Janney Montgomery Scott LLC Cuts Stock Holdings in Relx Plc (NYSE:RELX)

Janney Montgomery Scott LLC trimmed its position in Relx Plc (NYSE:RELX - Free Report) by 83.7% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 64,160 shares of the technology company's stock after selling 329,541 shares during the period. Janney Montgomery Scott LLC's holdings in Relx were worth $2,914,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also bought and sold shares of the company. Atomi Financial Group Inc. raised its stake in Relx by 14.9% during the fourth quarter. Atomi Financial Group Inc. now owns 28,232 shares of the technology company's stock worth $1,282,000 after acquiring an additional 3,663 shares in the last quarter. Crossmark Global Holdings Inc. boosted its holdings in shares of Relx by 2.1% during the 4th quarter. Crossmark Global Holdings Inc. now owns 269,580 shares of the technology company's stock worth $12,244,000 after buying an additional 5,471 shares in the last quarter. Mitchell & Pahl Private Wealth LLC boosted its holdings in shares of Relx by 7.3% during the 4th quarter. Mitchell & Pahl Private Wealth LLC now owns 20,160 shares of the technology company's stock worth $916,000 after buying an additional 1,369 shares in the last quarter. Ballentine Partners LLC raised its position in shares of Relx by 14.3% during the fourth quarter. Ballentine Partners LLC now owns 19,785 shares of the technology company's stock worth $899,000 after purchasing an additional 2,479 shares during the period. Finally, Diversify Wealth Management LLC raised its position in shares of Relx by 18.1% during the fourth quarter. Diversify Wealth Management LLC now owns 42,823 shares of the technology company's stock worth $1,986,000 after purchasing an additional 6,555 shares during the period. Institutional investors own 15.02% of the company's stock.

Relx Stock Performance

Shares of Relx stock traded down $0.49 on Friday, hitting $49.87. 723,979 shares of the company traded hands, compared to its average volume of 543,079. The company has a debt-to-equity ratio of 1.63, a quick ratio of 0.42 and a current ratio of 0.48. Relx Plc has a 12-month low of $40.25 and a 12-month high of $50.55. The firm's 50-day simple moving average is $47.13 and its 200 day simple moving average is $46.81.

Wall Street Analyst Weigh In

A number of equities research analysts recently commented on RELX shares. Redburn Atlantic started coverage on Relx in a research report on Wednesday, January 8th. They issued a "buy" rating for the company. StockNews.com initiated coverage on shares of Relx in a research report on Wednesday, October 30th. They issued a "hold" rating on the stock.

Relx Profile

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.