Marks Group Wealth Management Inc Boosts Stake in Relx Plc (NYSE:RELX)

Marks Group Wealth Management Inc boosted its holdings in shares of Relx Plc (NYSE:RELX) by 1.3% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 26,196 shares of the technology company’s stock after acquiring an additional 325 shares during the period. Marks Group Wealth Management Inc’s holdings in Relx were worth $1,190,000 at the end of the most recent reporting period.

Other hedge funds also recently bought and sold shares of the company. CENTRAL TRUST Co raised its holdings in shares of Relx by 1,290.2% during the 4th quarter. CENTRAL TRUST Co now owns 570 shares of the technology company’s stock worth $26,000 after acquiring an additional 529 shares during the period. Versant Capital Management Inc acquired a new stake in Relx during the fourth quarter worth about $31,000. Private Trust Co. NA raised its stake in Relx by 119.9% during the third quarter. Private Trust Co. NA now owns 1,038 shares of the technology company’s stock worth $49,000 after purchasing an additional 566 shares during the period. Wilmington Savings Fund Society FSB acquired a new position in Relx in the 3rd quarter valued at about $125,000. Finally, Whittier Trust Co. of Nevada Inc. grew its stake in shares of Relx by 33.9% in the 3rd quarter. Whittier Trust Co. of Nevada Inc. now owns 3,952 shares of the technology company’s stock valued at $188,000 after buying an additional 1,000 shares during the period. Institutional investors and hedge funds own 15.02% of the company’s stock.

Analysts Set New Price Targets

RELX has been the topic of a number of recent analyst reports. Redburn Atlantic began coverage on Relx in a report on Wednesday, January 8th. They issued a “buy” rating on the stock. StockNews.com initiated coverage on Relx in a research note on Wednesday, October 30th. They issued a “hold” rating on the stock.

Relx Price Performance

Shares of RELX opened at $51.46 on Thursday. The firm has a 50-day simple moving average of $47.59 and a two-hundred day simple moving average of $47.06. Relx Plc has a 1-year low of $40.25 and a 1-year high of $51.54. The company has a current ratio of 0.48, a quick ratio of 0.42 and a debt-to-equity ratio of 1.63.

Relx Company Profile

RELX Plc engages in provision of information and analytics solutions for professional and business customers across industries. It operates through the following business segments: Scientific, Technical & Medical; Risk & Business Analytics; Legal; and Exhibitions. The Scientific, Technical & Medical segment is a global information analytics business that helps institutions and professionals advance healthcare, open science, and improve performance for the benefit of humanity.