Diversify Wealth Management LLC Buys 5,094 Shares of Relx Plc (NYSE:RELX)

Diversify Wealth Management LLC boosted its holdings in shares of Relx Plc (NYSE:RELX - Free Report) by 11.9% during the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 47,917 shares of the technology company's stock after buying an additional 5,094 shares during the period. Diversify Wealth Management LLC's holdings in Relx were worth $2,577,000 as of its most recent SEC filing.

Other institutional investors have also recently bought and sold shares of the company. Cambridge Investment Research Advisors Inc. lifted its position in Relx by 19.5% during the 1st quarter. Cambridge Investment Research Advisors Inc. now owns 18,957 shares of the technology company's stock worth $956,000 after buying an additional 3,092 shares in the last quarter. Merit Financial Group LLC raised its holdings in Relx by 77.7% during the 1st quarter. Merit Financial Group LLC now owns 11,757 shares of the technology company's stock worth $593,000 after purchasing an additional 5,139 shares during the last quarter. Public Employees Retirement System of Ohio raised its holdings in Relx by 21.4% during the 4th quarter. Public Employees Retirement System of Ohio now owns 162,830 shares of the technology company's stock worth $7,396,000 after purchasing an additional 28,702 shares during the last quarter. Charles Schwab Investment Management Inc. raised its holdings in Relx by 19.3% during the 4th quarter. Charles Schwab Investment Management Inc. now owns 143,483 shares of the technology company's stock worth $6,517,000 after purchasing an additional 23,183 shares during the last quarter. Finally, Money Concepts Capital Corp raised its holdings in Relx by 237.4% during the 1st quarter. Money Concepts Capital Corp now owns 15,604 shares of the technology company's stock worth $787,000 after purchasing an additional 10,979 shares during the last quarter. Institutional investors and hedge funds own 15.02% of the company's stock.

Relx Price Performance

Shares of RELX opened at $53.61 on Friday. Relx Plc has a 52-week low of $43.45 and a 52-week 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 stock has a 50 day simple moving average of $53.77 and a 200 day simple moving average of $50.82. The firm has a market capitalization of $100.67 billion, a PE ratio of 28.82, a P/E/G ratio of 3.26 and a beta of 0.83.

Analyst Upgrades and Downgrades

A number of analysts have recently commented on the company. Morgan Stanley reaffirmed an "overweight" rating on shares of Relx in a research note on Wednesday, April 16th. Wall Street Zen cut Relx from a "buy" rating to a "hold" rating in a research note on Saturday. Barclays raised Relx from an "equal weight" rating to an "overweight" rating in a research note on Friday, March 14th. Finally, The Goldman Sachs Group assumed coverage on Relx in a research note on Wednesday, March 26th. They issued a "buy" rating for the company. One research analyst has rated the stock with a hold rating, four have assigned a buy rating and one has given a strong buy rating to the company. Based on data from MarketBeat, the stock presently has an average rating of "Buy".

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.

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