SG Americas Securities LLC Takes Position in Relx PLC (RELX)

SG Americas Securities LLC bought a new stake in shares of Relx PLC (NYSE:RELX) during the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund bought 61,576 shares of the technology company’s stock, valued at approximately $1,289,000.

Other hedge funds have also made changes to their positions in the company. Engineers Gate Manager LP bought a new stake in shares of Relx during the 3rd quarter valued at $203,000. Mission Wealth Management LP purchased a new position in shares of Relx in the 3rd quarter worth about $206,000. Capital Fund Management S.A. purchased a new position in shares of Relx in the 2nd quarter worth about $211,000. River Road Asset Management LLC purchased a new position in shares of Relx in the 3rd quarter worth about $224,000. Finally, Checchi Capital Advisers LLC purchased a new position in shares of Relx in the 3rd quarter worth about $264,000. Hedge funds and other institutional investors own 4.04% of the company’s stock.

RELX opened at $20.53 on Friday. The company has a debt-to-equity ratio of 2.39, a quick ratio of 0.37 and a current ratio of 0.41. Relx PLC has a 1 year low of $19.23 and a 1 year high of $23.81.

Several equities analysts have recently issued reports on RELX shares. Barclays raised Relx from an “equal weight” rating to an “overweight” rating in a research report on Monday, September 24th. BNP Paribas raised Relx from an “underperform” rating to an “outperform” rating in a research report on Thursday. One investment analyst has rated the stock with a sell rating, one has assigned a hold rating and four have issued a buy rating to the stock. The stock presently has a consensus rating of “Buy” and an average price target of $23.00.

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Relx Company Profile

RELX PLC provides information and analytics for professional and business customers in the United States and internationally. It operates through four segments: Scientific, Technical & Medical; Risk & Business Analytics; Legal; and Exhibitions. The Scientific, Technical & Medical segment provides information and analytics to institutions and professionals.

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Institutional Ownership by Quarter for Relx (NYSE:RELX)

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