Greenleaf Trust Has $369,000 Position in Relx Plc (NYSE:RELX)

Greenleaf Trust raised its position in shares of Relx Plc (NYSE:RELX) by 7.1% during the 1st quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 14,654 shares of the technology company’s stock after purchasing an additional 975 shares during the quarter. Greenleaf Trust’s holdings in Relx were worth $369,000 at the end of the most recent quarter.

A number of other large investors have also recently made changes to their positions in the business. Lazard Asset Management LLC increased its stake in shares of Relx by 17.5% in the fourth quarter. Lazard Asset Management LLC now owns 7,727,092 shares of the technology company’s stock worth $190,549,000 after acquiring an additional 1,153,239 shares during the last quarter. BlackRock Inc. increased its stake in shares of Relx by 8.4% in the fourth quarter. BlackRock Inc. now owns 2,607,715 shares of the technology company’s stock worth $64,306,000 after acquiring an additional 201,854 shares during the last quarter. Crossmark Global Holdings Inc. increased its stake in shares of Relx by 30.8% in the first quarter. Crossmark Global Holdings Inc. now owns 624,826 shares of the technology company’s stock worth $15,721,000 after acquiring an additional 147,195 shares during the last quarter. Wells Fargo & Company MN increased its stake in shares of Relx by 8.0% in the fourth quarter. Wells Fargo & Company MN now owns 1,714,941 shares of the technology company’s stock worth $42,289,000 after acquiring an additional 127,538 shares during the last quarter. Finally, JPMorgan Chase & Co. increased its stake in shares of Relx by 50.8% in the fourth quarter. JPMorgan Chase & Co. now owns 309,610 shares of the technology company’s stock worth $7,635,000 after acquiring an additional 104,284 shares during the last quarter. 3.56% of the stock is currently owned by institutional investors.

RELX stock opened at $25.71 on Wednesday. The company has a debt-to-equity ratio of 3.15, a current ratio of 0.47 and a quick ratio of 0.42. Relx Plc has a 52-week low of $19.52 and a 52-week high of $27.15. The company has a 50-day moving average of $26.19 and a two-hundred day moving average of $24.62. The stock has a market capitalization of $49.66 billion, a price-to-earnings ratio of 21.61, a price-to-earnings-growth ratio of 3.79 and a beta of 0.72.

The company also recently declared a semi-annual dividend, which will be paid on Tuesday, June 8th. Shareholders of record on Friday, April 30th will be issued a dividend of $0.4693 per share. This represents a yield of 2.3%. This is a boost from Relx’s previous semi-annual dividend of $0.17. The ex-dividend date of this dividend is Thursday, April 29th. Relx’s dividend payout ratio is 78.99%.

Several equities analysts have commented on the stock. Deutsche Bank Aktiengesellschaft reissued a “hold” rating on shares of Relx in a research report on Monday, March 1st. Barclays reissued an “overweight” rating on shares of Relx in a research report on Friday, April 23rd. Berenberg Bank reissued a “hold” rating on shares of Relx in a research report on Tuesday, January 12th. Credit Suisse Group reissued an “outperform” rating on shares of Relx in a research report on Friday, April 23rd. Finally, Morgan Stanley reissued an “overweight” rating on shares of Relx in a research report on Friday, February 19th. Six analysts have rated the stock with a hold rating and six have issued a buy rating to the stock. Relx currently has a consensus rating of “Buy”.

About Relx

RELX PLC provides information-based analytics and decision tools for professional and business customers in North America, Europe, and internationally. It operates through four segments: Scientific, Technical & Medical; Risk; Legal; and Exhibitions. The Scientific, Technical & Medical segment provides information and analytics that help institutions and professionals to progress in science and advance healthcare.

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Institutional Ownership by Quarter for Relx (NYSE:RELX)

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