Relx Plc (NYSE:RELX) Shares Acquired by Whittier Trust Co.

Whittier Trust Co. grew its position in shares of Relx Plc (NYSE:RELX - Free Report) by 20.1% in the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 43,091 shares of the technology company's stock after acquiring an additional 7,211 shares during the quarter. Whittier Trust Co.'s holdings in Relx were worth $2,172,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also modified their holdings of RELX. Massachusetts Financial Services Co. MA raised its position in Relx by 103.7% in the first quarter. Massachusetts Financial Services Co. MA now owns 106,220 shares of the technology company's stock valued at $5,355,000 after purchasing an additional 54,062 shares during the period. Apollon Wealth Management LLC grew its stake in shares of Relx by 9.9% in the first quarter. Apollon Wealth Management LLC now owns 6,743 shares of the technology company's stock valued at $340,000 after buying an additional 606 shares in the last quarter. Signaturefd LLC raised its holdings in shares of Relx by 2.7% during the 1st quarter. Signaturefd LLC now owns 39,593 shares of the technology company's stock valued at $1,996,000 after buying an additional 1,029 shares during the period. Bleakley Financial Group LLC lifted its position in Relx by 1.5% during the 1st quarter. Bleakley Financial Group LLC now owns 14,147 shares of the technology company's stock worth $713,000 after acquiring an additional 207 shares in the last quarter. Finally, TFR Capital LLC. purchased a new position in Relx in the 1st quarter worth approximately $229,000. 15.02% of the stock is owned by institutional investors and hedge funds.

Relx Stock Down 1.1%

Relx stock traded down $0.57 during midday trading on Friday, hitting $52.90. The stock had a trading volume of 814,913 shares, compared to its average volume of 755,545. The business has a fifty day moving average price of $53.65 and a 200 day moving average price of $51.13. Relx Plc has a 12 month low of $43.45 and a 12 month high of $56.33. The stock has a market cap of $97.16 billion, a P/E ratio of 28.44, a P/E/G ratio of 3.45 and a beta of 0.83. The company has a current ratio of 0.52, a quick ratio of 0.47 and a debt-to-equity ratio of 1.46.

Wall Street Analysts Forecast Growth

RELX has been the topic of a number of analyst reports. Morgan Stanley reaffirmed an "overweight" rating on shares of Relx in a research report on Wednesday, April 16th. The Goldman Sachs Group started coverage on Relx in a report on Wednesday, March 26th. They set a "buy" rating on the stock. Finally, Wall Street Zen lowered Relx from a "buy" rating to a "hold" rating in a research report on Saturday, July 12th. One 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 company. According to MarketBeat, Relx presently has a consensus rating of "Buy".

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.