96,787 Shares in Relx Plc $RELX Acquired by Graham Capital Management L.P.

Graham Capital Management L.P. purchased a new position in Relx Plc (NYSE:RELX) during the fourth quarter, HoldingsChannel reports. The fund purchased 96,787 shares of the technology company’s stock, valued at approximately $3,912,000.

A number of other institutional investors and hedge funds have also modified their holdings of the company. Optiver Holding B.V. purchased a new stake in Relx in the 3rd quarter valued at approximately $20,570,000. American Century Companies Inc. lifted its stake in Relx by 15.5% in the 3rd quarter. American Century Companies Inc. now owns 533,992 shares of the technology company’s stock valued at $25,504,000 after buying an additional 71,515 shares in the last quarter. Dimensional Fund Advisors LP lifted its stake in Relx by 7.9% in the 3rd quarter. Dimensional Fund Advisors LP now owns 3,446,125 shares of the technology company’s stock valued at $164,575,000 after buying an additional 252,390 shares in the last quarter. Captrust Financial Advisors lifted its stake in Relx by 6.1% in the 3rd quarter. Captrust Financial Advisors now owns 1,693,542 shares of the technology company’s stock valued at $80,884,000 after buying an additional 96,831 shares in the last quarter. Finally, JPMorgan Chase & Co. lifted its stake in Relx by 18.0% in the 3rd quarter. JPMorgan Chase & Co. now owns 1,007,921 shares of the technology company’s stock valued at $48,138,000 after buying an additional 153,821 shares in the last quarter. Institutional investors and hedge funds own 15.02% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of equities research analysts recently issued reports on RELX shares. Wall Street Zen lowered Relx from a “buy” rating to a “hold” rating in a research note on Sunday, May 17th. Weiss Ratings lowered Relx from a “hold (c)” rating to a “hold (c-)” rating in a research note on Monday. Citigroup raised Relx from a “neutral” rating to a “buy” rating in a research note on Wednesday, April 8th. Morgan Stanley lowered Relx from an “overweight” rating to an “equal weight” rating in a research note on Thursday, May 7th. Finally, Zacks Research lowered Relx from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, March 4th. One investment analyst has rated the stock with a Strong Buy rating, four have issued a Buy rating and three have issued a Hold rating to the company’s stock. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy”.

Relx Trading Down 0.1%

Shares of Relx stock opened at $32.81 on Wednesday. Relx Plc has a fifty-two week low of $27.57 and a fifty-two week high of $54.37. The business’s fifty day moving average is $34.25 and its two-hundred day moving average is $35.80. The company has a debt-to-equity ratio of 2.38, a current ratio of 0.49 and a quick ratio of 0.44.

Relx Profile

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.