Wells Fargo & Company MN Boosts Holdings in Relx PLC (NYSE:RELX)

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Wells Fargo & Company MN raised its position in shares of Relx PLC (NYSE:RELX) by 26.8% during the 1st quarter, HoldingsChannel reports. The fund owned 1,770,920 shares of the technology company’s stock after acquiring an additional 374,096 shares during the period. Wells Fargo & Company MN’s holdings in Relx were worth $37,986,000 as of its most recent SEC filing.

A number of other institutional investors have also recently bought and sold shares of RELX. Financial Gravity Wealth Inc. bought a new stake in shares of Relx in the 1st quarter worth approximately $30,000. Icon Wealth Partners LLC bought a new stake in shares of Relx in the 1st quarter worth approximately $32,000. Financial Gravity Companies Inc. bought a new stake in shares of Relx in the 4th quarter worth approximately $50,000. Parallel Advisors LLC boosted its position in shares of Relx by 1,003.9% in the 1st quarter. Parallel Advisors LLC now owns 2,826 shares of the technology company’s stock worth $61,000 after purchasing an additional 2,570 shares in the last quarter. Finally, Moody National Bank Trust Division boosted its position in shares of Relx by 138.4% in the 1st quarter. Moody National Bank Trust Division now owns 3,075 shares of the technology company’s stock worth $66,000 after purchasing an additional 1,785 shares in the last quarter. 5.26% of the stock is currently owned by institutional investors and hedge funds.

Several equities analysts recently issued reports on RELX shares. Zacks Investment Research raised Relx from a “sell” rating to a “hold” rating in a research report on Tuesday, May 21st. Deutsche Bank cut Relx from a “buy” rating to a “hold” rating in a research report on Wednesday, February 13th.

RELX stock opened at $24.19 on Thursday. The company has a market capitalization of $25.16 billion, a P/E ratio of 21.41, a price-to-earnings-growth ratio of 3.43 and a beta of 0.47. Relx PLC has a 12-month low of $19.23 and a 12-month high of $24.26. The company has a current ratio of 0.44, a quick ratio of 0.40 and a debt-to-equity ratio of 2.11.

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Relx Profile

RELX PLC provides information based-analytics and decision tools for professional and business customers in the United States and internationally. It operates through four segments: Scientific, Technical & Medical; Risk & Business Analytics; and Exhibitions. The Scientific, Technical & Medical segment provides information and analytics to institutions and professionals that enables progress in science, advance healthcare, and performance improvement.

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Institutional Ownership by Quarter for Relx (NYSE:RELX)

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