Shine Investment Advisory Services Inc. bought a new position in RELX PLC (NYSE:RELX) during the second quarter, Holdings Channel reports. The institutional investor bought 4,610 shares of the technology company’s stock, valued at approximately $101,000.

Several other hedge funds and other institutional investors have also recently bought and sold shares of RELX. PNC Financial Services Group Inc. increased its position in RELX PLC by 44.0% in the first quarter. PNC Financial Services Group Inc. now owns 7,033 shares of the technology company’s stock worth $139,000 after buying an additional 2,150 shares during the period. Grove Bank & Trust increased its position in RELX PLC by 45.9% in the second quarter. Grove Bank & Trust now owns 6,990 shares of the technology company’s stock worth $153,000 after buying an additional 2,200 shares during the period. JPMorgan Chase & Co. increased its position in RELX PLC by 647.5% in the first quarter. JPMorgan Chase & Co. now owns 11,466 shares of the technology company’s stock worth $227,000 after buying an additional 9,932 shares during the period. PICTET BANK & TRUST Ltd purchased a new position in RELX PLC during the first quarter worth $227,000. Finally, Credit Suisse AG increased its position in RELX PLC by 11.3% in the first quarter. Credit Suisse AG now owns 11,836 shares of the technology company’s stock worth $235,000 after buying an additional 1,198 shares during the period. Hedge funds and other institutional investors own 2.28% of the company’s stock.

Shares of RELX PLC (NYSE:RELX) opened at 21.95 on Thursday. The stock has a 50 day moving average price of $21.80 and a 200-day moving average price of $20.44. RELX PLC has a 12 month low of $16.19 and a 12 month high of $22.36. The company has a market capitalization of $44.23 billion, a PE ratio of 26.41 and a beta of 0.79.

The firm also recently disclosed a None dividend, which will be paid on Wednesday, August 30th. Investors of record on Friday, August 4th will be issued a dividend of $0.153 per share. This is a positive change from RELX PLC’s previous None dividend of $0.14. The ex-dividend date is Wednesday, August 2nd.

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RELX has been the topic of a number of research analyst reports. ABN Amro upgraded RELX PLC from a “hold” rating to a “buy” rating in a report on Wednesday, June 14th. BidaskClub cut RELX PLC from a “strong-buy” rating to a “buy” rating in a research report on Tuesday, June 13th. Zacks Investment Research raised RELX PLC from a “hold” rating to a “buy” rating and set a $25.00 price target on the stock in a research report on Tuesday, June 27th. Finally, UBS AG cut RELX PLC from a “buy” rating to a “neutral” rating in a research report on Monday, May 15th. One analyst has rated the stock with a sell rating, two have issued a hold rating and six have assigned a buy rating to the company’s stock. The company has an average rating of “Buy” and an average price target of $25.00.

About RELX PLC

RELX PLC is a holding company, which holds interests in RELX Group plc. RELX Group is a global provider of information and analytics for professional and business customers across industries. The Company operates in four segments: Scientific, Technical & Medical; Risk & Business Analytics; Legal, and Exhibitions.

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Institutional Ownership by Quarter for RELX PLC (NYSE:RELX)

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