Eagle Global Advisors LLC Has $2.22 Million Position in Relx Plc (NYSE:RELX)

Eagle Global Advisors LLC decreased its stake in Relx Plc (NYSE:RELX) by 0.5% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 55,840 shares of the technology company’s stock after selling 255 shares during the period. Eagle Global Advisors LLC’s holdings in Relx were worth $2,215,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds also recently made changes to their positions in RELX. Frazier Financial Advisors LLC bought a new stake in Relx during the fourth quarter valued at $35,000. Parkside Financial Bank & Trust grew its stake in Relx by 81.1% during the fourth quarter. Parkside Financial Bank & Trust now owns 909 shares of the technology company’s stock worth $36,000 after purchasing an additional 407 shares during the period. Milestone Investment Advisors LLC bought a new stake in Relx in the third quarter worth approximately $34,000. FSC Wealth Advisors LLC acquired a new position in Relx in the fourth quarter valued at approximately $42,000. Finally, NBC Securities Inc. bought a new position in shares of Relx during the 3rd quarter worth approximately $38,000. 15.02% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

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

Relx Stock Up 1.2 %

Shares of RELX traded up $0.53 during trading hours on Friday, reaching $44.69. 957,191 shares of the stock traded hands, compared to its average volume of 734,634. Relx Plc has a 52 week low of $30.10 and a 52 week high of $44.96. The company has a quick ratio of 0.47, a current ratio of 0.52 and a debt-to-equity ratio of 1.51. The stock has a fifty day simple moving average of $42.62 and a 200 day simple moving average of $41.21.

About Relx

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.