Relx Plc (NYSE:RELX) Holdings Raised by OneAscent Financial Services LLC

OneAscent Financial Services LLC grew its position in Relx Plc (NYSE:RELX) by 15.1% in the fourth quarter, Holdings Channel.com reports. The fund owned 22,214 shares of the technology company’s stock after buying an additional 2,921 shares during the period. OneAscent Financial Services LLC’s holdings in Relx were worth $548,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors have also recently modified their holdings of RELX. AXA S.A. bought a new position in Relx during the 3rd quarter worth $31,000. Private Advisor Group LLC bought a new position in Relx during the 2nd quarter worth $33,000. FNY Investment Advisers LLC bought a new position in Relx during the 3rd quarter worth $36,000. Hexagon Capital Partners LLC bought a new position in Relx during the 3rd quarter worth $41,000. Finally, RMR Wealth Builders bought a new position in Relx during the 2nd quarter worth $42,000. Institutional investors and hedge funds own 3.58% of the company’s stock.

NYSE RELX opened at $24.86 on Thursday. The company has a current ratio of 0.47, a quick ratio of 0.42 and a debt-to-equity ratio of 3.15. The company has a fifty day simple moving average of $24.37 and a 200 day simple moving average of $22.92. The company has a market cap of $48.02 billion, a P/E ratio of 20.89, a P/E/G ratio of 3.41 and a beta of 0.56. Relx Plc has a 1 year low of $16.81 and a 1 year high of $27.25.

A number of research analysts recently commented on the company. Zacks Investment Research upgraded Relx from a “sell” rating to a “hold” rating in a research note on Tuesday, September 22nd. Barclays restated an “overweight” rating on shares of Relx in a research note on Friday, October 23rd. Berenberg Bank restated a “hold” rating on shares of Relx in a research note on Tuesday. UBS Group restated a “neutral” rating on shares of Relx in a research note on Friday, October 23rd. Finally, Kepler Capital Markets raised Relx from a “hold” rating to a “buy” rating in a research note on Wednesday, December 9th. Six equities research analysts have rated the stock with a hold rating and eight have given a buy rating to the company. The stock has a consensus rating of “Buy” and an average price target of $26.00.

About Relx

RELX PLC provides information-based analytics and decision tools for professional and business customers in North America, Europe, and internationally. It operates through four segments: Scientific, Technical & Medical; Risk & Business Analytics; Legal; and Exhibitions. The Scientific, Technical & Medical segment provides information and analytics that help institutions and professionals to progress in science and advance healthcare.

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