O Shaughnessy Asset Management LLC Acquires 21,040 Shares of Relx Plc (NYSE:RELX)

O Shaughnessy Asset Management LLC increased its holdings in shares of Relx Plc (NYSE:RELX) by 5.4% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 407,376 shares of the technology company’s stock after purchasing an additional 21,040 shares during the period. O Shaughnessy Asset Management LLC’s holdings in Relx were worth $18,503,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also modified their holdings of RELX. CENTRAL TRUST Co boosted its stake in Relx by 1,290.2% in the 4th 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 period. Versant Capital Management Inc bought a new stake in shares of Relx in the fourth quarter valued at about $31,000. Sierra Ocean LLC acquired a new position in shares of Relx during the fourth quarter worth about $43,000. Brown Brothers Harriman & Co. grew its holdings in shares of Relx by 218.5% during the fourth quarter. Brown Brothers Harriman & Co. now owns 965 shares of the technology company’s stock worth $44,000 after buying an additional 662 shares in the last quarter. Finally, Private Trust Co. NA raised its position in Relx by 119.9% in the 3rd quarter. Private Trust Co. NA now owns 1,038 shares of the technology company’s stock valued at $49,000 after buying an additional 566 shares during the last quarter. 15.02% of the stock is currently owned by institutional investors and hedge funds.

Relx Price Performance

Shares of RELX opened at $50.21 on Monday. The company has a current ratio of 0.52, a quick ratio of 0.47 and a debt-to-equity ratio of 1.46. The company’s fifty day simple moving average is $49.48 and its 200 day simple moving average is $47.83. Relx Plc has a 1-year low of $40.25 and a 1-year high of $51.99. The company has a market cap of $93.18 billion, a price-to-earnings ratio of 26.99, a PEG ratio of 2.73 and a beta of 0.90.

Relx Increases Dividend

The firm also recently declared a semi-annual dividend, which will be paid on Wednesday, June 25th. Investors of record on Friday, May 9th will be issued a dividend of $0.5586 per share. The ex-dividend date of this dividend is Friday, May 9th. This represents a yield of 1.6%. This is a boost from Relx’s previous semi-annual dividend of $0.23. Relx’s dividend payout ratio (DPR) is presently 59.68%.

Analyst Ratings Changes

A number of research firms have weighed in on RELX. The Goldman Sachs Group started coverage on Relx in a research report on Wednesday, March 26th. They set a “buy” rating for the company. StockNews.com downgraded shares of Relx from a “buy” rating to a “hold” rating in a research report on Tuesday, March 4th. Redburn Atlantic began coverage on shares of Relx in a research report on Wednesday, January 8th. They set a “buy” rating on the stock. 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 issued a buy rating and one has issued a strong buy rating to the company. According to data from MarketBeat.com, the stock currently has a consensus rating of “Buy”.

Relx 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.