Brucke Financial Inc. Takes $674,000 Position in Relx Plc (NYSE:RELX)

Brucke Financial Inc. bought a new position in Relx Plc (NYSE:RELX - Free Report) during the fourth quarter, according to its most recent disclosure with the SEC. The firm bought 13,507 shares of the technology company's stock, valued at approximately $674,000.

A number of other institutional investors also recently bought and sold shares of RELX. Merit Financial Group LLC bought a new stake in shares of Relx during the fourth quarter valued at approximately $301,000. Linden Thomas Advisory Services LLC boosted its holdings in Relx by 25.8% in the fourth quarter. Linden Thomas Advisory Services LLC now owns 9,668 shares of the technology company's stock valued at $439,000 after purchasing an additional 1,984 shares during the last quarter. Blue Trust Inc. boosted its stake in shares of Relx by 46.8% during the 4th quarter. Blue Trust Inc. now owns 15,698 shares of the technology company's stock worth $745,000 after acquiring an additional 5,004 shares in the last quarter. Perigon Wealth Management LLC boosted its stake in shares of Relx by 11.3% during the 4th quarter. Perigon Wealth Management LLC now owns 6,972 shares of the technology company's stock worth $334,000 after acquiring an additional 707 shares in the last quarter. Finally, BSW Wealth Partners lifted its stake in Relx by 4.5% in the 4th quarter. BSW Wealth Partners now owns 11,768 shares of the technology company's stock valued at $534,000 after buying an additional 509 shares in the last quarter. 15.02% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

Several analysts have recently commented on the stock. The Goldman Sachs Group began coverage on shares of Relx in a research report on Wednesday, March 26th. They set a "buy" rating on the stock. Wall Street Zen cut shares of Relx from a "buy" rating to a "hold" rating in a report on Tuesday, March 4th. Morgan Stanley restated an "overweight" rating on shares of Relx in a research report on Wednesday, April 16th. Finally, Barclays raised Relx from an "equal weight" rating to an "overweight" rating in a research report on Friday, March 14th. One investment analyst has rated the stock with a hold rating, four have given a buy rating and one has issued a strong buy rating to the stock. According to data from MarketBeat.com, the company currently has an average rating of "Buy".

Relx Trading Down 2.1%

Shares of RELX traded down $1.18 during midday trading on Thursday, hitting $53.87. The stock had a trading volume of 1,096,618 shares, compared to its average volume of 717,493. The business has a 50-day simple moving average of $52.13 and a two-hundred day simple moving average of $49.33. Relx Plc has a fifty-two week low of $43.28 and a fifty-two week high of $56.33. The firm has a market cap of $99.44 billion, a P/E ratio of 28.96, a price-to-earnings-growth ratio of 2.73 and a beta of 0.86. The company has a current ratio of 0.52, a quick ratio of 0.47 and a debt-to-equity ratio of 1.46.

About Relx

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.