Mckinley Capital Management LLC Acquires Shares of 17,367 Relx Plc (NYSE:RELX)

Mckinley Capital Management LLC acquired a new stake in shares of Relx Plc (NYSE:RELX) in the 4th quarter, Holdings Channel reports. The firm acquired 17,367 shares of the technology company’s stock, valued at approximately $689,000.

Several other institutional investors have also bought and sold shares of RELX. Lindbrook Capital LLC raised its stake in shares of Relx by 9.4% in the fourth quarter. Lindbrook Capital LLC now owns 3,194 shares of the technology company’s stock valued at $127,000 after acquiring an additional 274 shares during the period. Addison Advisors LLC raised its stake in shares of Relx by 6.7% in the fourth quarter. Addison Advisors LLC now owns 4,438 shares of the technology company’s stock valued at $176,000 after acquiring an additional 277 shares during the period. Wealth Alliance raised its stake in shares of Relx by 3.8% in the third quarter. Wealth Alliance now owns 8,777 shares of the technology company’s stock valued at $296,000 after acquiring an additional 319 shares during the period. CWM LLC raised its stake in shares of Relx by 7.5% in the fourth quarter. CWM LLC now owns 5,517 shares of the technology company’s stock valued at $219,000 after acquiring an additional 383 shares during the period. Finally, Cedar Brook Financial Partners LLC increased its stake in Relx by 5.3% in the 4th quarter. Cedar Brook Financial Partners LLC now owns 7,847 shares of the technology company’s stock worth $317,000 after buying an additional 392 shares during the period. Institutional investors own 15.02% of the company’s stock.

Relx Trading Up 0.2 %

NYSE RELX traded up $0.10 during trading on Monday, reaching $44.17. 292,437 shares of the company’s stock traded hands, compared to its average volume of 1,056,064. The company has a current ratio of 0.52, a quick ratio of 0.47 and a debt-to-equity ratio of 1.51. The company’s 50 day simple moving average is $42.54 and its two-hundred day simple moving average is $40.97. Relx Plc has a 12-month low of $30.10 and a 12-month high of $44.75.

Analyst Ratings Changes

Several research analysts recently commented on RELX shares. Berenberg Bank downgraded shares of Relx from a “buy” rating to a “hold” rating in a research note on Friday, March 1st. StockNews.com downgraded shares of Relx from a “buy” rating to a “hold” rating in a research note on Thursday, April 25th.

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.