Relx Plc (NYSE:RELX) Shares Acquired by Hexagon Capital Partners LLC

Hexagon Capital Partners LLC raised its holdings in shares of Relx Plc (NYSE:RELX) by 19.5% in the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 6,114 shares of the technology company’s stock after acquiring an additional 998 shares during the quarter. Hexagon Capital Partners LLC’s holdings in Relx were worth $265,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors have also modified their holdings of the business. Frazier Financial Advisors LLC acquired a new stake in Relx in the 4th quarter worth about $35,000. Parkside Financial Bank & Trust boosted its holdings in Relx by 81.1% in the fourth quarter. Parkside Financial Bank & Trust now owns 909 shares of the technology company’s stock valued at $36,000 after acquiring an additional 407 shares during the last quarter. Financial Management Professionals Inc. grew its holdings in shares of Relx by 192.9% during the 1st quarter. Financial Management Professionals Inc. now owns 867 shares of the technology company’s stock worth $38,000 after purchasing an additional 571 shares during the period. FSC Wealth Advisors LLC purchased a new position in Relx in the fourth quarter valued at approximately $42,000. Finally, Timber Creek Capital Management LLC acquired a new position in Relx during the first quarter valued at approximately $43,000. 15.02% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

Separately, StockNews.com began coverage on Relx in a report on Tuesday, June 25th. They issued a “hold” rating for the company.

Relx Price Performance

Shares of RELX stock opened at $45.20 on Tuesday. The firm has a fifty day simple moving average of $43.94 and a 200-day simple moving average of $42.53. The company has a market capitalization of $84.62 billion, a PE ratio of 26.43, a price-to-earnings-growth ratio of 2.71 and a beta of 0.89. Relx Plc has a twelve month low of $31.38 and a twelve month high of $46.29. The company has a current ratio of 0.52, a quick ratio of 0.47 and a debt-to-equity ratio of 1.51.

Relx Company Profile

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.