Lmcg Investments LLC Has $1.39 Million Stock Holdings in Relx Plc (NYSE:RELX)

Lmcg Investments LLC trimmed its position in Relx Plc (NYSE:RELX) by 34.2% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 30,485 shares of the technology company’s stock after selling 15,813 shares during the quarter. Lmcg Investments LLC’s holdings in Relx were worth $1,385,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors have also bought and sold shares of the company. FMR LLC lifted its holdings in shares of Relx by 8.3% during the third quarter. FMR LLC now owns 7,148,837 shares of the technology company’s stock worth $339,284,000 after buying an additional 548,423 shares during the last quarter. Mediolanum International Funds Ltd bought a new position in Relx during the third quarter worth $12,902,000. Clearbridge Investments LLC raised its stake in Relx by 7.2% during the 2nd quarter. Clearbridge Investments LLC now owns 2,260,445 shares of the technology company’s stock valued at $103,709,000 after purchasing an additional 152,154 shares during the last quarter. Bank of Montreal Can boosted its holdings in Relx by 194.9% in the 3rd quarter. Bank of Montreal Can now owns 227,211 shares of the technology company’s stock valued at $10,806,000 after purchasing an additional 150,163 shares during the period. Finally, Public Employees Retirement System of Ohio acquired a new stake in Relx in the 3rd quarter worth $6,366,000. 15.02% of the stock is currently owned by institutional investors and hedge funds.

Relx Stock Performance

RELX opened at $49.53 on Wednesday. Relx Plc has a fifty-two week low of $40.25 and a fifty-two week high of $49.57. The company has a current ratio of 0.48, a quick ratio of 0.42 and a debt-to-equity ratio of 1.63. The firm’s fifty day moving average price is $46.45 and its two-hundred day moving average price is $46.61.

Wall Street Analyst Weigh In

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

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.