Lindbrook Capital LLC Buys 274 Shares of Relx Plc (NYSE:RELX)

Lindbrook Capital LLC grew its stake in Relx Plc (NYSE:RELX) by 9.4% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 3,194 shares of the technology company’s stock after purchasing an additional 274 shares during the period. Lindbrook Capital LLC’s holdings in Relx were worth $127,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors also recently modified their holdings of the company. Milestone Investment Advisors LLC acquired a new position in shares of Relx in the 3rd quarter worth approximately $34,000. NBC Securities Inc. acquired a new position in shares of Relx in the 3rd quarter worth approximately $38,000. FSC Wealth Advisors LLC acquired a new position in shares of Relx in the 4th quarter worth approximately $42,000. Bruce G. Allen Investments LLC acquired a new position in shares of Relx in the 4th quarter worth approximately $48,000. Finally, Operose Advisors LLC acquired a new position in shares of Relx in the 3rd quarter worth approximately $51,000. 15.02% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

Several research analysts have recently commented on RELX shares. Berenberg Bank downgraded Relx from a “buy” rating to a “hold” rating in a report on Friday, March 1st. StockNews.com downgraded Relx from a “buy” rating to a “hold” rating in a report on Tuesday, April 16th.

Relx Trading Up 1.1 %

NYSE:RELX opened at $42.26 on Wednesday. The stock’s fifty day moving average price is $42.90 and its two-hundred day moving average price is $40.02. Relx Plc has a 52-week low of $30.10 and a 52-week high of $44.75. The company has a quick ratio of 0.47, a current ratio of 0.52 and a debt-to-equity ratio of 1.51.

Relx Increases Dividend

The company also recently disclosed a Semi-Annual dividend, which will be paid on Tuesday, June 18th. Shareholders of record on Friday, May 3rd will be issued a dividend of $0.526 per share. This is an increase from Relx’s previous Semi-Annual dividend of $0.22. The ex-dividend date is Thursday, May 2nd. This represents a yield of 1.7%.

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.