Relx (NYSE:RELX – Get Free Report) was downgraded by stock analysts at StockNews.com from a “buy” rating to a “hold” rating in a note issued to investors on Tuesday.
Separately, Berenberg Bank downgraded shares of Relx from a “buy” rating to a “hold” rating in a research note on Friday, March 1st.
View Our Latest Stock Analysis on Relx
Relx Stock Performance
Institutional Inflows and Outflows
A number of hedge funds have recently added to or reduced their stakes in RELX. Cambridge Investment Research Advisors Inc. increased its stake in shares of Relx by 4.6% during the 1st quarter. Cambridge Investment Research Advisors Inc. now owns 8,746 shares of the technology company’s stock worth $272,000 after purchasing an additional 386 shares in the last quarter. Private Advisor Group LLC boosted its position in Relx by 7.3% during the first quarter. Private Advisor Group LLC now owns 8,133 shares of the technology company’s stock worth $253,000 after acquiring an additional 554 shares during the last quarter. Cibc World Market Inc. acquired a new stake in Relx during the first quarter worth approximately $520,000. Dimensional Fund Advisors LP boosted its position in Relx by 6.9% during the first quarter. Dimensional Fund Advisors LP now owns 1,859,645 shares of the technology company’s stock worth $57,835,000 after acquiring an additional 120,709 shares during the last quarter. Finally, Sei Investments Co. boosted its position in Relx by 51.1% during the first quarter. Sei Investments Co. now owns 260,060 shares of the technology company’s stock worth $8,082,000 after acquiring an additional 87,910 shares during the last quarter. 15.02% of the stock is owned by hedge funds and other institutional investors.
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.
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