Relx PLC (RELX) Shares Bought by Brinker Capital Inc.

Brinker Capital Inc. boosted its position in Relx PLC (NYSE:RELX) by 2.3% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 281,839 shares of the technology company’s stock after acquiring an additional 6,386 shares during the quarter. Brinker Capital Inc.’s holdings in Relx were worth $5,783,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors have also recently modified their holdings of RELX. Capital International Investors raised its position in Relx by 21.1% in the third quarter. Capital International Investors now owns 2,876,400 shares of the technology company’s stock valued at $60,203,000 after purchasing an additional 501,200 shares during the period. Renaissance Technologies LLC raised its position in Relx by 12.1% in the third quarter. Renaissance Technologies LLC now owns 2,298,103 shares of the technology company’s stock valued at $48,099,000 after purchasing an additional 248,175 shares during the period. Morgan Stanley raised its position in Relx by 119.6% in the third quarter. Morgan Stanley now owns 1,580,722 shares of the technology company’s stock valued at $33,085,000 after purchasing an additional 861,045 shares during the period. Capital Guardian Trust Co. raised its position in Relx by 1.7% in the third quarter. Capital Guardian Trust Co. now owns 1,456,659 shares of the technology company’s stock valued at $30,488,000 after purchasing an additional 23,909 shares during the period. Finally, Wells Fargo & Company MN raised its position in Relx by 24.4% in the third quarter. Wells Fargo & Company MN now owns 1,351,271 shares of the technology company’s stock valued at $28,283,000 after purchasing an additional 264,858 shares during the period. Hedge funds and other institutional investors own 4.28% of the company’s stock.

Several research firms have commented on RELX. BNP Paribas raised Relx from an “underperform” rating to an “outperform” rating in a research report on Thursday, December 6th. Deutsche Bank lowered Relx from a “buy” rating to a “hold” rating in a research report on Wednesday, February 13th.

NYSE:RELX opened at $22.18 on Friday. The company has a debt-to-equity ratio of 2.11, a quick ratio of 0.40 and a current ratio of 0.44. Relx PLC has a 12 month low of $19.23 and a 12 month high of $23.26. The stock has a market capitalization of $23.36 billion, a price-to-earnings ratio of 19.63 and a beta of 0.55.

The firm also recently announced a semiannual dividend, which will be paid on Friday, June 7th. Stockholders of record on Friday, May 3rd will be given a dividend of $0.2278 per share. This represents a dividend yield of 1.96%. The ex-dividend date is Thursday, May 2nd. Relx’s payout ratio is 28.32%.

COPYRIGHT VIOLATION WARNING: This news story was originally reported by American Banking News and is owned by of American Banking News. If you are viewing this news story on another site, it was illegally copied and republished in violation of international trademark and copyright laws. The correct version of this news story can be read at https://www.americanbankingnews.com/2019/03/17/relx-plc-relx-shares-bought-by-brinker-capital-inc.html.

Relx Profile

RELX PLC provides information and analytics for professional and business customers in the United States and internationally. It operates through four segments: Scientific, Technical & Medical; Risk & Business Analytics; Legal; and Exhibitions. The Scientific, Technical & Medical segment provides information and analytics to institutions and professionals.

Further Reading: Commodities

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:RELX).

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.



Leave a Reply