Sivia Capital Partners LLC Takes Position in Relx Plc (NYSE:RELX)

Sivia Capital Partners LLC purchased a new stake in Relx Plc (NYSE:RELX) during the third quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund purchased 4,303 shares of the technology company’s stock, valued at approximately $204,000.

A number of other institutional investors also recently modified their holdings of RELX. Syon Capital LLC lifted its holdings in shares of Relx by 58.9% in the fourth quarter. Syon Capital LLC now owns 10,223 shares of the technology company’s stock valued at $405,000 after purchasing an additional 3,790 shares in the last quarter. GAMMA Investing LLC raised its holdings in Relx by 24.7% during the first quarter. GAMMA Investing LLC now owns 6,912 shares of the technology company’s stock worth $299,000 after acquiring an additional 1,367 shares in the last quarter. Fulton Bank N.A. bought a new stake in Relx during the first quarter worth about $235,000. Park Avenue Securities LLC raised its holdings in Relx by 59.4% during the first quarter. Park Avenue Securities LLC now owns 45,313 shares of the technology company’s stock worth $1,962,000 after acquiring an additional 16,879 shares in the last quarter. Finally, Marcum Wealth LLC bought a new stake in Relx during the first quarter worth about $202,000. 15.02% of the stock is currently owned by institutional investors.

Relx Stock Performance

NYSE:RELX opened at $47.39 on Tuesday. The stock’s 50 day moving average price is $46.66 and its two-hundred day moving average price is $45.03. Relx Plc has a 12-month low of $33.94 and a 12-month high of $48.91.

Relx Cuts Dividend

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

Wall Street Analyst Weigh In

Several analysts recently issued reports on RELX shares. StockNews.com lowered Relx from a “buy” rating to a “hold” rating in a report on Saturday, August 31st. Citigroup upgraded Relx to a “strong-buy” rating in a report on Tuesday, September 17th.

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.