Vestmark Advisory Solutions Inc. Purchases 1,888 Shares of Relx PLC (NYSE:RELX)

Vestmark Advisory Solutions Inc. raised its position in shares of Relx PLC (NYSE:RELX) by 6.3% in the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 31,737 shares of the technology company’s stock after purchasing an additional 1,888 shares during the period. Vestmark Advisory Solutions Inc.’s holdings in Relx were worth $753,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds and other institutional investors have also recently modified their holdings of the business. Tower Research Capital LLC TRC acquired a new position in shares of Relx in the 3rd quarter valued at about $38,000. SG Americas Securities LLC lifted its holdings in shares of Relx by 17.6% in the 3rd quarter. SG Americas Securities LLC now owns 141,924 shares of the technology company’s stock valued at $3,366,000 after buying an additional 21,273 shares during the period. Parallel Advisors LLC lifted its holdings in shares of Relx by 26.0% in the 3rd quarter. Parallel Advisors LLC now owns 4,065 shares of the technology company’s stock valued at $96,000 after buying an additional 840 shares during the period. Willingdon Wealth Management lifted its holdings in shares of Relx by 18.9% in the 3rd quarter. Willingdon Wealth Management now owns 5,919 shares of the technology company’s stock valued at $140,000 after buying an additional 939 shares during the period. Finally, Wetherby Asset Management Inc. lifted its holdings in shares of Relx by 9.6% in the 3rd quarter. Wetherby Asset Management Inc. now owns 57,916 shares of the technology company’s stock valued at $1,374,000 after buying an additional 5,097 shares during the period. 2.90% of the stock is owned by institutional investors and hedge funds.

Several equities analysts have recently issued reports on RELX shares. Zacks Investment Research cut Relx from a “buy” rating to a “hold” rating in a report on Thursday, September 26th. ValuEngine raised Relx from a “strong sell” rating to a “sell” rating in a report on Tuesday, October 29th.

Shares of RELX stock traded up $0.07 on Wednesday, hitting $23.99. The company had a trading volume of 252,700 shares, compared to its average volume of 396,796. The firm has a market cap of $46.44 billion, a P/E ratio of 21.23, a price-to-earnings-growth ratio of 3.06 and a beta of 0.45. The company has a 50-day moving average price of $23.43 and a 200-day moving average price of $23.64. The company has a quick ratio of 0.40, a current ratio of 0.45 and a debt-to-equity ratio of 2.58. Relx PLC has a twelve month low of $19.66 and a twelve month high of $24.99.

Relx Company Profile

RELX PLC provides information based-analytics and decision tools for professional and business customers in the United States and internationally. It operates through four segments: Scientific, Technical & Medical; Risk & Business Analytics; and Exhibitions. The Scientific, Technical & Medical segment provides information and analytics to institutions and professionals that enables progress in science, advance healthcare, and performance improvement.

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Institutional Ownership by Quarter for Relx (NYSE:RELX)

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