Hexagon Capital Partners LLC Purchases 1,365 Shares of Relx Plc (NYSE:RELX)

Hexagon Capital Partners LLC raised its holdings in shares of Relx Plc (NYSE:RELX) by 36.4% in the 4th quarter, Holdings Channel reports. The institutional investor owned 5,116 shares of the technology company’s stock after purchasing an additional 1,365 shares during the quarter. Hexagon Capital Partners LLC’s holdings in Relx were worth $203,000 at the end of the most recent quarter.

Other hedge funds have also recently modified their holdings of the company. Lindbrook Capital LLC grew its stake in Relx by 9.4% in the 4th quarter. Lindbrook Capital LLC now owns 3,194 shares of the technology company’s stock worth $127,000 after acquiring an additional 274 shares in the last quarter. Addison Advisors LLC raised its stake in shares of Relx by 6.7% during the 4th quarter. Addison Advisors LLC now owns 4,438 shares of the technology company’s stock worth $176,000 after acquiring an additional 277 shares in the last quarter. Gradient Investments LLC grew its holdings in Relx by 2.3% in the third quarter. Gradient Investments LLC now owns 14,327 shares of the technology company’s stock worth $483,000 after purchasing an additional 316 shares during the last quarter. Wealth Alliance boosted its position in shares of Relx by 3.8% in the 3rd quarter. Wealth Alliance now owns 8,777 shares of the technology company’s stock worth $296,000 after purchasing an additional 319 shares in the last quarter. Finally, SVB Wealth LLC boosted its holdings in Relx by 4.7% in the third quarter. SVB Wealth LLC now owns 7,760 shares of the technology company’s stock worth $262,000 after acquiring an additional 351 shares in the last quarter. Institutional investors own 15.02% of the company’s stock.

Analysts Set New Price Targets

A number of research firms recently commented on RELX. Berenberg Bank cut shares of Relx from a “buy” rating to a “hold” rating in a research note on Friday, March 1st. StockNews.com lowered shares of Relx from a “buy” rating to a “hold” rating in a report on Thursday, April 25th.

Relx Stock Performance

Shares of Relx stock opened at $41.24 on Thursday. The firm has a fifty day moving average price of $42.73 and a 200 day moving average price of $40.23. 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 1 year low of $30.10 and a 1 year high of $44.75.

Relx Increases Dividend

The company also recently declared a Semi-Annual dividend, which will be paid on Tuesday, June 18th. Investors of record on Friday, May 3rd will be issued a dividend of $0.526 per share. The ex-dividend date is Thursday, May 2nd. This is an increase from Relx’s previous Semi-Annual dividend of $0.22. This represents a yield of 1.7%.

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.