WCM Investment Management LLC lifted its holdings in shares of Relx Plc (NYSE:RELX - Free Report) by 86.7% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 48,035 shares of the technology company's stock after buying an additional 22,308 shares during the quarter. WCM Investment Management LLC's holdings in Relx were worth $2,181,000 at the end of the most recent quarter.
Other institutional investors also recently modified their holdings of the company. CENTRAL TRUST Co grew its position in shares of Relx by 1,290.2% during the 4th quarter. CENTRAL TRUST Co now owns 570 shares of the technology company's stock worth $26,000 after buying an additional 529 shares during the period. Versant Capital Management Inc bought a new position in Relx during the 4th quarter worth approximately $31,000. Private Trust Co. NA boosted its stake in Relx by 119.9% during the 3rd quarter. Private Trust Co. NA now owns 1,038 shares of the technology company's stock worth $49,000 after acquiring an additional 566 shares during the last quarter. Wilmington Savings Fund Society FSB bought a new position in Relx during the 3rd quarter worth approximately $125,000. Finally, Grove Bank & Trust boosted its stake in Relx by 10.2% during the 3rd quarter. Grove Bank & Trust now owns 3,758 shares of the technology company's stock worth $178,000 after acquiring an additional 348 shares during the last quarter. Institutional investors and hedge funds own 15.02% of the company's stock.
Relx Price Performance
Relx stock traded down $0.77 during midday trading on Friday, hitting $51.14. 676,780 shares of the stock were exchanged, compared to its average volume of 575,306. The company has a quick ratio of 0.42, a current ratio of 0.48 and a debt-to-equity ratio of 1.63. Relx Plc has a 52 week low of $40.25 and a 52 week high of $51.99. The company has a fifty day simple moving average of $47.74 and a two-hundred day simple moving average of $47.13.
Wall Street Analyst Weigh In
RELX has been the topic of several recent analyst reports. StockNews.com raised shares of Relx from a "hold" rating to a "buy" rating in a research note on Friday. Redburn Atlantic initiated coverage on shares of Relx in a research note on Wednesday, January 8th. They set a "buy" rating on the stock.
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Relx Company Profile
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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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