Perigon Wealth Management LLC Has $334,000 Stake in Relx Plc (NYSE:RELX)

Perigon Wealth Management LLC raised its position in Relx Plc (NYSE:RELX) by 11.3% during the fourth quarter, Holdings Channel reports. The firm owned 6,972 shares of the technology company’s stock after purchasing an additional 707 shares during the period. Perigon Wealth Management LLC’s holdings in Relx were worth $334,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Venturi Wealth Management LLC increased its stake in shares of Relx by 0.9% in the 3rd quarter. Venturi Wealth Management LLC now owns 24,164 shares of the technology company’s stock valued at $1,147,000 after acquiring an additional 214 shares in the last quarter. Ballentine Partners LLC increased its stake in shares of Relx by 1.4% in the 3rd quarter. Ballentine Partners LLC now owns 17,306 shares of the technology company’s stock valued at $821,000 after acquiring an additional 240 shares in the last quarter. Marshall Financial Group LLC increased its stake in shares of Relx by 0.8% in the 3rd quarter. Marshall Financial Group LLC now owns 30,515 shares of the technology company’s stock valued at $1,448,000 after acquiring an additional 246 shares in the last quarter. Procyon Advisors LLC increased its stake in shares of Relx by 4.1% in the 3rd quarter. Procyon Advisors LLC now owns 6,734 shares of the technology company’s stock valued at $320,000 after acquiring an additional 265 shares in the last quarter. Finally, Axxcess Wealth Management LLC increased its stake in shares of Relx by 5.3% in the 3rd quarter. Axxcess Wealth Management LLC now owns 5,270 shares of the technology company’s stock valued at $250,000 after acquiring an additional 266 shares in the last quarter. Institutional investors and hedge funds own 15.02% of the company’s stock.

Wall Street Analysts Forecast Growth

RELX has been the subject of a number of recent research reports. Redburn Atlantic initiated coverage on shares of Relx in a research note on Wednesday, January 8th. They set a “buy” rating for the company. StockNews.com initiated coverage on shares of Relx in a research note on Wednesday, October 30th. They set a “hold” rating for the company.

Relx Stock Performance

NYSE RELX opened at $49.87 on Monday. The company has a debt-to-equity ratio of 1.63, a quick ratio of 0.42 and a current ratio of 0.48. Relx Plc has a 52-week low of $40.25 and a 52-week high of $50.55. The company has a 50-day simple moving average of $47.13 and a 200 day simple moving average of $46.81.

About Relx

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.