LVW Advisors LLC Raises Stake in Relx Plc (NYSE:RELX)

LVW Advisors LLC boosted its holdings in shares of Relx Plc (NYSE:RELX) by 90.2% in the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 14,941 shares of the technology company’s stock after acquiring an additional 7,086 shares during the period. LVW Advisors LLC’s holdings in Relx were worth $647,000 at the end of the most recent reporting period.

A number of other large investors also recently bought and sold shares of the business. Blue Zone Wealth Advisors LLC purchased a new position in Relx during the 1st quarter valued at about $4,401,000. Financial Management Professionals Inc. lifted its position in Relx by 192.9% during the 1st quarter. Financial Management Professionals Inc. now owns 867 shares of the technology company’s stock valued at $38,000 after acquiring an additional 571 shares during the period. Kathmere Capital Management LLC increased its stake in Relx by 22.3% during the 1st quarter. Kathmere Capital Management LLC now owns 39,604 shares of the technology company’s stock valued at $1,714,000 after purchasing an additional 7,230 shares in the last quarter. Capital Insight Partners LLC increased its stake in Relx by 7.6% during the 1st quarter. Capital Insight Partners LLC now owns 87,593 shares of the technology company’s stock valued at $3,792,000 after purchasing an additional 6,183 shares in the last quarter. Finally, Pinnacle Bancorp Inc. increased its stake in Relx by 90.9% during the 1st quarter. Pinnacle Bancorp Inc. now owns 983 shares of the technology company’s stock valued at $43,000 after purchasing an additional 468 shares in the last quarter. 15.02% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

Separately, StockNews.com initiated coverage on shares of 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 50 day moving average price of $43.94 and a 200-day moving average price of $42.53. Relx Plc has a 52 week low of $31.38 and a 52 week high of $46.29. The company has a current ratio of 0.52, a quick ratio of 0.47 and a debt-to-equity ratio of 1.51.

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.