Sanctuary Advisors LLC Has $6.36 Million Stock Position in Relx Plc (NYSE:RELX)

Sanctuary Advisors LLC grew its position in Relx Plc (NYSE:RELX) by 0.2% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 126,349 shares of the technology company’s stock after purchasing an additional 282 shares during the period. Sanctuary Advisors LLC’s holdings in Relx were worth $6,362,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently made changes to their positions in RELX. Creative Planning grew its stake in shares of Relx by 10.3% in the 3rd quarter. Creative Planning now owns 142,224 shares of the technology company’s stock valued at $6,750,000 after buying an additional 13,294 shares in the last quarter. Blue Trust Inc. grew its position in Relx by 192.1% in the third quarter. Blue Trust Inc. now owns 10,694 shares of the technology company’s stock worth $491,000 after acquiring an additional 7,033 shares in the last quarter. Allspring Global Investments Holdings LLC increased its stake in shares of Relx by 3.3% during the 3rd quarter. Allspring Global Investments Holdings LLC now owns 12,874 shares of the technology company’s stock worth $611,000 after purchasing an additional 416 shares during the last quarter. Whittier Trust Co. raised its holdings in shares of Relx by 20.2% during the 3rd quarter. Whittier Trust Co. now owns 24,766 shares of the technology company’s stock valued at $1,175,000 after purchasing an additional 4,159 shares in the last quarter. Finally, Whittier Trust Co. of Nevada Inc. lifted its stake in shares of Relx by 33.9% in the 3rd quarter. Whittier Trust Co. of Nevada Inc. now owns 3,952 shares of the technology company’s stock valued at $188,000 after purchasing an additional 1,000 shares during the last quarter. 15.02% of the stock is owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

Several equities analysts have commented on RELX shares. Redburn Atlantic began coverage on shares of Relx in a research report on Wednesday, January 8th. They set a “buy” rating on the stock. StockNews.com raised Relx from a “hold” rating to a “buy” rating in a report on Friday, February 14th.

Relx Price Performance

Shares of Relx stock opened at $50.50 on Thursday. The company has a debt-to-equity ratio of 1.46, a quick ratio of 0.47 and a current ratio of 0.52. The firm has a fifty day simple moving average of $47.97 and a 200-day simple moving average of $47.22. Relx Plc has a 1-year low of $40.25 and a 1-year high of $51.99.

Relx Increases Dividend

The company also recently announced a semi-annual dividend, which will be paid on Wednesday, June 25th. Shareholders of record on Friday, May 9th will be given a dividend of $0.5586 per share. This is a positive change from Relx’s previous semi-annual dividend of $0.23. The ex-dividend date is Friday, May 9th. This represents a yield of 1.6%.

Relx Profile

RELX Plc engages in provision of information and analytics solutions for professional and business customers across industries. It operates through the following business segments: Scientific, Technical & Medical; Risk & Business Analytics; Legal; and Exhibitions. The Scientific, Technical & Medical segment is a global information analytics business that helps institutions and professionals advance healthcare, open science, and improve performance for the benefit of humanity.