Victory Capital Management Inc. Sells 16,917 Shares of Relx Plc (NYSE:RELX)

Victory Capital Management Inc. lowered its stake in shares of Relx Plc (NYSE:RELXFree Report) by 37.6% during the 3rd quarter, Holdings Channel.com reports. The firm owned 28,104 shares of the technology company’s stock after selling 16,917 shares during the quarter. Victory Capital Management Inc.’s holdings in Relx were worth $947,000 as of its most recent SEC filing.

Several other institutional investors have also recently made changes to their positions in the stock. Tower Research Capital LLC TRC bought a new stake in Relx in the 1st quarter worth about $26,000. Resurgent Financial Advisors LLC bought a new position in shares of Relx during the 4th quarter valued at $27,000. Janiczek Wealth Management LLC grew its holdings in Relx by 147.5% in the 3rd quarter. Janiczek Wealth Management LLC now owns 990 shares of the technology company’s stock worth $33,000 after acquiring an additional 590 shares during the last quarter. Milestone Investment Advisors LLC purchased a new stake in shares of Relx in the 1st quarter worth about $37,000. Finally, NBC Securities Inc. purchased a new stake in shares of Relx in the 3rd quarter worth about $38,000. Institutional investors and hedge funds own 3.56% of the company’s stock.

Relx Price Performance

Shares of Relx stock opened at $42.09 on Tuesday. Relx Plc has a 52 week low of $29.07 and a 52 week high of $42.49. The company has a quick ratio of 0.42, a current ratio of 0.48 and a debt-to-equity ratio of 1.62. The company has a 50 day moving average price of $40.28 and a 200 day moving average price of $36.55.

Analyst Upgrades and Downgrades

Separately, StockNews.com lowered shares of Relx from a “buy” rating to a “hold” rating in a research note on Thursday, January 25th.

Check Out Our Latest Research Report on RELX

Relx Profile

(Free Report)

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.

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Institutional Ownership by Quarter for Relx (NYSE:RELX)

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