Natixis Advisors LLC Has $39.11 Million Stock Holdings in Relx Plc $RELX

Natixis Advisors LLC trimmed its position in Relx Plc (NYSE:RELX) by 11.9% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 967,659 shares of the technology company’s stock after selling 131,275 shares during the quarter. Natixis Advisors LLC’s holdings in Relx were worth $39,113,000 at the end of the most recent reporting period.

Several other institutional investors have also added to or reduced their stakes in RELX. Annis Gardner Whiting Capital Advisors LLC bought a new stake in Relx during the fourth quarter worth $26,000. Cornerstone Planning Group LLC increased its stake in shares of Relx by 2,574.1% in the 4th quarter. Cornerstone Planning Group LLC now owns 722 shares of the technology company’s stock valued at $27,000 after purchasing an additional 695 shares during the last quarter. Bessemer Group Inc. increased its stake in shares of Relx by 104.2% in the 3rd quarter. Bessemer Group Inc. now owns 868 shares of the technology company’s stock valued at $42,000 after purchasing an additional 443 shares during the last quarter. C WorldWide Group Holding A S acquired a new position in shares of Relx during the 4th quarter worth $48,000. Finally, Stance Capital LLC acquired a new position in shares of Relx during the 3rd quarter worth $69,000. 15.02% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

Several research firms recently weighed in on RELX. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Relx in a research note on Friday, May 8th. The Goldman Sachs Group initiated coverage on shares of Relx in a research note on Wednesday. They issued a “buy” rating on the stock. Morgan Stanley cut shares of Relx from an “overweight” rating to an “equal weight” rating in a research report on Thursday, May 7th. Citigroup raised shares of Relx from a “neutral” rating to a “buy” rating in a research note on Wednesday, April 8th. Finally, Zacks Research lowered shares of Relx from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, March 4th. One analyst has rated the stock with a Strong Buy rating, four have assigned a Buy rating and three have issued a Hold rating to the stock. Based on data from MarketBeat, Relx currently has an average rating of “Moderate Buy”.

Relx Price Performance

Relx stock opened at $32.92 on Thursday. The stock has a 50-day moving average price of $34.04 and a two-hundred day moving average price of $36.20. Relx Plc has a 12 month low of $27.57 and a 12 month high of $54.60. The company has a current ratio of 0.49, a quick ratio of 0.44 and a debt-to-equity ratio of 2.38.

Relx Company 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.