Aaron Wealth Advisors LLC Boosts Stock Position in Relx Plc $RELX

Aaron Wealth Advisors LLC boosted its position in Relx Plc (NYSE:RELX) by 86.0% in the 1st quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 34,815 shares of the technology company’s stock after purchasing an additional 16,102 shares during the quarter. Aaron Wealth Advisors LLC’s holdings in Relx were worth $1,154,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Annis Gardner Whiting Capital Advisors LLC acquired a new position in shares of Relx in the fourth quarter valued at approximately $26,000. Cornerstone Planning Group LLC boosted its position in Relx by 2,574.1% during the fourth quarter. Cornerstone Planning Group LLC now owns 722 shares of the technology company’s stock worth $27,000 after acquiring an additional 695 shares during the last quarter. Transamerica Financial Advisors LLC boosted its position in Relx by 3,040.0% during the fourth quarter. Transamerica Financial Advisors LLC now owns 785 shares of the technology company’s stock worth $32,000 after acquiring an additional 760 shares during the last quarter. Manchester Capital Management LLC grew its stake in Relx by 1,823.6% in the 4th quarter. Manchester Capital Management LLC now owns 1,058 shares of the technology company’s stock worth $43,000 after acquiring an additional 1,003 shares during the period. Finally, Palladiem LLC purchased a new stake in Relx in the 4th quarter worth approximately $44,000. 15.02% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Ratings Changes

A number of brokerages have issued reports on RELX. Zacks Research lowered Relx from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, March 4th. Citigroup raised shares of Relx from a “neutral” rating to a “buy” rating in a research note on Wednesday, April 8th. Weiss Ratings lowered shares of Relx from a “hold (c)” rating to a “hold (c-)” rating in a report on Monday, June 15th. Morgan Stanley cut shares of Relx from an “overweight” rating to an “equal weight” rating in a research report on Thursday, May 7th. Finally, Wall Street Zen downgraded shares of Relx from a “buy” rating to a “hold” rating in a report on Sunday, May 17th. One equities research analyst has rated the stock with a Strong Buy rating, four have assigned a Buy rating and three have issued a Hold rating to the company’s stock. According to MarketBeat, the stock has a consensus rating of “Moderate Buy”.

Relx Trading Up 1.5%

Shares of NYSE:RELX opened at $31.38 on Friday. Relx Plc has a fifty-two week low of $27.57 and a fifty-two week high of $54.37. The firm has a 50-day simple moving average of $33.81 and a 200 day simple moving average of $35.33. The company has a quick ratio of 0.44, a current ratio of 0.49 and a debt-to-equity ratio of 2.38.

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.