37,660 Shares in Relx PLC (RELX) Acquired by Janney Montgomery Scott LLC
Janney Montgomery Scott LLC purchased a new position in shares of Relx PLC (NYSE:RELX) during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor purchased 37,660 shares of the technology company’s stock, valued at approximately $842,000.
Other institutional investors and hedge funds have also modified their holdings of the company. PNC Financial Services Group Inc. lifted its position in shares of Relx by 7.0% during the second quarter. PNC Financial Services Group Inc. now owns 7,523 shares of the technology company’s stock worth $165,000 after purchasing an additional 490 shares in the last quarter. Dynamic Technology Lab Private Ltd acquired a new stake in shares of Relx during the third quarter worth about $208,000. Strategic Global Advisors LLC acquired a new stake in shares of Relx during the second quarter worth about $204,000. HighTower Advisors LLC acquired a new stake in shares of Relx during the second quarter worth about $206,000. Finally, First Republic Investment Management Inc. acquired a new stake in shares of Relx during the third quarter worth about $228,000. 2.35% of the stock is currently owned by institutional investors and hedge funds.
Several brokerages recently weighed in on RELX. BidaskClub raised shares of Relx from a “hold” rating to a “buy” rating in a report on Thursday, November 2nd. Zacks Investment Research raised shares of Relx from a “sell” rating to a “hold” rating in a report on Tuesday, September 12th. Three equities research analysts have rated the stock with a hold rating and two have given a buy rating to the stock. Relx currently has an average rating of “Hold”.
Shares of Relx PLC (NYSE RELX) opened at $23.46 on Friday. Relx PLC has a 1-year low of $17.64 and a 1-year high of $24.03. The company has a debt-to-equity ratio of 2.35, a current ratio of 0.47 and a quick ratio of 0.43.
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Relx Company Profile
RELX PLC is a holding company, which holds interests in RELX Group plc. RELX Group is a global provider of information and analytics for professional and business customers across industries. The Company operates in four segments: Scientific, Technical & Medical; Risk & Business Analytics; Legal, and Exhibitions.
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