Quadrant Capital Group LLC Buys 1,873 Shares of Relx Plc $RELX

Quadrant Capital Group LLC grew its position in Relx Plc (NYSE:RELX) by 3.0% in the second quarter, according to its most recent filing with the SEC. The fund owned 64,537 shares of the technology company’s stock after acquiring an additional 1,873 shares during the period. Quadrant Capital Group LLC’s holdings in Relx were worth $3,507,000 as of its most recent filing with the SEC.

Other hedge funds also recently modified their holdings of the company. WPG Advisers LLC acquired a new position in Relx in the 1st quarter worth about $28,000. NewSquare Capital LLC increased its stake in shares of Relx by 522.0% in the second quarter. NewSquare Capital LLC now owns 566 shares of the technology company’s stock valued at $31,000 after buying an additional 475 shares during the period. Caitong International Asset Management Co. Ltd raised its holdings in Relx by 99.3% in the 2nd quarter. Caitong International Asset Management Co. Ltd now owns 608 shares of the technology company’s stock valued at $33,000 after buying an additional 303 shares during the last quarter. Harbor Asset Planning Inc. acquired a new stake in Relx during the 2nd quarter worth approximately $37,000. Finally, Harbour Investments Inc. boosted its position in Relx by 56.1% during the 2nd quarter. Harbour Investments Inc. now owns 1,113 shares of the technology company’s stock worth $60,000 after buying an additional 400 shares during the period. Institutional investors and hedge funds own 15.02% of the company’s stock.

Relx Price Performance

Shares of RELX stock opened at $40.19 on Friday. Relx Plc has a fifty-two week low of $39.31 and a fifty-two week high of $56.33. The company has a current ratio of 0.47, a quick ratio of 0.42 and a debt-to-equity ratio of 2.55. The stock has a 50 day simple moving average of $44.31 and a two-hundred day simple moving average of $48.89.

Wall Street Analysts Forecast Growth

Several equities analysts have issued reports on the stock. Wall Street Zen cut shares of Relx from a “buy” rating to a “hold” rating in a research report on Saturday, November 8th. Weiss Ratings reissued a “hold (c+)” rating on shares of Relx in a research note on Tuesday. Kepler Capital Markets upgraded Relx from a “hold” rating to a “strong-buy” rating in a report on Thursday, September 18th. Barclays reaffirmed an “overweight” rating on shares of Relx in a report on Tuesday, October 7th. Finally, Morgan Stanley reissued an “overweight” rating on shares of Relx in a research note on Thursday, September 11th. One research analyst has rated the stock with a Strong Buy rating, four have given a Buy rating and one has issued a Hold rating to the company. According to data from MarketBeat, Relx presently has an average rating of “Buy”.

About Relx

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.