Capital International Investors Has $433.89 Million Holdings in Relx Plc $RELX

Capital International Investors grew its holdings in shares of Relx Plc (NYSE:RELX) by 66.7% during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 10,662,595 shares of the technology company’s stock after purchasing an additional 4,264,474 shares during the period. Capital International Investors owned about 0.58% of Relx worth $433,887,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently made changes to their positions in the business. Huntington National Bank grew its position in shares of Relx by 5.1% during the 3rd quarter. Huntington National Bank now owns 5,150 shares of the technology company’s stock worth $246,000 after purchasing an additional 250 shares in the last quarter. Bridgewater Advisors Inc. grew its position in shares of Relx by 2.5% during the 4th quarter. Bridgewater Advisors Inc. now owns 11,084 shares of the technology company’s stock worth $447,000 after purchasing an additional 267 shares in the last quarter. Geneos Wealth Management Inc. grew its position in shares of Relx by 7.4% during the 2nd quarter. Geneos Wealth Management Inc. now owns 4,007 shares of the technology company’s stock worth $218,000 after purchasing an additional 275 shares in the last quarter. Ashton Thomas Private Wealth LLC grew its position in shares of Relx by 5.4% during the 4th quarter. Ashton Thomas Private Wealth LLC now owns 5,511 shares of the technology company’s stock worth $223,000 after purchasing an additional 281 shares in the last quarter. Finally, Horizon Investments LLC boosted its position in shares of Relx by 23.0% during the 3rd quarter. Horizon Investments LLC now owns 1,517 shares of the technology company’s stock worth $72,000 after acquiring an additional 284 shares in the last quarter. Institutional investors and hedge funds own 15.02% of the company’s stock.

Analyst Upgrades and Downgrades

Several research firms recently issued reports on RELX. Zacks Research lowered shares of Relx from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, March 4th. Wall Street Zen lowered shares of Relx from a “buy” rating to a “hold” rating in a research report on Sunday, May 17th. Citigroup upgraded shares of Relx from a “neutral” rating to a “buy” rating in a research report on Wednesday, April 8th. Morgan Stanley lowered shares of Relx from an “overweight” rating to an “equal weight” rating in a research report on Thursday, May 7th. Finally, Weiss Ratings reiterated a “hold (c)” rating on shares of Relx in a research report on Friday, May 8th. One equities research analyst has rated the stock with a Strong Buy rating, four have issued a Buy rating and three have given a Hold rating to the company’s stock. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy”.

Relx Stock Performance

NYSE RELX opened at $35.17 on Monday. The company has a current ratio of 0.49, a quick ratio of 0.44 and a debt-to-equity ratio of 2.38. The firm’s 50 day simple moving average is $34.14 and its 200 day simple moving average is $36.12. Relx Plc has a 1 year low of $27.57 and a 1 year high of $54.37.

Relx Company Profile

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.