Relx Plc (NYSE:RELX) Shares Acquired by Mitchell & Pahl Private Wealth LLC

Mitchell & Pahl Private Wealth LLC increased its stake in shares of Relx Plc (NYSE:RELX) by 7.3% in the fourth quarter, Holdings Channel.com reports. The institutional investor owned 20,160 shares of the technology company’s stock after acquiring an additional 1,369 shares during the period. Mitchell & Pahl Private Wealth LLC’s holdings in Relx were worth $916,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other large investors have also recently added to or reduced their stakes in RELX. Benjamin F. Edwards & Company Inc. grew its position in Relx by 5.7% in the 2nd quarter. Benjamin F. Edwards & Company Inc. now owns 7,422 shares of the technology company’s stock worth $341,000 after purchasing an additional 403 shares during the last quarter. Profund Advisors LLC grew its holdings in Relx by 3.0% in the 2nd quarter. Profund Advisors LLC now owns 14,007 shares of the technology company’s stock worth $643,000 after buying an additional 407 shares in the last quarter. Frank Rimerman Advisors LLC acquired a new stake in Relx in the 2nd quarter valued at approximately $470,000. Evergreen Capital Management LLC raised its stake in Relx by 3.8% during the 2nd quarter. Evergreen Capital Management LLC now owns 14,204 shares of the technology company’s stock valued at $652,000 after acquiring an additional 517 shares in the last quarter. Finally, Marietta Investment Partners LLC acquired a new position in Relx during the 2nd quarter worth $206,000. 15.02% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

A number of equities research analysts recently weighed in on the stock. Redburn Atlantic assumed coverage on shares of Relx in a research note on Wednesday, January 8th. They set a “buy” rating on the stock. StockNews.com started coverage on shares of Relx in a research report on Wednesday, October 30th. They set a “hold” rating on the stock.

Relx Stock Up 0.6 %

Shares of RELX stock opened at $48.18 on Tuesday. The company has a current ratio of 0.48, a quick ratio of 0.42 and a debt-to-equity ratio of 1.63. The business’s fifty day moving average is $46.44 and its 200-day moving average is $46.59. Relx Plc has a 1 year low of $40.25 and a 1 year high of $48.91.

Relx 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.