Relx Plc $RELX Stock Position Reduced by O Shaughnessy Asset Management LLC

O Shaughnessy Asset Management LLC lessened its position in shares of Relx Plc (NYSE:RELX) by 16.0% during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 377,412 shares of the technology company’s stock after selling 71,921 shares during the period. O Shaughnessy Asset Management LLC’s holdings in Relx were worth $15,255,000 as of its most recent SEC filing.

Other large investors also recently bought and sold shares of the company. Optiver Holding B.V. bought a new position in Relx during the 3rd quarter worth approximately $20,570,000. American Century Companies Inc. raised its position in shares of Relx by 15.5% during the 3rd quarter. American Century Companies Inc. now owns 533,992 shares of the technology company’s stock worth $25,504,000 after purchasing an additional 71,515 shares during the period. Dimensional Fund Advisors LP raised its position in shares of Relx by 7.9% during the 3rd quarter. Dimensional Fund Advisors LP now owns 3,446,125 shares of the technology company’s stock worth $164,575,000 after purchasing an additional 252,390 shares during the period. Captrust Financial Advisors raised its position in shares of Relx by 6.1% during the 3rd quarter. Captrust Financial Advisors now owns 1,693,542 shares of the technology company’s stock worth $80,884,000 after purchasing an additional 96,831 shares during the period. Finally, ABC Arbitrage SA raised its position in shares of Relx by 13.7% during the 3rd quarter. ABC Arbitrage SA now owns 637,699 shares of the technology company’s stock worth $30,457,000 after purchasing an additional 76,741 shares during the period. Institutional investors own 15.02% of the company’s stock.

Relx Price Performance

RELX opened at $34.90 on Wednesday. Relx Plc has a 12 month low of $27.57 and a 12 month high of $54.37. The company has a debt-to-equity ratio of 2.38, a quick ratio of 0.44 and a current ratio of 0.49. The stock’s 50 day moving average price is $34.25 and its 200 day moving average price is $36.04.

Wall Street Analyst Weigh In

A number of brokerages have recently weighed in on RELX. Wall Street Zen cut Relx from a “buy” rating to a “hold” rating in a research report on Sunday, May 17th. Weiss Ratings reiterated a “hold (c)” rating on shares of Relx in a research report on Friday, May 8th. Citigroup upgraded Relx from a “neutral” rating to a “buy” rating in a research report on Wednesday, April 8th. The Goldman Sachs Group began coverage on Relx in a research report on Wednesday, June 3rd. They set a “buy” rating on the stock. Finally, Morgan Stanley cut Relx from an “overweight” rating to an “equal weight” rating in a research report on Thursday, May 7th. One research analyst has rated the stock with a Strong Buy rating, four have assigned a Buy rating and three have given a Hold rating to the stock. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy”.

About Relx

RELX plc is a global provider of information, analytics and decision tools for professional and business customers. The company supplies content, data and analytical services that support decision-making across scientific, technical and medical research, legal and regulatory practice, and risk and business analytics. RELX’s offerings are largely delivered via digital platforms and subscription services designed for institutions, corporations and professionals who require specialized, high-value information and workflow solutions.

RELX operates through distinct business lines that include Elsevier, which provides scientific, technical and medical journals, books and online platforms such as research and discovery tools; Legal and Professional services, which deliver legal, regulatory and compliance content and workflow solutions; Risk & Business Analytics, which offers data, analytics and decision tools for insurance, banking, corporate and government risk assessment; and Exhibitions, which organizes industry trade shows and events.