Keybank National Association OH Buys Shares of 21,520 Relx Plc $RELX

Keybank National Association OH purchased a new position in shares of Relx Plc (NYSE:RELX) during the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm purchased 21,520 shares of the technology company’s stock, valued at approximately $713,000.

Several other institutional investors have also modified their holdings of RELX. Annis Gardner Whiting Capital Advisors LLC bought a new stake in Relx during the 4th quarter worth approximately $26,000. Cornerstone Planning Group LLC increased its position in shares of Relx by 2,574.1% during the fourth quarter. Cornerstone Planning Group LLC now owns 722 shares of the technology company’s stock worth $27,000 after acquiring an additional 695 shares in the last quarter. Transamerica Financial Advisors LLC increased its position in shares of Relx by 3,040.0% during the fourth quarter. Transamerica Financial Advisors LLC now owns 785 shares of the technology company’s stock worth $32,000 after acquiring an additional 760 shares in the last quarter. Manchester Capital Management LLC raised its holdings in shares of Relx by 1,823.6% during the fourth quarter. Manchester Capital Management LLC now owns 1,058 shares of the technology company’s stock worth $43,000 after acquiring an additional 1,003 shares during the period. Finally, Palladiem LLC acquired a new stake in shares of Relx during the fourth quarter worth $44,000. Institutional investors own 15.02% of the company’s stock.

Analyst Upgrades and Downgrades

A number of equities analysts recently weighed in on the stock. Morgan Stanley lowered shares of Relx from an “overweight” rating to an “equal weight” rating in a research note on Thursday, May 7th. The Goldman Sachs Group assumed coverage on shares of Relx in a research note on Wednesday, June 3rd. They set a “buy” rating for the company. Citigroup upgraded shares of Relx from a “neutral” rating to a “buy” rating in a report on Wednesday, April 8th. Weiss Ratings upgraded shares of Relx from a “hold (c-)” rating to a “hold (c)” rating in a research note on Monday. Finally, Wall Street Zen downgraded Relx from a “buy” rating to a “hold” rating in a research report on Sunday, May 17th. One equities research analyst has rated the stock with a Strong Buy rating, four have issued a Buy rating and three have assigned a Hold rating to the company. According to data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy”.

Relx Trading Up 1.7%

Shares of Relx stock opened at $32.82 on Wednesday. The company has a quick ratio of 0.44, a current ratio of 0.49 and a debt-to-equity ratio of 2.38. The business has a fifty day simple moving average of $33.16 and a two-hundred day simple moving average of $34.88. Relx Plc has a 1 year low of $27.57 and a 1 year high of $54.30.

Relx Company 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.