Financial Advocates Investment Management decreased its position in Relx Plc (NYSE:RELX - Free Report) by 55.7% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 6,400 shares of the technology company's stock after selling 8,044 shares during the period. Financial Advocates Investment Management's holdings in Relx were worth $291,000 at the end of the most recent reporting period.
Several other hedge funds and other institutional investors have also bought and sold shares of RELX. AQR Capital Management LLC bought a new position in Relx during the 2nd quarter valued at about $433,000. Dynamic Advisor Solutions LLC bought a new position in Relx during the 3rd quarter valued at about $248,000. Wedmont Private Capital lifted its stake in Relx by 10.0% during the 3rd quarter. Wedmont Private Capital now owns 5,555 shares of the technology company's stock valued at $256,000 after acquiring an additional 507 shares during the period. First Affirmative Financial Network bought a new position in Relx during the 3rd quarter valued at about $316,000. Finally, Procyon Advisors LLC lifted its stake in Relx by 4.1% during the 3rd quarter. Procyon Advisors LLC now owns 6,734 shares of the technology company's stock valued at $320,000 after acquiring an additional 265 shares during the period. Institutional investors own 15.02% of the company's stock.
Relx Stock Up 0.9 %
Shares of RELX traded up $0.45 on Thursday, reaching $51.89. The company's stock had a trading volume of 514,578 shares, compared to its average volume of 571,810. The company has a debt-to-equity ratio of 1.63, a quick ratio of 0.42 and a current ratio of 0.48. The stock's 50 day simple moving average is $47.66 and its two-hundred day simple moving average is $47.09. Relx Plc has a 12-month low of $40.25 and a 12-month high of $51.99.
Wall Street Analysts Forecast Growth
A number of equities analysts recently issued reports on the stock. StockNews.com assumed coverage on shares of Relx in a report on Wednesday, October 30th. They issued a "hold" rating on the stock. Redburn Atlantic assumed coverage on shares of Relx in a report on Wednesday, January 8th. They issued a "buy" rating on the stock.
Check Out Our Latest Report on RELX
About Relx
(
Free Report)
RELX Plc engages in provision of information and analytics solutions for professional and business customers across industries. It operates through the following business segments: Scientific, Technical & Medical; Risk & Business Analytics; Legal; and Exhibitions. The Scientific, Technical & Medical segment is a global information analytics business that helps institutions and professionals advance healthcare, open science, and improve performance for the benefit of humanity.
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