Blue Barn Wealth LLC Buys Shares of 4,704 Relx Plc (NYSE:RELX)

Blue Barn Wealth LLC bought a new stake in Relx Plc (NYSE:RELX) in the 2nd quarter, according to its most recent disclosure with the SEC. The fund bought 4,704 shares of the technology company’s stock, valued at approximately $216,000.

Several other institutional investors also recently bought and sold shares of RELX. Capital International Investors grew its position in shares of Relx by 22.6% during the first quarter. Capital International Investors now owns 8,813,337 shares of the technology company’s stock worth $381,529,000 after buying an additional 1,623,705 shares in the last quarter. Goldman Sachs Group Inc. grew its position in shares of Relx by 13.5% during the fourth quarter. Goldman Sachs Group Inc. now owns 3,349,527 shares of the technology company’s stock worth $132,842,000 after buying an additional 399,101 shares in the last quarter. Dimensional Fund Advisors LP grew its position in shares of Relx by 3.6% during the fourth quarter. Dimensional Fund Advisors LP now owns 2,694,052 shares of the technology company’s stock worth $106,843,000 after buying an additional 94,052 shares in the last quarter. Captrust Financial Advisors grew its position in shares of Relx by 185.6% during the first quarter. Captrust Financial Advisors now owns 669,375 shares of the technology company’s stock worth $28,977,000 after buying an additional 434,963 shares in the last quarter. Finally, Optiver Holding B.V. acquired a new position in shares of Relx during the fourth quarter worth about $21,983,000. 15.02% of the stock is owned by institutional investors and hedge funds.

Relx Price Performance

Shares of RELX opened at $46.81 on Friday. The stock has a 50 day moving average price of $45.87 and a 200 day moving average price of $44.30. The company has a quick ratio of 0.47, a current ratio of 0.52 and a debt-to-equity ratio of 1.51. Relx Plc has a 52-week low of $33.13 and a 52-week high of $47.42.

Relx Cuts Dividend

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

Analysts Set New Price Targets

Separately, StockNews.com downgraded Relx from a “buy” rating to a “hold” rating in a research report on Saturday, August 31st.

Relx 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.