Janney Montgomery Scott LLC Raises Position in Relx Plc (NYSE:RELX)

Janney Montgomery Scott LLC lifted its stake in shares of Relx Plc (NYSE:RELXFree Report) by 0.2% during the 4th quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 352,581 shares of the technology company’s stock after buying an additional 656 shares during the quarter. Janney Montgomery Scott LLC’s holdings in Relx were worth $13,984,000 as of its most recent filing with the SEC.

Other hedge funds have also modified their holdings of the company. Parkside Financial Bank & Trust raised its position in shares of Relx by 81.1% in the 4th quarter. Parkside Financial Bank & Trust now owns 909 shares of the technology company’s stock valued at $36,000 after purchasing an additional 407 shares in the last quarter. Milestone Investment Advisors LLC acquired a new position in Relx in the third quarter worth about $34,000. FSC Wealth Advisors LLC bought a new stake in Relx in the fourth quarter valued at about $42,000. NBC Securities Inc. acquired a new stake in Relx during the third quarter valued at approximately $38,000. Finally, Bruce G. Allen Investments LLC bought a new position in Relx during the 4th quarter worth approximately $48,000. 15.02% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

A number of brokerages have issued reports on RELX. StockNews.com cut shares of Relx from a “buy” rating to a “hold” rating in a report on Thursday, April 25th. Berenberg Bank lowered Relx from a “buy” rating to a “hold” rating in a research report on Friday, March 1st.

Read Our Latest Analysis on Relx

Relx Price Performance

RELX opened at $44.07 on Friday. The stock’s 50 day moving average price is $42.54 and its 200 day moving average price is $40.89. The company has a debt-to-equity ratio of 1.51, a quick ratio of 0.47 and a current ratio of 0.52. Relx Plc has a 12 month low of $30.10 and a 12 month high of $44.75.

Relx Profile

(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.

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Institutional Ownership by Quarter for Relx (NYSE:RELX)

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