Relx Plc (NYSE:RELX) Shares Bought by Seascape Capital Management

Seascape Capital Management boosted its position in shares of Relx Plc (NYSE:RELX) by 1.5% in the fourth quarter, Holdings Channel.com reports. The firm owned 86,881 shares of the technology company’s stock after acquiring an additional 1,245 shares during the period. Relx comprises approximately 1.4% of Seascape Capital Management’s investment portfolio, making the stock its 25th largest position. Seascape Capital Management’s holdings in Relx were worth $3,946,000 as of its most recent SEC filing.

Several other large investors also recently modified their holdings of the business. Creative Planning grew its stake in Relx by 10.3% during the 3rd quarter. Creative Planning now owns 142,224 shares of the technology company’s stock valued at $6,750,000 after purchasing an additional 13,294 shares in the last quarter. Net Worth Advisory Group acquired a new stake in shares of Relx during the third quarter worth approximately $269,000. Blue Trust Inc. increased its stake in shares of Relx by 192.1% in the third quarter. Blue Trust Inc. now owns 10,694 shares of the technology company’s stock worth $491,000 after buying an additional 7,033 shares during the last quarter. Allspring Global Investments Holdings LLC raised its holdings in Relx by 3.3% in the third quarter. Allspring Global Investments Holdings LLC now owns 12,874 shares of the technology company’s stock valued at $611,000 after acquiring an additional 416 shares in the last quarter. Finally, Arlington Partners LLC boosted its stake in Relx by 16.1% during the 3rd quarter. Arlington Partners LLC now owns 83,890 shares of the technology company’s stock valued at $3,981,000 after acquiring an additional 11,646 shares during the last quarter. 15.02% of the stock is currently owned by institutional investors and hedge funds.

Relx Stock Performance

Relx stock opened at $51.14 on Friday. Relx Plc has a 12 month low of $40.25 and a 12 month high of $51.99. The company has a fifty day moving average price of $47.81 and a two-hundred day moving average price of $47.15. The company has a quick ratio of 0.42, a current ratio of 0.48 and a debt-to-equity ratio of 1.63.

Analyst Ratings Changes

Several equities research analysts have recently weighed in on the stock. Redburn Atlantic assumed coverage on shares of Relx in a research report on Wednesday, January 8th. They issued a “buy” rating for the company. StockNews.com upgraded Relx from a “hold” rating to a “buy” rating in a research note on Friday.

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.