Natixis Advisors LLC Has $39.11 Million Position in Relx Plc $RELX

Natixis Advisors LLC cut its stake in Relx Plc (NYSE:RELX) by 11.9% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 967,659 shares of the technology company’s stock after selling 131,275 shares during the quarter. Natixis Advisors LLC owned approximately 0.05% of Relx worth $39,113,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also modified their holdings of the company. Annis Gardner Whiting Capital Advisors LLC bought a new stake in shares of Relx during the fourth quarter worth approximately $26,000. Cornerstone Planning Group LLC increased its stake in shares of Relx by 2,574.1% during the fourth quarter. Cornerstone Planning Group LLC now owns 722 shares of the technology company’s stock worth $27,000 after purchasing an additional 695 shares during the period. Bessemer Group Inc. increased its stake in shares of Relx by 104.2% during the third quarter. Bessemer Group Inc. now owns 868 shares of the technology company’s stock worth $42,000 after purchasing an additional 443 shares during the period. C WorldWide Group Holding A S acquired a new stake in Relx during the 4th quarter worth approximately $48,000. Finally, Stance Capital LLC acquired a new stake in Relx during the 3rd quarter worth approximately $69,000. Institutional investors own 15.02% of the company’s stock.

Analyst Upgrades and Downgrades

RELX has been the topic of a number of research reports. Morgan Stanley lowered Relx from an “overweight” rating to an “equal weight” rating in a report on Thursday, May 7th. Wall Street Zen downgraded Relx from a “buy” rating to a “hold” rating in a report on Sunday, May 17th. The Goldman Sachs Group began coverage on shares of Relx in a research report on Wednesday. They issued a “buy” rating for the company. Weiss Ratings restated a “hold (c)” rating on shares of Relx in a research note on Friday, May 8th. Finally, Citigroup upgraded shares of Relx from a “neutral” rating to a “buy” rating in a research note on Wednesday, April 8th. One research analyst has rated the stock with a Strong Buy rating, four have given a Buy rating and three have issued a Hold rating to the stock. According to data from MarketBeat.com, Relx currently has a consensus rating of “Moderate Buy”.

Relx Stock Performance

Relx stock opened at $32.92 on Thursday. The stock’s fifty day moving average price is $34.04 and its two-hundred day moving average price is $36.20. The company has a debt-to-equity ratio of 2.38, a quick ratio of 0.44 and a current ratio of 0.49. Relx Plc has a one year low of $27.57 and a one year high of $54.60.

About Relx

RELX plc is a global provider of information, analytics and decision tools for professional and business customers. The company supplies content, data and analytical services that support decision-making across scientific, technical and medical research, legal and regulatory practice, and risk and business analytics. RELX’s offerings are largely delivered via digital platforms and subscription services designed for institutions, corporations and professionals who require specialized, high-value information and workflow solutions.

RELX operates through distinct business lines that include Elsevier, which provides scientific, technical and medical journals, books and online platforms such as research and discovery tools; Legal and Professional services, which deliver legal, regulatory and compliance content and workflow solutions; Risk & Business Analytics, which offers data, analytics and decision tools for insurance, banking, corporate and government risk assessment; and Exhibitions, which organizes industry trade shows and events.