Relx Plc (NYSE:RELX) Shares Purchased by MGO One Seven LLC

MGO One Seven LLC increased its holdings in Relx Plc (NYSE:RELXFree Report) by 8.9% during the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 17,875 shares of the technology company’s stock after purchasing an additional 1,468 shares during the quarter. MGO One Seven LLC’s holdings in Relx were worth $602,000 at the end of the most recent quarter.

A number of other large investors have also made changes to their positions in RELX. Tower Research Capital LLC TRC purchased a new position in Relx during the first quarter valued at approximately $26,000. Resurgent Financial Advisors LLC bought a new stake in Relx in the fourth quarter worth approximately $27,000. Janiczek Wealth Management LLC grew its position in Relx by 147.5% in the third quarter. Janiczek Wealth Management LLC now owns 990 shares of the technology company’s stock worth $33,000 after acquiring an additional 590 shares in the last quarter. Milestone Investment Advisors LLC bought a new stake in Relx in the first quarter worth approximately $37,000. Finally, Private Trust Co. NA grew its position in Relx by 293.8% in the second quarter. Private Trust Co. NA now owns 1,205 shares of the technology company’s stock worth $40,000 after acquiring an additional 899 shares in the last quarter. Institutional investors and hedge funds own 3.56% of the company’s stock.

Relx Price Performance

Shares of NYSE:RELX traded up $0.24 during mid-day trading on Friday, reaching $41.74. The stock had a trading volume of 624,263 shares, compared to its average volume of 940,303. The company has a debt-to-equity ratio of 1.62, a quick ratio of 0.42 and a current ratio of 0.48. The firm has a 50 day simple moving average of $39.41 and a two-hundred day simple moving average of $35.76. Relx Plc has a twelve month low of $28.79 and a twelve month high of $41.83.

Wall Street Analysts Forecast Growth

RELX has been the subject of several recent analyst reports. StockNews.com downgraded shares of Relx from a “buy” rating to a “hold” rating in a report on Thursday. Barclays upped their price objective on shares of Relx from GBX 2,770 ($35.20) to GBX 2,860 ($36.34) in a report on Monday, October 2nd. Finally, The Goldman Sachs Group raised shares of Relx from a “neutral” rating to a “buy” rating in a report on Tuesday, October 3rd. Two analysts have rated the stock with a hold rating and three have given a buy rating to the stock. Based on data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average price target of $2,898.33.

Read Our Latest Stock Analysis on RELX

Relx Profile

(Free Report)

RELX PLC, together with its subsidiaries, provides information-based analytics and decision tools for professional and business customers in North America, Europe, and internationally. It operates through four segments: Risk; Scientific, Technical & Medical; Legal; and Exhibitions. The Risk segment offers information-based analytics and decision tools that combine public and industry specific content with technology and algorithms to assist clients in evaluating and predicting risk.

Recommended Stories

Want to see what other hedge funds are holding RELX? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Relx Plc (NYSE:RELXFree Report).

Institutional Ownership by Quarter for Relx (NYSE:RELX)

Receive News & Ratings for Relx Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Relx and related companies with MarketBeat.com's FREE daily email newsletter.