Relx Plc $RELX Shares Sold by O Shaughnessy Asset Management LLC

O Shaughnessy Asset Management LLC lowered its stake in Relx Plc (NYSE:RELX) by 16.0% in the fourth quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 377,412 shares of the technology company’s stock after selling 71,921 shares during the quarter. O Shaughnessy Asset Management LLC’s holdings in Relx were worth $15,255,000 as of its most recent filing with the SEC.

A number of other large investors have also modified their holdings of the stock. Huntington National Bank grew its stake in shares of Relx by 5.1% in the third quarter. Huntington National Bank now owns 5,150 shares of the technology company’s stock valued at $246,000 after buying an additional 250 shares in the last quarter. Bridgewater Advisors Inc. grew its stake in shares of Relx by 2.5% in the fourth quarter. Bridgewater Advisors Inc. now owns 11,084 shares of the technology company’s stock valued at $447,000 after buying an additional 267 shares in the last quarter. Geneos Wealth Management Inc. grew its stake in shares of Relx by 7.4% in the second quarter. Geneos Wealth Management Inc. now owns 4,007 shares of the technology company’s stock valued at $218,000 after buying an additional 275 shares in the last quarter. Ashton Thomas Private Wealth LLC grew its stake in shares of Relx by 5.4% in the fourth quarter. Ashton Thomas Private Wealth LLC now owns 5,511 shares of the technology company’s stock valued at $223,000 after buying an additional 281 shares in the last quarter. Finally, Horizon Investments LLC grew its stake in shares of Relx by 23.0% in the third quarter. Horizon Investments LLC now owns 1,517 shares of the technology company’s stock valued at $72,000 after buying an additional 284 shares in the last quarter. Institutional investors and hedge funds own 15.02% of the company’s stock.

Relx Stock Performance

Shares of RELX opened at $34.90 on Wednesday. Relx Plc has a one year low of $27.57 and a one year high of $54.37. The company has a debt-to-equity ratio of 2.38, a current ratio of 0.49 and a quick ratio of 0.44. The stock has a 50-day moving average price of $34.25 and a 200 day moving average price of $36.04.

Wall Street Analysts Forecast Growth

A number of equities research analysts have recently issued reports on the company. The Goldman Sachs Group assumed coverage on Relx in a research note on Wednesday, June 3rd. They issued a “buy” rating for the company. Weiss Ratings reiterated a “hold (c)” rating on shares of Relx in a research note on Friday, May 8th. Morgan Stanley lowered Relx from an “overweight” rating to an “equal weight” rating in a research note on Thursday, May 7th. Citigroup upgraded Relx from a “neutral” rating to a “buy” rating in a research note on Wednesday, April 8th. Finally, Zacks Research downgraded Relx from a “strong-buy” rating to a “hold” rating in a report on Wednesday, March 4th. One investment analyst has rated the stock with a Strong Buy rating, four have given a Buy rating and three have given a Hold rating to the stock. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy”.

Relx Profile

RELX plc is a global provider of information, analytics and decision tools for professional and business customers. The company supplies content, data and analytical services that support decision-making across scientific, technical and medical research, legal and regulatory practice, and risk and business analytics. RELX’s offerings are largely delivered via digital platforms and subscription services designed for institutions, corporations and professionals who require specialized, high-value information and workflow solutions.

RELX operates through distinct business lines that include Elsevier, which provides scientific, technical and medical journals, books and online platforms such as research and discovery tools; Legal and Professional services, which deliver legal, regulatory and compliance content and workflow solutions; Risk & Business Analytics, which offers data, analytics and decision tools for insurance, banking, corporate and government risk assessment; and Exhibitions, which organizes industry trade shows and events.