Dimensional Fund Advisors LP Buys 169,284 Shares of Relx Plc (NYSE:RELX)

Dimensional Fund Advisors LP boosted its position in shares of Relx Plc (NYSE:RELX) by 6.0% during the 2nd quarter, Holdings Channel reports. The institutional investor owned 2,967,642 shares of the technology company’s stock after purchasing an additional 169,284 shares during the quarter. Dimensional Fund Advisors LP’s holdings in Relx were worth $136,155,000 at the end of the most recent quarter.

A number of other hedge funds have also recently bought and sold shares of RELX. O Shaughnessy Asset Management LLC lifted its stake in shares of Relx by 12.0% during the first quarter. O Shaughnessy Asset Management LLC now owns 342,665 shares of the technology company’s stock valued at $14,834,000 after acquiring an additional 36,810 shares during the period. Norden Group LLC acquired a new position in Relx during the 1st quarter valued at about $4,398,000. Atria Investments Inc boosted its stake in shares of Relx by 27.6% in the 1st quarter. Atria Investments Inc now owns 81,038 shares of the technology company’s stock valued at $3,508,000 after purchasing an additional 17,508 shares during the last quarter. Park Avenue Securities LLC boosted its stake in shares of Relx by 59.4% in the 1st quarter. Park Avenue Securities LLC now owns 45,313 shares of the technology company’s stock valued at $1,962,000 after purchasing an additional 16,879 shares during the last quarter. Finally, Captrust Financial Advisors grew its position in shares of Relx by 185.6% during the 1st quarter. Captrust Financial Advisors now owns 669,375 shares of the technology company’s stock worth $28,977,000 after buying an additional 434,963 shares during the period. 15.02% of the stock is currently owned by institutional investors.

Relx Stock Down 0.3 %

Relx stock opened at $47.99 on Friday. The company has a debt-to-equity ratio of 1.51, a quick ratio of 0.47 and a current ratio of 0.52. The business has a 50-day moving average of $46.23 and a 200-day moving average of $44.59. Relx Plc has a 1 year low of $33.13 and a 1 year high of $48.24.

Relx Cuts Dividend

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

Analyst Ratings Changes

Several equities analysts recently weighed in on RELX shares. StockNews.com lowered shares of Relx from a “buy” rating to a “hold” rating in a report on Saturday, August 31st. Citigroup raised Relx to a “strong-buy” rating in a research note on Tuesday, September 17th.

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.