GAMMA Investing LLC bought a new position in shares of Relx Plc (NYSE:RELX – Free Report) in the fourth quarter, HoldingsChannel.com reports. The institutional investor bought 5,545 shares of the technology company’s stock, valued at approximately $229,000.
Other institutional investors and hedge funds have also recently bought and sold shares of the company. Parkside Financial Bank & Trust grew its position in Relx by 81.1% in the fourth quarter. Parkside Financial Bank & Trust now owns 909 shares of the technology company’s stock valued at $36,000 after acquiring an additional 407 shares in the last quarter. Milestone Investment Advisors LLC acquired a new stake in shares of Relx during the third quarter worth approximately $34,000. FSC Wealth Advisors LLC acquired a new stake in shares of Relx during the fourth quarter worth approximately $42,000. NBC Securities Inc. acquired a new stake in shares of Relx during the third quarter worth approximately $38,000. Finally, Bruce G. Allen Investments LLC acquired a new stake in shares of Relx during the fourth quarter worth approximately $48,000. Institutional investors and hedge funds own 15.02% of the company’s stock.
Relx Stock Down 0.8 %
Shares of RELX opened at $41.12 on Friday. The business’s fifty day moving average price is $42.87 and its 200 day moving average price is $40.04. Relx Plc has a 12-month low of $30.10 and a 12-month high of $44.75. 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 Increases Dividend
Analyst Ratings Changes
A number of analysts have recently weighed in on RELX shares. StockNews.com downgraded shares of Relx from a “buy” rating to a “hold” rating in a research report on Thursday. Berenberg Bank downgraded shares of Relx from a “buy” rating to a “hold” rating in a research report on Friday, March 1st.
Check Out Our Latest Analysis on Relx
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.
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