Relx (NYSE:RELX) Now Covered by Analysts at StockNews.com

StockNews.com started coverage on shares of Relx (NYSE:RELX) in a research note issued to investors on Tuesday morning. The firm issued a hold rating on the technology company’s stock.

Relx Trading Up 1.2 %

Shares of NYSE:RELX opened at $44.67 on Tuesday. The company’s 50 day moving average price is $45.55 and its two-hundred day moving average price is $43.70. Relx has a 12-month low of $31.38 and a 12-month high of $47.42. The company has a debt-to-equity ratio of 1.51, a quick ratio of 0.47 and a current ratio of 0.52.

Relx Cuts Dividend

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

Institutional Trading of Relx

Several large investors have recently made changes to their positions in the company. Oppenheimer Asset Management Inc. boosted its position in shares of Relx by 1.6% during the 2nd quarter. Oppenheimer Asset Management Inc. now owns 84,043 shares of the technology company’s stock worth $3,856,000 after acquiring an additional 1,357 shares in the last quarter. D Orazio & Associates Inc. boosted its position in shares of Relx by 12.8% during the 2nd quarter. D Orazio & Associates Inc. now owns 17,842 shares of the technology company’s stock worth $819,000 after acquiring an additional 2,028 shares in the last quarter. American Century Companies Inc. boosted its position in shares of Relx by 6.8% during the 2nd quarter. American Century Companies Inc. now owns 362,511 shares of the technology company’s stock worth $16,632,000 after acquiring an additional 22,983 shares in the last quarter. Coldstream Capital Management Inc. boosted its position in shares of Relx by 17.4% during the 2nd quarter. Coldstream Capital Management Inc. now owns 14,669 shares of the technology company’s stock worth $673,000 after acquiring an additional 2,169 shares in the last quarter. Finally, Choreo LLC bought a new position in Relx in the 2nd quarter valued at approximately $793,000. Institutional investors and hedge funds own 15.02% of the company’s stock.

Relx Company 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.