Claro Advisors LLC Acquires 491 Shares of Relx Plc (NYSE:RELX)

Claro Advisors LLC lifted its holdings in Relx Plc (NYSE:RELX) by 7.9% in the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 6,713 shares of the technology company’s stock after acquiring an additional 491 shares during the period. Claro Advisors LLC’s holdings in Relx were worth $291,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in RELX. LPL Financial LLC boosted its stake in Relx by 18.7% during the third quarter. LPL Financial LLC now owns 109,779 shares of the technology company’s stock worth $3,700,000 after buying an additional 17,283 shares during the period. Toronto Dominion Bank grew its holdings in Relx by 180.4% during the 3rd quarter. Toronto Dominion Bank now owns 4,206 shares of the technology company’s stock valued at $142,000 after purchasing an additional 2,706 shares during the last quarter. Glenmede Trust Co. NA raised its position in Relx by 20.5% in the 3rd quarter. Glenmede Trust Co. NA now owns 9,960 shares of the technology company’s stock worth $336,000 after purchasing an additional 1,696 shares during the period. AXQ Capital LP lifted its stake in Relx by 33.8% in the third quarter. AXQ Capital LP now owns 8,700 shares of the technology company’s stock worth $293,000 after purchasing an additional 2,200 shares during the last quarter. Finally, Evergreen Capital Management LLC boosted its position in shares of Relx by 5.6% during the third quarter. Evergreen Capital Management LLC now owns 12,176 shares of the technology company’s stock valued at $410,000 after buying an additional 644 shares during the period. Hedge funds and other institutional investors own 15.02% of the company’s stock.

Analyst Upgrades and Downgrades

Separately, StockNews.com began coverage on Relx in a research note on Tuesday, June 25th. They set a “hold” rating for the company.

Relx Price Performance

Shares of RELX stock opened at $45.20 on Tuesday. The company has a market capitalization of $84.62 billion, a P/E ratio of 26.43, a P/E/G ratio of 2.71 and a beta of 0.89. The company’s 50-day simple moving average is $43.94 and its two-hundred day simple moving average is $42.53. Relx Plc has a one year low of $31.38 and a one year high of $46.29. The company has a debt-to-equity ratio of 1.51, a current ratio of 0.52 and a quick ratio of 0.47.

About Relx

RELX PLC, together with its subsidiaries, provides information-based analytics and decision tools for professional and business customers in North America, Europe, and internationally. It operates through four segments: Risk; Scientific, Technical & Medical; Legal; and Exhibitions. The Risk segment offers information-based analytics and decision tools that combine public and industry specific content with technology and algorithms to assist clients in evaluating and predicting risk.