EverSource Wealth Advisors LLC Has $260,000 Stock Position in Relx Plc (NYSE:RELX)

EverSource Wealth Advisors LLC lessened its holdings in shares of Relx Plc (NYSE:RELX) by 13.2% during the second quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 5,503 shares of the technology company’s stock after selling 837 shares during the period. EverSource Wealth Advisors LLC’s holdings in Relx were worth $260,000 as of its most recent filing with the SEC.

Several other institutional investors also recently modified their holdings of RELX. Financial Management Professionals Inc. raised its holdings in Relx by 192.9% during the 1st quarter. Financial Management Professionals Inc. now owns 867 shares of the technology company’s stock worth $38,000 after purchasing an additional 571 shares during the last quarter. Pinnacle Bancorp Inc. raised its stake in Relx by 90.9% during the first quarter. Pinnacle Bancorp Inc. now owns 983 shares of the technology company’s stock worth $43,000 after buying an additional 468 shares during the last quarter. Timber Creek Capital Management LLC acquired a new position in Relx in the first quarter valued at $43,000. Indiana Trust & Investment Management CO bought a new stake in Relx during the second quarter valued at $52,000. Finally, Whittier Trust Co. of Nevada Inc. grew its holdings in Relx by 144.7% during the 1st quarter. Whittier Trust Co. of Nevada Inc. now owns 1,441 shares of the technology company’s stock worth $62,000 after acquiring an additional 852 shares during the period. Institutional investors own 15.02% of the company’s stock.

Analyst Upgrades and Downgrades

A number of research analysts have recently issued reports on RELX shares. StockNews.com downgraded 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 note on Tuesday, September 17th.

Relx Stock Performance

Shares of NYSE RELX opened at $48.37 on Thursday. The firm’s 50-day moving average price is $46.33 and its 200-day moving average price is $44.67. The company has a current ratio of 0.52, a quick ratio of 0.47 and a debt-to-equity ratio of 1.51. Relx Plc has a 1-year low of $33.13 and a 1-year high of $48.91.

Relx Cuts Dividend

The company also recently declared a Semi-Annual dividend, which was paid on Tuesday, September 10th. Shareholders of record on Friday, August 2nd were issued a $0.234 dividend. The ex-dividend date was Friday, August 2nd. This represents a yield of 1.6%.

Relx Company 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.