According to a recent 13F filing with the US Securities and Exchange Commission, PNC Financial Services Group reduced its stake in Relx Plc (NYSE:RELX) by 10.1% in the first quarter. The fund sold 11,695 shares, leaving it with 104,055 shares in the technology company. As of the latest filing with the SEC, PNC Financial Services Group's holding in Relx is valued at $3,237,000.
Analyst rating changes
Several securities firms have released reports on YUEKE. In a report on Friday, July 29th, Barclays raised Relx's target price from £2,600 ($31.42 USD) to £2,650 ($32.02 USD). Also on Friday, UBS raised the target price from £2,615 ($31.60 USD) to £2,700 ($32.62 USD). In a report on Wednesday, July 20th, Morgan Stanley raised Relx's target price from £2,750 ($33.23 USD) to £2,860 ($34.56 USD). Credit Suisse Group also raised the target price from £2,650 ($32.02 USD) to £2,805 ($33.89 USD) in a report on Friday, July 29th. Finally, in a research report on Monday, July 25th, JPMorgan raised the target price from £2,670 ($32.26 USD) to £2,800 ($33.83 USD). Two stock research analysts rated the stock as hold, while four rated it as buy.
Relx Price Performance
On Monday, RELX opened on the New York Stock Exchange at a price of $25.61. The company has a debt-to-equity ratio of 1.64, a quick ratio of 0.45, and a current ratio of 0.51. The stock's 50-day moving average is $27.93, while its 200-day moving average is $28.88. RELX Plc's one-year low is $24.81 and its one-year high is $32.71.
Relx to reduce dividend payment.
The company has recently announced its semi-annual dividend which will be paid on Tuesday, September 13th. Shareholders who registered as of Friday, August 5th will receive a dividend of $0.4443 per share. This represents a dividend yield of 2.1%. The ex-dividend date is Thursday, August 4th.
Statement
This article is compiled from third-party information for industry exchange and learning purposes only.
This article does not represent the views of 2FIRSTS, and 2FIRSTS is unable to confirm the authenticity and accuracy of the article's content. The translation of this article is intended solely for industry communication and research.
Due to limitations in our translation abilities, the translated article may not accurately reflect the original text. Please refer to the original article for accuracy.
2FIRSTS maintains complete alignment with the Chinese government when it comes to any domestic, Hong Kong, Macau, Taiwan, or foreign-related expressions and positions.
All compiled information is owned by the original media and authors. If there is any infringement, please contact us for deletion.
Disclaimer
This article is provided solely for professional research, industry discussion, and informational purposes. Any references to brands, companies, products, technologies, or policies are made for factual reporting and analytical purposes only, and do not constitute endorsement, recommendation, promotion, or advertising by 2Firsts.
Nicotine-containing products, including but not limited to cigarettes, e-cigarettes, heated tobacco products, and nicotine pouches, carry significant health risks. Readers are responsible for complying with all applicable laws and regulations in their respective jurisdictions, including age restrictions and access limitations.
The information contained in this article should not be regarded as investment, legal, medical, regulatory, or commercial advice. While 2Firsts strives to ensure the accuracy and reliability of its content, it does not assume liability for any direct or indirect loss arising from errors, omissions, inaccuracies, or reliance on the information contained herein.
This article is not intended for individuals below the legal age for accessing tobacco or nicotine-related information in their jurisdiction.
Copyright Notice
This article is either original content produced by 2Firsts or content reproduced, translated, summarized, or adapted from third-party sources with attribution where applicable. The intellectual property rights of the original content remain with 2Firsts or the respective original rights holders.
No individual or organization may copy, reproduce, distribute, republish, modify, translate, or otherwise use this content without prior authorization. Any unauthorized use may result in legal action.
For copyright-related inquiries, corrections, or removal requests, please contact: info@2firsts.com.
AI-Assisted Translation and Editing Notice
Portions of this article may have been translated, edited, or reviewed with the assistance of artificial intelligence tools to improve efficiency and readability. Due to the limitations of AI-assisted translation and editing, discrepancies, omissions, or inaccuracies may exist when compared with the original source.
Where applicable, readers are advised to refer to the original source for the most complete and accurate information. If you identify any errors or believe that any content infringes upon your rights, please contact us at info@2firsts.com, and we will review and address the matter promptly.
