Relx (NYSE:RELX) Stock Rating Lowered by StockNews.com

Relx (NYSE:RELX) was downgraded by StockNews.com from a “buy” rating to a “hold” rating in a report released on Thursday.

Separately, Berenberg Bank downgraded Relx from a “buy” rating to a “hold” rating in a report on Friday, March 1st.

Relx Stock Performance

Shares of RELX opened at $41.62 on Thursday. Relx has a fifty-two week low of $30.10 and a fifty-two week high of $44.75. The company has a current ratio of 0.52, a quick ratio of 0.47 and a debt-to-equity ratio of 1.51. The business’s 50-day moving average is $42.85 and its 200-day moving average is $40.08.

Institutional Investors Weigh In On Relx

Several large investors have recently made changes to their positions in RELX. CWM LLC grew its stake in shares of Relx by 12.4% in the 3rd quarter. CWM LLC now owns 5,134 shares of the technology company’s stock valued at $173,000 after buying an additional 565 shares in the last quarter. Simplicity Solutions LLC grew its stake in shares of Relx by 4.7% in the 3rd quarter. Simplicity Solutions LLC now owns 10,379 shares of the technology company’s stock valued at $350,000 after buying an additional 470 shares in the last quarter. Ballentine Partners LLC grew its stake in shares of Relx by 23.6% in the 3rd quarter. Ballentine Partners LLC now owns 12,049 shares of the technology company’s stock valued at $406,000 after buying an additional 2,301 shares in the last quarter. Lester Murray Antman dba SimplyRich boosted its position in Relx by 2.0% during the third quarter. Lester Murray Antman dba SimplyRich now owns 75,652 shares of the technology company’s stock worth $2,549,000 after purchasing an additional 1,460 shares during the period. Finally, SVB Wealth LLC boosted its position in Relx by 4.7% during the third quarter. SVB Wealth LLC now owns 7,760 shares of the technology company’s stock worth $262,000 after purchasing an additional 351 shares during the period. Institutional investors own 15.02% of the company’s stock.

About Relx

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.