Aaron Wealth Advisors LLC Increases Position in Relx Plc (NYSE:RELX)

Aaron Wealth Advisors LLC boosted its stake in shares of Relx Plc (NYSE:RELX) by 18.0% during the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 15,416 shares of the technology company’s stock after purchasing an additional 2,357 shares during the period. Aaron Wealth Advisors LLC’s holdings in Relx were worth $732,000 at the end of the most recent reporting period.

A number of other large investors also recently bought and sold shares of RELX. Capital International Investors raised 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 worth $381,529,000 after purchasing an additional 1,623,705 shares during the period. Captrust Financial Advisors raised 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 worth $28,977,000 after purchasing an additional 434,963 shares during the period. Dimensional Fund Advisors LP increased its position in shares of Relx by 6.0% in the second quarter. Dimensional Fund Advisors LP now owns 2,967,642 shares of the technology company’s stock worth $136,155,000 after acquiring an additional 169,284 shares in the last quarter. Clearbridge Investments LLC increased its position in shares of Relx by 7.2% in the second quarter. Clearbridge Investments LLC now owns 2,260,445 shares of the technology company’s stock worth $103,709,000 after acquiring an additional 152,154 shares in the last quarter. Finally, Sanctuary Advisors LLC acquired a new stake in shares of Relx in the second quarter worth $5,016,000. Hedge funds and other institutional investors own 15.02% of the company’s stock.

Wall Street Analysts Forecast Growth

RELX has been the subject of several recent research reports. StockNews.com lowered shares of Relx from a “buy” rating to a “hold” rating in a research report on Saturday, August 31st. Citigroup raised shares of Relx to a “strong-buy” rating in a research note on Tuesday, September 17th.

Relx Price Performance

Shares of RELX traded down $0.45 during midday trading on Friday, hitting $48.14. The company had a trading volume of 222,470 shares, compared to its average volume of 885,200. The company’s 50 day moving average price is $46.90 and its 200 day moving average price is $45.11. Relx Plc has a 52 week low of $33.94 and a 52 week high of $48.91.

Relx Cuts Dividend

The business also recently announced a Semi-Annual dividend, which was paid on Tuesday, September 10th. Stockholders of record on Friday, August 2nd were given a $0.234 dividend. This represents a dividend yield of 1.6%. The ex-dividend date of this dividend was Friday, August 2nd.

About Relx

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.