GAMMA Investing LLC Buys 1,367 Shares of Relx Plc (NYSE:RELX)

GAMMA Investing LLC boosted its stake in Relx Plc (NYSE:RELX) by 24.7% in the 1st quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 6,912 shares of the technology company’s stock after purchasing an additional 1,367 shares during the quarter. GAMMA Investing LLC’s holdings in Relx were worth $299,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds have also added to or reduced their stakes in the company. Frazier Financial Advisors LLC bought a new position in shares of Relx in the fourth quarter worth $35,000. Parkside Financial Bank & Trust increased its stake in Relx by 81.1% in the 4th quarter. Parkside Financial Bank & Trust now owns 909 shares of the technology company’s stock worth $36,000 after acquiring an additional 407 shares during the last quarter. Timber Creek Capital Management LLC purchased a new stake in shares of Relx in the 1st quarter valued at about $43,000. FSC Wealth Advisors LLC bought a new stake in shares of Relx during the 4th quarter valued at about $42,000. Finally, Bruce G. Allen Investments LLC purchased a new position in shares of Relx during the fourth quarter worth about $48,000. Hedge funds and other institutional investors own 15.02% of the company’s stock.

Relx Trading Up 0.2 %

Shares of RELX opened at $45.58 on Thursday. Relx Plc has a twelve month low of $31.38 and a twelve month high of $45.92. The company has a debt-to-equity ratio of 1.51, a current ratio of 0.52 and a quick ratio of 0.47. The firm has a fifty day simple moving average of $43.33 and a two-hundred day simple moving average of $42.17.

Analysts Set New Price Targets

Several research analysts recently issued reports on the stock. StockNews.com lowered shares of Relx from a “buy” rating to a “hold” rating in a research report on Thursday, April 25th. Berenberg Bank lowered Relx from a “buy” rating to a “hold” rating in a research note on Friday, March 1st.

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.