Shares of Relx Plc (NYSE:RELX) have received a consensus rating of “Buy” from the nine analysts that are covering the stock, MarketBeat reports. One equities research analyst has rated the stock with a sell recommendation, two have assigned a hold recommendation and six have assigned a buy recommendation to the company.
RELX has been the topic of a number of recent research reports. ABN Amro raised Relx Plc from a “hold” rating to a “buy” rating in a report on Wednesday, June 14th. BidaskClub downgraded Relx Plc from a “strong-buy” rating to a “buy” rating in a report on Tuesday, June 13th. Zacks Investment Research downgraded Relx Plc from a “buy” rating to a “hold” rating in a report on Wednesday, July 5th. Finally, UBS AG downgraded Relx Plc from a “buy” rating to a “neutral” rating in a report on Monday, May 15th.
Several hedge funds and other institutional investors have recently bought and sold shares of the company. Stifel Financial Corp increased its position in Relx Plc by 0.6% in the second quarter. Stifel Financial Corp now owns 38,090 shares of the technology company’s stock valued at $832,000 after buying an additional 233 shares during the period. Level Four Advisory Services LLC increased its position in Relx Plc by 1.1% in the first quarter. Level Four Advisory Services LLC now owns 24,622 shares of the technology company’s stock valued at $487,000 after buying an additional 271 shares during the period. PNC Financial Services Group Inc. increased its position in Relx Plc by 7.0% in the second quarter. PNC Financial Services Group Inc. now owns 7,523 shares of the technology company’s stock valued at $165,000 after buying an additional 490 shares during the period. World Asset Management Inc increased its position in Relx Plc by 1.0% in the first quarter. World Asset Management Inc now owns 67,775 shares of the technology company’s stock valued at $1,342,000 after buying an additional 668 shares during the period. Finally, Wetherby Asset Management Inc. increased its position in Relx Plc by 3.3% in the second quarter. Wetherby Asset Management Inc. now owns 36,182 shares of the technology company’s stock valued at $793,000 after buying an additional 1,167 shares during the period. 2.20% of the stock is currently owned by hedge funds and other institutional investors.
Relx Plc (NYSE RELX) traded down 0.28% during trading on Tuesday, hitting $21.71. 86,106 shares of the company’s stock traded hands. The company’s 50 day moving average price is $21.80 and its 200 day moving average price is $20.71. Relx Plc has a 52-week low of $16.19 and a 52-week high of $22.36. The company has a market cap of $43.75 billion, a PE ratio of 26.51 and a beta of 0.79.
The business also recently disclosed a None dividend, which will be paid on Wednesday, August 30th. Stockholders of record on Friday, August 4th will be paid a $0.153 dividend. The ex-dividend date of this dividend is Wednesday, August 2nd. This is an increase from Relx Plc’s previous None dividend of $0.14.
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Relx Plc Company Profile
RELX PLC is a holding company, which holds interests in RELX Group plc. RELX Group is a global provider of information and analytics for professional and business customers across industries. The Company operates in four segments: Scientific, Technical & Medical; Risk & Business Analytics; Legal, and Exhibitions.
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