Gradient Investments LLC Sells 460 Shares of Relx Plc (NYSE:RELX)

Gradient Investments LLC decreased its position in Relx Plc (NYSE:RELX) by 4.2% during the fourth quarter, HoldingsChannel.com reports. The firm owned 10,468 shares of the technology company’s stock after selling 460 shares during the quarter. Gradient Investments LLC’s holdings in Relx were worth $475,000 as of its most recent SEC filing.

Several other institutional investors also recently bought and sold shares of the company. FMR LLC lifted its stake in shares of Relx by 8.3% in the third quarter. FMR LLC now owns 7,148,837 shares of the technology company’s stock worth $339,284,000 after buying an additional 548,423 shares in the last quarter. Mediolanum International Funds Ltd bought a new position in Relx in the 3rd quarter valued at approximately $12,902,000. Clearbridge Investments LLC boosted its stake in Relx by 7.2% during the 2nd quarter. Clearbridge Investments LLC now owns 2,260,445 shares of the technology company’s stock valued at $103,709,000 after purchasing an additional 152,154 shares during the last quarter. Bank of Montreal Can increased its holdings in shares of Relx by 194.9% in the 3rd quarter. Bank of Montreal Can now owns 227,211 shares of the technology company’s stock worth $10,806,000 after purchasing an additional 150,163 shares in the last quarter. Finally, Public Employees Retirement System of Ohio purchased a new position in shares of Relx in the third quarter worth $6,366,000. 15.02% of the stock is owned by hedge funds and other institutional investors.

Relx Stock Down 1.1 %

RELX opened at $48.85 on Friday. Relx Plc has a 1-year low of $40.25 and a 1-year high of $49.57. The firm’s 50 day simple moving average is $46.73 and its two-hundred day simple moving average is $46.69. The company has a current ratio of 0.48, a quick ratio of 0.42 and a debt-to-equity ratio of 1.63.

Wall Street Analysts Forecast Growth

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

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.