Timber Creek Capital Management LLC Raises Position in RELX PLC (NYSE:RELX)

Timber Creek Capital Management LLC increased its stake in RELX PLC (NYSE:RELX - Free Report) by 19.4% in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 47,850 shares of the technology company's stock after acquiring an additional 7,780 shares during the period. Timber Creek Capital Management LLC's holdings in RELX were worth $2,412,000 as of its most recent SEC filing.

Other large investors also recently added to or reduced their stakes in the company. Golden State Wealth Management LLC lifted its stake in RELX by 100.0% in the first quarter. Golden State Wealth Management LLC now owns 588 shares of the technology company's stock worth $30,000 after purchasing an additional 294 shares during the last quarter. Transce3nd LLC purchased a new stake in RELX in the fourth quarter worth $40,000. Brown Brothers Harriman & Co. lifted its position in shares of RELX by 218.5% during the fourth quarter. Brown Brothers Harriman & Co. now owns 965 shares of the technology company's stock worth $44,000 after purchasing an additional 662 shares during the last quarter. Private Trust Co. NA grew its holdings in shares of RELX by 19.2% in the fourth quarter. Private Trust Co. NA now owns 1,237 shares of the technology company's stock worth $56,000 after purchasing an additional 199 shares during the last quarter. Finally, Redwood Investments LLC purchased a new position in RELX in the 4th quarter worth about $120,000. 15.02% of the stock is owned by institutional investors.

Analyst Ratings Changes

A number of equities analysts have recently commented on the stock. Barclays raised shares of RELX from an "equal weight" rating to an "overweight" rating in a research report on Friday, March 14th. The Goldman Sachs Group initiated coverage on RELX in a research report on Wednesday, March 26th. They set a "buy" rating for the company. Finally, Morgan Stanley restated an "overweight" rating on shares of RELX in a research note on Wednesday, April 16th. One equities research analyst has rated the stock with a hold rating, four have assigned a buy rating and one has assigned a strong buy rating to the company's stock. According to MarketBeat.com, RELX presently has a consensus rating of "Buy".

RELX Stock Up 1.0%

RELX stock traded up $0.51 during trading on Friday, reaching $53.15. 604,665 shares of the company traded hands, compared to its average volume of 741,133. The business has a 50 day simple moving average of $53.82 and a 200 day simple moving average of $50.51. RELX PLC has a 12 month low of $43.45 and a 12 month 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 company has a market capitalization of $99.81 billion, a price-to-earnings ratio of 28.58, a price-to-earnings-growth ratio of 3.20 and a beta of 0.83.

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.