180 Wealth Advisors LLC Increases Stock Holdings in Relx Plc $RELX

180 Wealth Advisors LLC boosted its holdings in shares of Relx Plc (NYSE:RELX) by 17.1% during the 2nd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 5,296 shares of the technology company’s stock after purchasing an additional 773 shares during the quarter. 180 Wealth Advisors LLC’s holdings in Relx were worth $288,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently bought and sold shares of the business. Goldman Sachs Group Inc. increased its holdings in Relx by 4.5% during the 1st quarter. Goldman Sachs Group Inc. now owns 4,072,342 shares of the technology company’s stock worth $205,287,000 after purchasing an additional 173,976 shares during the last quarter. Ameriprise Financial Inc. increased its holdings in Relx by 8.3% during the 1st quarter. Ameriprise Financial Inc. now owns 3,041,132 shares of the technology company’s stock worth $154,129,000 after purchasing an additional 234,094 shares during the last quarter. Northern Trust Corp increased its holdings in Relx by 9.2% during the 1st quarter. Northern Trust Corp now owns 2,394,097 shares of the technology company’s stock worth $120,686,000 after purchasing an additional 202,509 shares during the last quarter. Natixis Advisors LLC increased its holdings in Relx by 0.5% during the 1st quarter. Natixis Advisors LLC now owns 1,208,467 shares of the technology company’s stock worth $60,919,000 after purchasing an additional 5,875 shares during the last quarter. Finally, Connor Clark & Lunn Investment Management Ltd. increased its holdings in Relx by 103.4% during the 1st quarter. Connor Clark & Lunn Investment Management Ltd. now owns 444,360 shares of the technology company’s stock worth $22,400,000 after purchasing an additional 225,947 shares during the last quarter. 15.02% of the stock is currently owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

RELX has been the topic of several analyst reports. Weiss Ratings restated a “buy (b)” rating on shares of Relx in a report on Saturday. Morgan Stanley restated an “overweight” rating on shares of Relx in a report on Thursday, September 11th. Kepler Capital Markets upgraded Relx from a “hold” rating to a “strong-buy” rating in a research report on Thursday, September 18th. Barclays reiterated an “overweight” rating on shares of Relx in a research report on Tuesday, October 7th. Finally, Wall Street Zen lowered Relx from a “buy” rating to a “hold” rating in a research report on Friday, September 5th. One research analyst has rated the stock with a Strong Buy rating and five have given a Buy rating to the company. According to MarketBeat.com, the stock presently has a consensus rating of “Buy”.

Relx Stock Performance

NYSE:RELX opened at $46.64 on Friday. Relx Plc has a 12-month low of $44.19 and a 12-month high of $56.33. The company has a debt-to-equity ratio of 2.55, a quick ratio of 0.42 and a current ratio of 0.47. The business has a 50 day simple moving average of $46.62 and a 200 day simple moving average of $50.60.

Relx 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.