Relx Plc $RELX Shares Bought by Osaic Holdings Inc.

Osaic Holdings Inc. grew its holdings in shares of Relx Plc (NYSE:RELX) by 82.5% during the second quarter, according to its most recent Form 13F filing with the SEC. The firm owned 41,505 shares of the technology company’s stock after purchasing an additional 18,758 shares during the period. Osaic Holdings Inc.’s holdings in Relx were worth $2,242,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also modified their holdings of RELX. Goldman Sachs Group Inc. grew its position in Relx by 4.5% in the 1st quarter. Goldman Sachs Group Inc. now owns 4,072,342 shares of the technology company’s stock valued at $205,287,000 after buying an additional 173,976 shares in the last quarter. Ameriprise Financial Inc. lifted its stake in shares of Relx by 10.0% in the 2nd quarter. Ameriprise Financial Inc. now owns 3,344,134 shares of the technology company’s stock worth $181,569,000 after acquiring an additional 303,002 shares during the period. Captrust Financial Advisors boosted its holdings in shares of Relx by 5.5% in the second quarter. Captrust Financial Advisors now owns 1,596,711 shares of the technology company’s stock valued at $86,765,000 after acquiring an additional 83,196 shares in the last quarter. Orion Porfolio Solutions LLC increased its stake in shares of Relx by 622.0% during the second quarter. Orion Porfolio Solutions LLC now owns 1,350,189 shares of the technology company’s stock valued at $73,369,000 after acquiring an additional 1,163,189 shares during the period. Finally, Raymond James Financial Inc. increased its stake in shares of Relx by 3.6% during the second quarter. Raymond James Financial Inc. now owns 1,011,756 shares of the technology company’s stock valued at $54,979,000 after acquiring an additional 35,584 shares during the period. 15.02% of the stock is currently owned by institutional investors.

Relx Trading Down 0.0%

Shares of RELX opened at $41.08 on Friday. The business’s 50-day moving average price is $41.93 and its 200 day moving average price is $46.84. The company has a debt-to-equity ratio of 2.55, a current ratio of 0.47 and a quick ratio of 0.42. Relx Plc has a 1-year low of $39.31 and a 1-year high of $56.33.

Wall Street Analyst Weigh In

A number of brokerages have issued reports on RELX. Wall Street Zen lowered Relx from a “buy” rating to a “hold” rating in a research note on Saturday, November 8th. Barclays reaffirmed an “overweight” rating on shares of Relx in a research note on Tuesday, October 7th. Weiss Ratings reiterated a “hold (c+)” rating on shares of Relx in a research report on Monday, December 22nd. Kepler Capital Markets upgraded shares of Relx from a “hold” rating to a “strong-buy” rating in a research report on Thursday, September 18th. Finally, Morgan Stanley reaffirmed an “overweight” rating on shares of Relx in a research note on Thursday, September 11th. One research analyst has rated the stock with a Strong Buy rating, five have assigned a Buy rating and one has issued a Hold rating to the company. According to data from MarketBeat.com, Relx currently has a consensus rating of “Buy”.

About Relx

RELX plc is a global provider of information, analytics and decision tools for professional and business customers. The company supplies content, data and analytical services that support decision-making across scientific, technical and medical research, legal and regulatory practice, and risk and business analytics. RELX’s offerings are largely delivered via digital platforms and subscription services designed for institutions, corporations and professionals who require specialized, high-value information and workflow solutions.

RELX operates through distinct business lines that include Elsevier, which provides scientific, technical and medical journals, books and online platforms such as research and discovery tools; Legal and Professional services, which deliver legal, regulatory and compliance content and workflow solutions; Risk & Business Analytics, which offers data, analytics and decision tools for insurance, banking, corporate and government risk assessment; and Exhibitions, which organizes industry trade shows and events.