakes in the business. LVW Advisors LLC boosted its stake in Relx by 1.7% in the 2nd quarter. LVW Advisors LLC now owns 15,189 shares of the technology company’s stock worth $697,000 after buying an additional 248 shares during the last quarter. Sequoia Financial Advisors LLC boosted its position in shares of Relx by 2.1% in the first quarter. Sequoia Financial Advisors LLC now owns 12,707 shares of the technology company’s stock worth $550,000 after acquiring an additional 260 shares during the last quarter. Traveka Wealth LLC grew its holdings in Relx by 4.5% in the second quarter. Traveka Wealth LLC now owns 6,115 shares of the technology company’s stock valued at $281,000 after purchasing an additional 264 shares during the period. Procyon Advisors LLC increased its position in Relx by 4.1% during the third quarter. Procyon Advisors LLC now owns 6,734 shares of the technology company’s stock worth $320,000 after purchasing an additional 265 shares during the last quarter. Finally, Commonwealth Equity Services LLC raised its stake in Relx by 2.0% during the second quarter. Commonwealth Equity Services LLC now owns 16,145 shares of the technology company’s stock worth $741,000 after purchasing an additional 316 shares during the period. 15.02% of the stock is currently owned by institutional investors and hedge funds.

Relx Price Performance

RELX opened at $48.16 on Thursday. Relx Plc has a 1 year low of $33.94 and a 1 year high of $48.91. The firm has a 50 day moving average price of $46.83 and a 200 day moving average price of $45.08.

Relx Cuts Dividend

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

Analyst Upgrades and Downgrades

Several brokerages have recently issued reports on RELX. StockNews.com cut shares of Relx from a “buy” rating to a “hold” rating in a research note on Saturday, August 31st. Citigroup raised Relx to a “strong-buy” rating in a research report on Tuesday, September 17th.

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.