Bleakley Financial Group LLC Raises Stock Position in Relx Plc (NYSE:RELX)

Bleakley Financial Group LLC grew its holdings in shares of Relx Plc (NYSE:RELX) by 15.0% during the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 12,072 shares of the technology company’s stock after purchasing an additional 1,574 shares during the period. Bleakley Financial Group LLC’s holdings in Relx were worth $523,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently bought and sold shares of RELX. Frazier Financial Advisors LLC purchased a new stake in Relx during the fourth quarter worth about $35,000. Parkside Financial Bank & Trust grew its position in shares of Relx by 81.1% during 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 in the last quarter. Financial Management Professionals Inc. grew its position in shares of Relx by 192.9% during the first quarter. Financial Management Professionals Inc. now owns 867 shares of the technology company’s stock worth $38,000 after buying an additional 571 shares in the last quarter. FSC Wealth Advisors LLC acquired a new position in shares of Relx during the fourth quarter worth about $42,000. Finally, Timber Creek Capital Management LLC acquired a new position in shares of Relx during the first quarter worth about $43,000. 15.02% of the stock is currently owned by hedge funds and other institutional investors.

Relx Price Performance

Shares of RELX opened at $45.30 on Friday. The stock has a 50 day moving average price of $45.03 and a 200 day moving average price of $43.13. The company has a quick ratio of 0.47, a current ratio of 0.52 and a debt-to-equity ratio of 1.51. Relx Plc has a 52-week low of $31.38 and a 52-week high of $46.65.

Analyst Upgrades and Downgrades

Separately, StockNews.com began coverage on Relx in a research report on Tuesday, June 25th. They set a “hold” rating for the company.

About Relx

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.