Relx Plc (NYSE:RELX) Shares Sold by Legacy Wealth Asset Management LLC

Legacy Wealth Asset Management LLC decreased its position in Relx Plc (NYSE:RELX) by 3.8% during the 1st quarter, according to its most recent disclosure with the SEC. The fund owned 14,433 shares of the technology company’s stock after selling 565 shares during the period. Legacy Wealth Asset Management LLC’s holdings in Relx were worth $625,000 at the end of the most recent reporting period.

A number of other hedge funds have also made changes to their positions in RELX. Goldman Sachs Group Inc. grew its position in shares of Relx by 13.5% in the fourth quarter. Goldman Sachs Group Inc. now owns 3,349,527 shares of the technology company’s stock valued at $132,842,000 after purchasing an additional 399,101 shares during the period. Dimensional Fund Advisors LP increased its stake in shares of Relx by 3.6% during the 4th quarter. Dimensional Fund Advisors LP now owns 2,694,052 shares of the technology company’s stock valued at $106,843,000 after acquiring an additional 94,052 shares during the last quarter. Royal Bank of Canada lifted its holdings in shares of Relx by 2.9% during the 3rd quarter. Royal Bank of Canada now owns 1,574,752 shares of the technology company’s stock worth $53,070,000 after acquiring an additional 43,644 shares during the period. Optiver Holding B.V. acquired a new stake in shares of Relx in the fourth quarter worth approximately $21,983,000. Finally, AEGON ASSET MANAGEMENT UK Plc purchased a new stake in Relx in the fourth quarter valued at approximately $16,120,000. Hedge funds and other institutional investors own 15.02% of the company’s stock.

Relx Stock Up 0.4 %

Relx stock opened at $45.69 on Friday. The stock’s 50 day moving average price is $44.15 and its 200 day moving average price is $42.64. The company has a debt-to-equity ratio of 1.51, a current ratio of 0.52 and a quick ratio of 0.47. Relx Plc has a one year low of $31.38 and a one year high of $46.29.

Wall Street Analysts Forecast Growth

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

Relx Company Profile

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.