Hantz Financial Services Inc. Buys 26,313 Shares of Relx Plc $RELX

Hantz Financial Services Inc. increased its stake in Relx Plc (NYSE:RELX) by 394.5% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 32,983 shares of the technology company’s stock after purchasing an additional 26,313 shares during the period. Hantz Financial Services Inc.’s holdings in Relx were worth $1,333,000 as of its most recent SEC filing.

Several other institutional investors also recently modified their holdings of the stock. Orion Porfolio Solutions LLC boosted its stake in Relx by 622.0% in the second quarter. Orion Porfolio Solutions LLC now owns 1,350,189 shares of the technology company’s stock worth $73,369,000 after buying an additional 1,163,189 shares in the last quarter. Voloridge Investment Management LLC purchased a new stake in Relx in the third quarter worth approximately $39,737,000. Optiver Holding B.V. purchased a new stake in Relx in the third quarter worth approximately $20,570,000. Ameriprise Financial Inc. boosted its stake in Relx by 10.0% in the second quarter. Ameriprise Financial Inc. now owns 3,344,134 shares of the technology company’s stock worth $181,569,000 after buying an additional 303,002 shares in the last quarter. Finally, Alliancebernstein L.P. boosted its stake in Relx by 36.4% in the third quarter. Alliancebernstein L.P. now owns 1,111,700 shares of the technology company’s stock worth $53,095,000 after buying an additional 296,500 shares in the last quarter. 15.02% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

Several analysts have issued reports on RELX shares. Citigroup raised Relx from a “neutral” rating to a “buy” rating in a research note on Wednesday, April 8th. Zacks Research lowered Relx from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, March 4th. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Relx in a research note on Friday, May 8th. Morgan Stanley lowered Relx from an “overweight” rating to an “equal weight” rating in a research note on Thursday, May 7th. Finally, Wall Street Zen lowered Relx from a “buy” rating to a “hold” rating in a research note on Sunday, May 17th. One research analyst has rated the stock with a Strong Buy rating, three have given a Buy rating and three have assigned a Hold rating to the stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy”.

Relx Stock Performance

NYSE:RELX opened at $32.88 on Thursday. Relx Plc has a fifty-two week low of $27.57 and a fifty-two week high of $55.26. The company has a debt-to-equity ratio of 2.38, a current ratio of 0.49 and a quick ratio of 0.44. The business has a 50 day moving average price of $34.09 and a 200-day moving average price of $36.50.

Relx Company Profile

RELX plc is a global provider of information, analytics and decision tools for professional and business customers. The company supplies content, data and analytical services that support decision-making across scientific, technical and medical research, legal and regulatory practice, and risk and business analytics. RELX’s offerings are largely delivered via digital platforms and subscription services designed for institutions, corporations and professionals who require specialized, high-value information and workflow solutions.

RELX operates through distinct business lines that include Elsevier, which provides scientific, technical and medical journals, books and online platforms such as research and discovery tools; Legal and Professional services, which deliver legal, regulatory and compliance content and workflow solutions; Risk & Business Analytics, which offers data, analytics and decision tools for insurance, banking, corporate and government risk assessment; and Exhibitions, which organizes industry trade shows and events.