Cerity Partners LLC Acquires 36,181 Shares of Relx Plc (NYSE:RELX)

Cerity Partners LLC lifted its stake in shares of Relx Plc (NYSE:RELX - Free Report) by 33.5% during the first quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 144,255 shares of the technology company's stock after purchasing an additional 36,181 shares during the quarter. Cerity Partners LLC's holdings in Relx were worth $7,272,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds have also made changes to their positions in the stock. Golden State Wealth Management LLC boosted its stake in shares of Relx by 100.0% during the 1st quarter. Golden State Wealth Management LLC now owns 588 shares of the technology company's stock worth $30,000 after acquiring an additional 294 shares in the last quarter. Cornerstone Planning Group LLC grew its position in Relx by 325.2% during the first quarter. Cornerstone Planning Group LLC now owns 693 shares of the technology company's stock worth $37,000 after buying an additional 530 shares in the last quarter. Transce3nd LLC acquired a new stake in Relx during the fourth quarter worth about $40,000. Brown Brothers Harriman & Co. boosted its holdings in Relx by 218.5% during the fourth quarter. Brown Brothers Harriman & Co. now owns 965 shares of the technology company's stock valued at $44,000 after purchasing an additional 662 shares in the last quarter. Finally, Redwood Investments LLC acquired a new position in shares of Relx in the 4th quarter worth approximately $120,000. 15.02% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

Several equities analysts have recently issued reports on the stock. The Goldman Sachs Group initiated coverage on shares of Relx in a report on Wednesday, March 26th. They issued a "buy" rating for the company. Wall Street Zen cut shares of Relx from a "buy" rating to a "hold" rating in a report on Saturday, July 12th. Finally, Morgan Stanley reissued an "overweight" rating on shares of Relx in a research note on Wednesday, April 16th. One analyst has rated the stock with a hold rating, four have given a buy rating and one has assigned a strong buy rating to the company's stock. According to MarketBeat.com, the stock presently has an average rating of "Buy".

Relx Trading Down 0.4%

NYSE:RELX traded down $0.23 during trading hours on Thursday, reaching $53.53. The company's stock had a trading volume of 431,616 shares, compared to its average volume of 755,456. The firm has a market capitalization of $98.31 billion, a price-to-earnings ratio of 28.76, a PEG ratio of 3.47 and a beta of 0.83. Relx Plc has a 1 year low of $43.45 and a 1 year high of $56.33. The company has a debt-to-equity ratio of 1.46, a quick ratio of 0.47 and a current ratio of 0.52. The firm has a 50-day simple moving average of $53.69 and a 200-day simple moving average of $50.98.

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.