Relx (NYSE:RELX) Downgraded to “Hold” at StockNews.com

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

Relx Stock Performance

Shares of NYSE:RELX opened at $46.66 on Friday. The stock has a market capitalization of $87.17 billion, a P/E ratio of 27.13, a P/E/G ratio of 2.83 and a beta of 0.89. Relx has a 1-year low of $32.37 and a 1-year high of $47.42. 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 has a 50-day moving average price of $45.84 and a two-hundred day moving average price of $44.18.

Institutional Trading of Relx

A number of institutional investors and hedge funds have recently modified their holdings of the stock. LVW Advisors LLC increased its stake in shares of Relx by 1.7% in the 2nd quarter. LVW Advisors LLC now owns 15,189 shares of the technology company’s stock valued at $697,000 after acquiring an additional 248 shares during the last quarter. Sequoia Financial Advisors LLC increased its stake in shares of Relx by 2.1% in the 1st quarter. Sequoia Financial Advisors LLC now owns 12,707 shares of the technology company’s stock valued at $550,000 after acquiring an additional 260 shares during the last quarter. Traveka Wealth LLC increased its stake in shares of Relx by 4.5% in the 2nd quarter. Traveka Wealth LLC now owns 6,115 shares of the technology company’s stock valued at $281,000 after acquiring an additional 264 shares during the last quarter. Dorsey & Whitney Trust CO LLC increased its stake in shares of Relx by 2.0% in the 4th quarter. Dorsey & Whitney Trust CO LLC now owns 14,697 shares of the technology company’s stock valued at $583,000 after acquiring an additional 287 shares during the last quarter. Finally, Commonwealth Equity Services LLC increased its stake in shares of Relx by 2.0% in the 2nd quarter. Commonwealth Equity Services LLC now owns 16,145 shares of the technology company’s stock valued at $741,000 after acquiring an additional 316 shares during the last quarter. 15.02% of the stock is owned by institutional investors.

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.