Relx Plc (NYSE:RELX) Shares Bought by Mercer Global Advisors Inc. ADV

Mercer Global Advisors Inc. ADV grew its holdings in Relx Plc (NYSE:RELX) by 4.8% in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 145,840 shares of the technology company’s stock after acquiring an additional 6,671 shares during the period. Mercer Global Advisors Inc. ADV’s holdings in Relx were worth $6,691,000 as of its most recent filing with the Securities & Exchange Commission.

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

Wall Street Analyst Weigh In

RELX has been the topic of a number of analyst reports. Citigroup upgraded shares of Relx to a “strong-buy” rating in a report on Tuesday. StockNews.com downgraded Relx from a “buy” rating to a “hold” rating in a report on Saturday, August 31st.

Relx Trading Down 0.3 %

RELX stock opened at $47.99 on Friday. The company’s 50 day moving average is $46.23 and its two-hundred day moving average is $44.58. Relx Plc has a twelve month low of $33.13 and a twelve month high of $48.24. 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 Cuts Dividend

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

About Relx

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.