Clearbridge Investments LLC Sells 29,945 Shares of Relx Plc (NYSE:RELX)

Clearbridge Investments LLC lowered its holdings in Relx Plc (NYSE:RELX) by 1.4% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 2,117,567 shares of the technology company’s stock after selling 29,945 shares during the period. Clearbridge Investments LLC owned about 0.11% of Relx worth $83,983,000 as of its most recent SEC filing.

Other institutional investors have also recently bought and sold shares of the company. Milestone Investment Advisors LLC bought a new position in shares of Relx during the 3rd quarter valued at approximately $34,000. Parkside Financial Bank & Trust increased its position in Relx by 81.1% in the fourth quarter. Parkside Financial Bank & Trust now owns 909 shares of the technology company’s stock worth $36,000 after buying an additional 407 shares during the last quarter. NBC Securities Inc. bought a new stake in shares of Relx in the third quarter valued at $38,000. FSC Wealth Advisors LLC purchased a new position in shares of Relx during the 4th quarter valued at $42,000. Finally, Bruce G. Allen Investments LLC bought a new position in shares of Relx during the 4th quarter worth $48,000. Institutional investors own 15.02% of the company’s stock.

Analyst Ratings Changes

RELX has been the topic of several recent research reports. StockNews.com downgraded shares of Relx from a “buy” rating to a “hold” rating in a report on Thursday, April 25th. Berenberg Bank downgraded shares of Relx from a “buy” rating to a “hold” rating in a report on Friday, March 1st.

Relx Stock Up 0.1 %

Shares of Relx stock opened at $44.28 on Wednesday. The company’s 50-day moving average price is $42.56 and its 200-day moving average price is $41.10. Relx Plc has a 12-month low of $30.10 and a 12-month high of $44.75. 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 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.