Whittier Trust Co. Acquires 7,211 Shares of RELX PLC (NYSE:RELX)

Whittier Trust Co. raised its position in RELX PLC (NYSE:RELX - Free Report) by 20.1% in the 1st quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 43,091 shares of the technology company's stock after acquiring an additional 7,211 shares during the period. Whittier Trust Co.'s holdings in RELX were worth $2,172,000 as of its most recent SEC filing.

Several other large investors have also recently added to or reduced their stakes in RELX. Ameriprise Financial Inc. raised its holdings in RELX by 368.7% in the 4th quarter. Ameriprise Financial Inc. now owns 2,807,038 shares of the technology company's stock valued at $127,437,000 after acquiring an additional 2,208,119 shares in the last quarter. Northern Trust Corp grew its stake in shares of RELX by 51.6% in the 4th quarter. Northern Trust Corp now owns 2,191,588 shares of the technology company's stock valued at $99,542,000 after purchasing an additional 745,532 shares during the period. GAMMA Investing LLC grew its stake in shares of RELX by 6,125.5% in the 1st quarter. GAMMA Investing LLC now owns 679,073 shares of the technology company's stock valued at $34,232,000 after purchasing an additional 668,165 shares during the period. Bank of Montreal Can grew its stake in shares of RELX by 290.3% in the 4th quarter. Bank of Montreal Can now owns 886,758 shares of the technology company's stock valued at $40,277,000 after purchasing an additional 659,547 shares during the period. Finally, Arrowstreet Capital Limited Partnership grew its stake in shares of RELX by 50.3% in the 4th quarter. Arrowstreet Capital Limited Partnership now owns 1,968,739 shares of the technology company's stock valued at $89,420,000 after purchasing an additional 658,655 shares during the period. Institutional investors and hedge funds own 15.02% of the company's stock.

Analyst Ratings Changes

Several equities research analysts have recently weighed in on RELX shares. The Goldman Sachs Group started coverage on RELX in a research note on Wednesday, March 26th. They issued a "buy" rating on the stock. Wall Street Zen lowered RELX from a "buy" rating to a "hold" rating in a research note on Saturday, July 12th. Finally, Morgan Stanley reiterated an "overweight" rating on shares of RELX in a research note on Wednesday, April 16th. One research analyst has rated the stock with a hold rating, four have assigned a buy rating and one has issued a strong buy rating to the stock. According to data from MarketBeat, the stock presently has a consensus rating of "Buy".

RELX Price Performance

NYSE RELX traded down $0.26 during trading hours on Thursday, reaching $53.49. 730,116 shares of the company's stock were exchanged, compared to its average volume of 755,192. The stock has a market cap of $98.24 billion, a PE ratio of 28.76, a price-to-earnings-growth ratio of 3.50 and a beta of 0.83. RELX PLC has a one year low of $43.45 and a one year high of $56.33. The firm has a fifty day moving average of $53.69 and a 200-day moving average of $50.98. The company has a current ratio of 0.52, a quick ratio of 0.47 and a debt-to-equity ratio of 1.46.

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.