Atomi Financial Group Inc. Raises Stake in Relx Plc (NYSE:RELX)

Atomi Financial Group Inc. grew its holdings in Relx Plc (NYSE:RELX) by 14.9% in the fourth quarter, Holdings Channel.com reports. The institutional investor owned 28,232 shares of the technology company’s stock after acquiring an additional 3,663 shares during the quarter. Atomi Financial Group Inc.’s holdings in Relx were worth $1,282,000 as of its most recent filing with the SEC.

Other hedge funds have also made changes to their positions in the company. Versant Capital Management Inc acquired a new position in Relx in the 4th quarter valued at about $31,000. Private Trust Co. NA grew its stake in shares of Relx by 119.9% in the 3rd quarter. Private Trust Co. NA now owns 1,038 shares of the technology company’s stock valued at $49,000 after purchasing an additional 566 shares during the last quarter. Wilmington Savings Fund Society FSB acquired a new position in shares of Relx in the third quarter valued at approximately $125,000. Grove Bank & Trust raised its stake in shares of Relx by 10.2% during the third quarter. Grove Bank & Trust now owns 3,758 shares of the technology company’s stock worth $178,000 after purchasing an additional 348 shares during the last quarter. Finally, Whittier Trust Co. of Nevada Inc. lifted its holdings in shares of Relx by 33.9% during the third quarter. Whittier Trust Co. of Nevada Inc. now owns 3,952 shares of the technology company’s stock worth $188,000 after purchasing an additional 1,000 shares during the period. Institutional investors and hedge funds own 15.02% of the company’s stock.

Analysts Set New Price Targets

RELX has been the topic of several recent research reports. Redburn Atlantic started coverage on shares of Relx in a research note on Wednesday, January 8th. They issued a “buy” rating on the stock. StockNews.com began coverage on shares of Relx in a research note on Wednesday, October 30th. They set a “hold” rating on the stock.

Relx Price Performance

Relx stock opened at $49.53 on Wednesday. The stock’s 50 day moving average price is $46.45 and its 200 day moving average price is $46.61. The company has a debt-to-equity ratio of 1.63, a quick ratio of 0.42 and a current ratio of 0.48. Relx Plc has a 1-year low of $40.25 and a 1-year high of $49.57.

About Relx

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.