Blue Zone Wealth Advisors LLC Purchases 1,444 Shares of Relx Plc (NYSE:RELX)

Blue Zone Wealth Advisors LLC grew its position in Relx Plc (NYSE:RELXFree Report) by 1.4% during the second quarter, Holdings Channel reports. The institutional investor owned 103,096 shares of the technology company’s stock after acquiring an additional 1,444 shares during the quarter. Relx comprises 1.6% of Blue Zone Wealth Advisors LLC’s investment portfolio, making the stock its 24th largest holding. Blue Zone Wealth Advisors LLC’s holdings in Relx were worth $4,730,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently modified their holdings of RELX. Financial Management Professionals Inc. grew its stake 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 buying an additional 571 shares during the last quarter. Frazier Financial Advisors LLC acquired a new stake in Relx in the fourth quarter worth about $35,000. Parkside Financial Bank & Trust grew its stake in shares of Relx by 81.1% during the fourth quarter. Parkside Financial Bank & Trust now owns 909 shares of the technology company’s stock worth $36,000 after acquiring an additional 407 shares during the last quarter. Pinnacle Bancorp Inc. increased its holdings in shares of Relx by 90.9% during the first quarter. Pinnacle Bancorp Inc. now owns 983 shares of the technology company’s stock valued at $43,000 after acquiring an additional 468 shares in the last quarter. Finally, Timber Creek Capital Management LLC purchased a new position in shares of Relx in the 1st quarter valued at approximately $43,000. Hedge funds and other institutional investors own 15.02% of the company’s stock.

Relx Stock Performance

Shares of RELX stock traded up $0.44 during mid-day trading on Friday, reaching $45.09. The stock had a trading volume of 455,021 shares, compared to its average volume of 841,441. Relx Plc has a 1-year low of $31.38 and a 1-year high of $47.42. The firm has a market cap of $84.24 billion, a price-to-earnings ratio of 26.22, a PEG ratio of 2.74 and a beta of 0.89. The company has a current ratio of 0.52, a quick ratio of 0.47 and a debt-to-equity ratio of 1.51. The business’s fifty day moving average is $45.58 and its 200-day moving average is $43.74.

Relx Cuts Dividend

The firm also recently declared a Semi-Annual dividend, which will be paid on Tuesday, September 10th. Investors of record on Friday, August 2nd will be issued a $0.234 dividend. The ex-dividend date of this dividend is Friday, August 2nd. This represents a yield of 1.6%. Relx’s dividend payout ratio (DPR) is presently 27.33%.

Analyst Upgrades and Downgrades

Separately, StockNews.com began coverage on shares of Relx in a research report on Tuesday, August 6th. They set a “hold” rating on the stock.

Get Our Latest Stock Analysis on RELX

Relx Profile

(Free Report)

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.

Featured Articles

Want to see what other hedge funds are holding RELX? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Relx Plc (NYSE:RELXFree Report).

Institutional Ownership by Quarter for Relx (NYSE:RELX)

Receive News & Ratings for Relx Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Relx and related companies with MarketBeat.com's FREE daily email newsletter.