Relx Plc (NYSE:RELX) Position Boosted by Checchi Capital Advisers LLC

Checchi Capital Advisers LLC grew its holdings in shares of Relx Plc (NYSE:RELX) by 2.6% in the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 14,733 shares of the technology company’s stock after purchasing an additional 370 shares during the period. Checchi Capital Advisers LLC’s holdings in Relx were worth $676,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors also recently made changes to their positions in RELX. Capital International Investors lifted its stake in Relx by 22.6% during the first quarter. Capital International Investors now owns 8,813,337 shares of the technology company’s stock valued at $381,529,000 after buying an additional 1,623,705 shares in the last quarter. Optiver Holding B.V. purchased a new stake in Relx during the fourth quarter valued at about $21,983,000. Captrust Financial Advisors lifted its stake in Relx by 185.6% during the first quarter. Captrust Financial Advisors now owns 669,375 shares of the technology company’s stock valued at $28,977,000 after buying an additional 434,963 shares in the last quarter. Goldman Sachs Group Inc. lifted its stake in Relx by 13.5% during the fourth quarter. Goldman Sachs Group Inc. now owns 3,349,527 shares of the technology company’s stock valued at $132,842,000 after buying an additional 399,101 shares in the last quarter. Finally, Norges Bank purchased a new stake in Relx during the fourth quarter valued at about $12,255,000. Institutional investors own 15.02% of the company’s stock.

Relx Trading Up 0.0 %

RELX traded up $0.02 during midday trading on Wednesday, hitting $46.37. 298,040 shares of the company’s stock traded hands, compared to its average volume of 892,397. The stock’s fifty day simple moving average is $45.77 and its 200-day simple moving average is $44.11. The company has a debt-to-equity ratio of 1.51, a current ratio of 0.52 and a quick ratio of 0.47. Relx Plc has a one year low of $32.12 and a one year high of $47.42.

Relx Cuts Dividend

The business also recently declared a Semi-Annual dividend, which will be paid on Tuesday, September 10th. Shareholders of record on Friday, August 2nd will be issued a dividend of $0.234 per share. The ex-dividend date of this dividend is Friday, August 2nd. This represents a yield of 1.6%.

Analyst Upgrades and Downgrades

Separately, StockNews.com raised shares of Relx from a “hold” rating to a “buy” rating in a research report on Friday, August 23rd.

Relx Company Profile

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.