Ballentine Partners LLC Acquires 2,479 Shares of Relx Plc (NYSE:RELX)

Ballentine Partners LLC increased its holdings in shares of Relx Plc (NYSE:RELX) by 14.3% in the 4th quarter, according to its most recent filing with the SEC. The fund owned 19,785 shares of the technology company’s stock after purchasing an additional 2,479 shares during the period. Ballentine Partners LLC’s holdings in Relx were worth $899,000 at the end of the most recent reporting period.

Several other hedge funds have also recently added to or reduced their stakes in RELX. Diversify Wealth Management LLC lifted its holdings 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 buying an additional 6,555 shares during the last quarter. Hall Laurie J Trustee raised its stake in Relx by 43.5% during the 4th quarter. Hall Laurie J Trustee now owns 68,740 shares of the technology company’s stock valued at $3,122,000 after purchasing an additional 20,845 shares during the last quarter. Aaron Wealth Advisors LLC boosted its holdings in Relx by 9.7% in the 4th quarter. Aaron Wealth Advisors LLC now owns 16,919 shares of the technology company’s stock valued at $768,000 after purchasing an additional 1,503 shares during the period. Baker Chad R boosted its holdings in Relx by 98.1% in the 4th quarter. Baker Chad R now owns 112,450 shares of the technology company’s stock valued at $5,107,000 after purchasing an additional 55,675 shares during the period. Finally, Merit Financial Group LLC acquired a new stake in Relx in the 4th quarter worth $301,000. Institutional investors own 15.02% of the company’s stock.

Analyst Upgrades and Downgrades

Several brokerages recently issued reports on RELX. Redburn Atlantic started coverage on Relx in a research note on Wednesday, January 8th. They set a “buy” rating on the stock. StockNews.com assumed coverage on Relx in a research report on Wednesday, October 30th. They set a “hold” rating on the stock.

Relx Trading Down 0.6 %

NYSE RELX opened at $49.24 on Thursday. Relx Plc has a twelve month low of $40.25 and a twelve month high of $49.57. The company has a debt-to-equity ratio of 1.63, a current ratio of 0.48 and a quick ratio of 0.42. The company’s 50-day simple moving average is $46.51 and its 200 day simple moving average is $46.63.

Relx Company 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.