StockNews.com started coverage on shares of Relx (NYSE:RELX - Free Report) in a research note published on Wednesday morning. The brokerage issued a hold rating on the technology company's stock.
Separately, Citigroup upgraded Relx to a "strong-buy" rating in a report on Tuesday, September 17th.
View Our Latest Stock Analysis on Relx
Relx Price Performance
Shares of NYSE:RELX traded down $0.95 during midday trading on Wednesday, reaching $46.96. 477,310 shares of the company were exchanged, compared to its average volume of 875,229. Relx has a one year low of $34.58 and a one year high of $48.91. The business's fifty day moving average is $47.22 and its two-hundred day moving average is $45.46.
Hedge Funds Weigh In On Relx
Institutional investors and hedge funds have recently made changes to their positions in the business. QRG Capital Management Inc. increased its position in shares of Relx by 18.1% during the 3rd quarter. QRG Capital Management Inc. now owns 249,185 shares of the technology company's stock valued at $11,826,000 after purchasing an additional 38,169 shares during the last quarter. BSW Wealth Partners raised its stake in shares of Relx by 24.4% in the third quarter. BSW Wealth Partners now owns 11,259 shares of the technology company's stock valued at $534,000 after acquiring an additional 2,209 shares during the period. Farther Finance Advisors LLC lifted its holdings in shares of Relx by 80.3% in the 3rd quarter. Farther Finance Advisors LLC now owns 20,250 shares of the technology company's stock worth $961,000 after acquiring an additional 9,021 shares during the last quarter. Financial Advocates Investment Management boosted its stake in shares of Relx by 5.5% during the 3rd quarter. Financial Advocates Investment Management now owns 14,444 shares of the technology company's stock worth $686,000 after purchasing an additional 748 shares during the period. Finally, Diversify Wealth Management LLC boosted its position in shares of Relx by 6.4% during the third quarter. Diversify Wealth Management LLC now owns 36,268 shares of the technology company's stock valued at $1,698,000 after buying an additional 2,192 shares during the period. 15.02% of the stock is owned by hedge funds and other institutional investors.
About Relx
(
Get Free Report)
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.
Read More
Before you consider Relx, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Relx wasn't on the list.
While Relx currently has a "Buy" rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Growth stocks offer a lot of bang for your buck, and we've got the next upcoming superstars to strongly consider for your portfolio.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
