Whittier Trust Co. Has $1.63 Million Stock Holdings in Relx Plc (NYSE:RELX)

Whittier Trust Co. boosted its position in shares of Relx Plc (NYSE:RELX) by 44.9% during the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 35,880 shares of the technology company’s stock after acquiring an additional 11,114 shares during the period. Whittier Trust Co.’s holdings in Relx were worth $1,629,000 at the end of the most recent quarter.

Other hedge funds also recently modified their holdings of the company. CENTRAL TRUST Co raised its stake in shares of Relx by 1,290.2% in the fourth quarter. CENTRAL TRUST Co now owns 570 shares of the technology company’s stock valued at $26,000 after purchasing an additional 529 shares in the last quarter. Versant Capital Management Inc bought a new stake in Relx in the 4th quarter valued at $31,000. Sierra Ocean LLC acquired a new position in shares of Relx in the 4th quarter valued at $43,000. Private Trust Co. NA lifted its holdings in shares of Relx by 119.9% during the 3rd quarter. Private Trust Co. NA now owns 1,038 shares of the technology company’s stock worth $49,000 after acquiring an additional 566 shares during the period. Finally, Whipplewood Advisors LLC acquired a new stake in shares of Relx during the 4th quarter valued at about $74,000. Institutional investors own 15.02% of the company’s stock.

Relx Stock Up 0.1 %

RELX opened at $49.96 on Friday. The firm has a market cap of $92.72 billion, a price-to-earnings ratio of 26.86, a PEG ratio of 2.73 and a beta of 0.90. 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’s 50-day simple moving average is $49.18 and its 200-day simple moving average is $47.69. Relx Plc has a twelve month low of $40.25 and a twelve month high of $51.99.

Relx Increases Dividend

The company also recently disclosed a semi-annual dividend, which will be paid on Wednesday, June 25th. Shareholders of record on Friday, May 9th will be paid a dividend of $0.5586 per share. This represents a yield of 1.6%. This is a boost from Relx’s previous semi-annual dividend of $0.23. The ex-dividend date of this dividend is Friday, May 9th. Relx’s dividend payout ratio is currently 59.68%.

Wall Street Analyst Weigh In

Several research analysts recently issued reports on the stock. Redburn Atlantic began coverage on shares of Relx in a research report on Wednesday, January 8th. They issued a “buy” rating for the company. Barclays upgraded Relx from an “equal weight” rating to an “overweight” rating in a research note on Friday, March 14th. Finally, StockNews.com cut Relx from a “buy” rating to a “hold” rating in a report on Tuesday, March 4th.

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.