Relx (NYSE:RELX - Get Free Report) was upgraded by analysts at StockNews.com from a "hold" rating to a "buy" rating in a research report issued to clients and investors on Monday.
Separately, Berenberg Bank lowered Relx from a "buy" rating to a "hold" rating in a research report on Friday, March 1st.
Check Out Our Latest Research Report on RELX
Relx Trading Down 0.3 %
Shares of Relx stock traded down $0.12 during trading on Monday, hitting $41.93. 1,737,058 shares of the company were exchanged, compared to its average volume of 1,095,224. The firm's fifty day moving average price is $42.92 and its 200 day moving average price is $39.42. The company has a debt-to-equity ratio of 1.51, a current ratio of 0.52 and a quick ratio of 0.47. Relx has a 1-year low of $30.10 and a 1-year high of $44.75.
Institutional Trading of Relx
A number of institutional investors have recently modified their holdings of RELX. Lazard Asset Management LLC grew its stake in shares of Relx by 27.4% during the second quarter. Lazard Asset Management LLC now owns 8,246,265 shares of the technology company's stock worth $275,672,000 after buying an additional 1,775,648 shares during the last quarter. Morgan Stanley grew its position in Relx by 2.5% during the 3rd quarter. Morgan Stanley now owns 4,826,070 shares of the technology company's stock worth $162,639,000 after acquiring an additional 117,228 shares during the last quarter. Goldman Sachs Group Inc. increased its holdings in Relx by 13.5% in the 4th quarter. Goldman Sachs Group Inc. now owns 3,349,527 shares of the technology company's stock worth $132,842,000 after purchasing an additional 399,101 shares in the last quarter. Dimensional Fund Advisors LP raised its position in Relx by 3.6% in the fourth quarter. Dimensional Fund Advisors LP now owns 2,694,052 shares of the technology company's stock valued at $106,843,000 after purchasing an additional 94,052 shares during the last quarter. Finally, BlackRock Inc. boosted its stake in shares of Relx by 2.5% during the second quarter. BlackRock Inc. now owns 2,631,922 shares of the technology company's stock valued at $87,985,000 after purchasing an additional 63,190 shares in the last quarter. 15.02% of the stock is currently owned by institutional investors.
Relx Company Profile
(
Get Free Report)
RELX PLC, together with its subsidiaries, provides information-based analytics and decision tools for professional and business customers in North America, Europe, and internationally. It operates through four segments: Risk; Scientific, Technical & Medical; Legal; and Exhibitions. The Risk segment offers information-based analytics and decision tools that combine public and industry specific content with technology and algorithms to assist clients in evaluating and predicting risk.
Further Reading
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