Relx (NYSE:RENX) was downgraded by investment analysts at Barclays to a “hold” rating in a research report issued on Monday.
Several other equities research analysts have also recently weighed in on RENX. Goldman Sachs Group raised shares of Relx to a “buy” rating in a research report on Wednesday, January 10th. Zacks Investment Research cut shares of Relx from a “buy” rating to a “hold” rating in a research report on Saturday, January 13th.
Shares of Relx (NYSE RENX) traded up $0.03 on Monday, reaching $20.58. 94,208 shares of the company’s stock traded hands, compared to its average volume of 101,390. The company has a debt-to-equity ratio of 2.35, a current ratio of 0.47 and a quick ratio of 0.43. Relx has a fifty-two week low of $17.26 and a fifty-two week high of $23.30.
Several large investors have recently bought and sold shares of RENX. Parametric Portfolio Associates LLC lifted its position in shares of Relx by 22.4% in the 3rd quarter. Parametric Portfolio Associates LLC now owns 982,332 shares of the technology company’s stock worth $20,953,000 after purchasing an additional 179,635 shares during the period. Crossmark Global Holdings Inc. purchased a new stake in shares of Relx in the 3rd quarter worth about $3,109,000. Polen Capital Management LLC lifted its position in shares of Relx by 78.7% in the 4th quarter. Polen Capital Management LLC now owns 155,937 shares of the technology company’s stock worth $3,597,000 after purchasing an additional 68,678 shares during the period. Earnest Partners LLC purchased a new stake in shares of Relx in the 3rd quarter worth about $786,000. Finally, Envestnet Asset Management Inc. lifted its position in shares of Relx by 10.4% in the 3rd quarter. Envestnet Asset Management Inc. now owns 389,264 shares of the technology company’s stock worth $8,301,000 after purchasing an additional 36,828 shares during the period. 1.19% of the stock is owned by hedge funds and other institutional investors.
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Relx Company Profile
RELX NV is a holding company, which holds interests in RELX Group plc. RELX Group is a global provider of information and analytics for professional and business customers across industries. The Company operates in four segments: Scientific, Technical & Medical; Risk & Business Analytics; Legal, and Exhibitions.
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