AEGON ASSET MANAGEMENT UK Plc Grows Holdings in Relx Plc (NYSE:RELX)

AEGON ASSET MANAGEMENT UK Plc boosted its holdings in shares of Relx Plc (NYSE:RELX) by 2.7% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 280,889 shares of the technology company’s stock after acquiring an additional 7,289 shares during the period. AEGON ASSET MANAGEMENT UK Plc’s holdings in Relx were worth $12,755,000 at the end of the most recent reporting period.

Several other hedge funds have also bought and sold shares of the business. Marshall Wace LLP bought a new position in shares of Relx during the second quarter valued at $312,000. AQR Capital Management LLC bought a new stake in Relx during the 2nd quarter valued at about $433,000. Goodman Advisory Group LLC raised its holdings in Relx by 19,518.5% in the second quarter. Goodman Advisory Group LLC now owns 44,534 shares of the technology company’s stock worth $2,043,000 after buying an additional 44,307 shares during the last quarter. Ascent Group LLC lifted its stake in shares of Relx by 3.2% in the second quarter. Ascent Group LLC now owns 13,894 shares of the technology company’s stock worth $637,000 after buying an additional 427 shares in the last quarter. Finally, Creative Planning grew its holdings in shares of Relx by 16.4% during the second quarter. Creative Planning now owns 128,930 shares of the technology company’s stock valued at $5,915,000 after buying an additional 18,199 shares during the last quarter. Institutional investors own 15.02% of the company’s stock.

Wall Street Analyst Weigh In

A number of equities analysts recently weighed in on the stock. Redburn Atlantic began coverage on shares of Relx in a report on Wednesday, January 8th. They issued a “buy” rating for the company. StockNews.com began coverage on Relx in a research note on Wednesday, October 30th. They issued a “hold” rating for the company.

Relx Price Performance

RELX opened at $48.85 on Friday. The firm has a 50 day moving average price of $46.73 and a 200-day moving average price of $46.69. Relx Plc has a twelve month low of $40.25 and a twelve month high of $49.57. The company has a debt-to-equity ratio of 1.63, a current ratio of 0.48 and a quick ratio of 0.42.

Relx Profile

RELX Plc engages in provision of information and analytics solutions for professional and business customers across industries. It operates through the following business segments: Scientific, Technical & Medical; Risk & Business Analytics; Legal; and Exhibitions. The Scientific, Technical & Medical segment is a global information analytics business that helps institutions and professionals advance healthcare, open science, and improve performance for the benefit of humanity.