Ballentine Partners LLC Buys 3,353 Shares of Relx Plc (NYSE:RELX)

Ballentine Partners LLC boosted its stake in shares of Relx Plc (NYSE:RELX) by 22.4% in the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 18,304 shares of the technology company’s stock after acquiring an additional 3,353 shares during the quarter. Ballentine Partners LLC’s holdings in Relx were worth $792,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently made changes to their positions in RELX. Marcum Wealth LLC acquired a new position in shares of Relx in the 1st quarter worth approximately $202,000. Park Avenue Securities LLC boosted its stake in Relx by 59.4% in the first quarter. Park Avenue Securities LLC now owns 45,313 shares of the technology company’s stock worth $1,962,000 after purchasing an additional 16,879 shares in the last quarter. Fulton Bank N.A. acquired a new stake in shares of Relx in the first quarter valued at $235,000. GAMMA Investing LLC lifted its position in Relx by 24.7% during the 1st quarter. GAMMA Investing LLC now owns 6,912 shares of the technology company’s stock worth $299,000 after buying an additional 1,367 shares in the last quarter. Finally, Timber Creek Capital Management LLC bought a new stake in Relx during the 1st quarter worth about $43,000. 15.02% of the stock is owned by institutional investors.

Wall Street Analyst Weigh In

RELX has been the topic of a number of research reports. Berenberg Bank lowered shares of Relx from a “buy” rating to a “hold” rating in a research report on Friday, March 1st. StockNews.com lowered Relx from a “buy” rating to a “hold” rating in a research report on Thursday, April 25th.

Relx Stock Up 0.5 %

Shares of NYSE:RELX traded up $0.25 during midday trading on Monday, hitting $45.85. The company had a trading volume of 18,219 shares, compared to its average volume of 980,909. The firm has a fifty day simple moving average of $43.49 and a 200 day simple moving average of $42.30. The company has a quick ratio of 0.47, a current ratio of 0.52 and a debt-to-equity ratio of 1.51. Relx Plc has a 12 month low of $31.38 and a 12 month high of $45.92.

Relx Company Profile

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.