6,618 Shares in Relx Plc (NYSE:RELX) Purchased by Merit Financial Group LLC

Merit Financial Group LLC bought a new position in shares of Relx Plc (NYSE:RELX) during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor bought 6,618 shares of the technology company’s stock, valued at approximately $301,000.

Other hedge funds and other institutional investors have also recently made changes to their positions in the company. Versant Capital Management Inc bought a new stake in shares of Relx during the fourth quarter valued at approximately $31,000. Private Trust Co. NA boosted its holdings in shares of Relx by 119.9% during the 3rd quarter. Private Trust Co. NA now owns 1,038 shares of the technology company’s stock valued at $49,000 after buying an additional 566 shares in the last quarter. Wilmington Savings Fund Society FSB purchased a new stake in shares of Relx in the 3rd quarter worth about $125,000. Grove Bank & Trust increased its stake in shares of Relx by 10.2% in the 3rd quarter. Grove Bank & Trust now owns 3,758 shares of the technology company’s stock worth $178,000 after acquiring an additional 348 shares in the last quarter. Finally, Whittier Trust Co. of Nevada Inc. increased its stake in shares of Relx by 33.9% in the 3rd quarter. Whittier Trust Co. of Nevada Inc. now owns 3,952 shares of the technology company’s stock worth $188,000 after acquiring an additional 1,000 shares in the last quarter. Hedge funds and other institutional investors own 15.02% of the company’s stock.

Analysts Set New Price Targets

RELX has been the topic of a number of recent research reports. StockNews.com assumed coverage on shares of Relx in a report on Wednesday, October 30th. They issued a “hold” rating on the stock. Redburn Atlantic assumed coverage on Relx in a research report on Wednesday, January 8th. They issued a “buy” rating on the stock.

Relx Trading Down 1.1 %

RELX opened at $48.85 on Friday. The stock has a 50-day moving average price of $46.73 and a 200-day moving average price of $46.69. Relx Plc has a 1 year low of $40.25 and a 1 year high of $49.57. The company has a quick ratio of 0.42, a current ratio of 0.48 and a debt-to-equity ratio of 1.63.

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.