Financial Management Professionals Inc. Has $38,000 Stake in Relx Plc (NYSE:RELX)

Financial Management Professionals Inc. lifted its position in Relx Plc (NYSE:RELX) by 192.9% in the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 867 shares of the technology company’s stock after purchasing an additional 571 shares during the quarter. Financial Management Professionals Inc.’s holdings in Relx were worth $38,000 at the end of the most recent reporting period.

A number of other large investors have also modified their holdings of RELX. Frazier Financial Advisors LLC bought a new stake in shares of Relx during the fourth quarter worth $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. Pinnacle Bancorp Inc. boosted its holdings in Relx by 90.9% in the first quarter. Pinnacle Bancorp Inc. now owns 983 shares of the technology company’s stock valued at $43,000 after acquiring an additional 468 shares during the last quarter. Timber Creek Capital Management LLC bought a new position in Relx in the first quarter valued at about $43,000. Finally, FSC Wealth Advisors LLC bought a new position in Relx in the fourth quarter valued at about $42,000. 15.02% of the stock is currently owned by institutional investors and hedge funds.

Relx Stock Down 0.6 %

RELX stock opened at $45.89 on Friday. The company has a debt-to-equity ratio of 1.51, a quick ratio of 0.47 and a current ratio of 0.52. The business has a 50 day moving average price of $43.94 and a two-hundred day moving average price of $42.49. Relx Plc has a twelve month low of $31.38 and a twelve month high of $46.29.

Analysts Set New Price Targets

Several equities analysts have weighed in on the company. Berenberg Bank lowered Relx from a “buy” rating to a “hold” rating in a research note on Friday, March 1st. StockNews.com started coverage on Relx in a research report on Tuesday. They set a “hold” rating on the stock.

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.