O Shaughnessy Asset Management LLC Grows Stock Position in Relx Plc (NYSE:RELX)

O Shaughnessy Asset Management LLC increased its stake in Relx Plc (NYSE:RELX) by 12.0% in the 1st quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 342,665 shares of the technology company’s stock after purchasing an additional 36,810 shares during the quarter. O Shaughnessy Asset Management LLC’s holdings in Relx were worth $14,834,000 at the end of the most recent quarter.

Several other hedge funds also recently made changes to their positions in RELX. Goldman Sachs Group Inc. boosted its stake in Relx by 13.5% during the fourth quarter. Goldman Sachs Group Inc. now owns 3,349,527 shares of the technology company’s stock valued at $132,842,000 after buying an additional 399,101 shares during the period. Dimensional Fund Advisors LP increased its holdings in shares of Relx by 3.6% in the fourth quarter. Dimensional Fund Advisors LP now owns 2,694,052 shares of the technology company’s stock worth $106,843,000 after buying an additional 94,052 shares during the period. Optiver Holding B.V. purchased a new position in shares of Relx in the fourth quarter worth about $21,983,000. Janney Montgomery Scott LLC increased its holdings in Relx by 3.8% during the 1st quarter. Janney Montgomery Scott LLC now owns 366,136 shares of the technology company’s stock valued at $15,850,000 after purchasing an additional 13,555 shares during the period. Finally, Sei Investments Co. increased its holdings in Relx by 3.2% during the 1st quarter. Sei Investments Co. now owns 327,273 shares of the technology company’s stock valued at $14,168,000 after purchasing an additional 10,212 shares during the period. 15.02% of the stock is currently owned by hedge funds and other institutional investors.

Relx Stock Performance

Shares of RELX traded down $0.35 during mid-day trading on Tuesday, reaching $45.36. The company had a trading volume of 652,411 shares, compared to its average volume of 931,969. The company has a debt-to-equity ratio of 1.51, a quick ratio of 0.47 and a current ratio of 0.52. The firm has a 50-day moving average price of $45.12 and a 200 day moving average price of $43.28. Relx Plc has a 52 week low of $31.38 and a 52 week high of $46.65.

Analyst Ratings Changes

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

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.