Relx (NYSE:RELX) Stock Rating Lowered by StockNews.com

Relx (NYSE:RELX) was downgraded by StockNews.com from a “buy” rating to a “hold” rating in a report issued on Thursday.

Separately, Berenberg Bank downgraded Relx from a “buy” rating to a “hold” rating in a research note on Friday, March 1st.

Relx Stock Up 1.2 %

RELX stock opened at $41.62 on Thursday. 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 $42.85 and a two-hundred day moving average price of $40.08. Relx has a twelve month low of $30.10 and a twelve month high of $44.75.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently made changes to their positions in the business. Financial Management Professionals Inc. boosted its stake in Relx by 192.9% in the 1st quarter. Financial Management Professionals Inc. now owns 867 shares of the technology company’s stock valued at $38,000 after purchasing an additional 571 shares during the period. Frazier Financial Advisors LLC bought a new stake in Relx in the 4th quarter valued at $35,000. Parkside Financial Bank & Trust boosted its stake in Relx by 81.1% in the 4th quarter. Parkside Financial Bank & Trust now owns 909 shares of the technology company’s stock valued at $36,000 after purchasing an additional 407 shares during the period. Pinnacle Bancorp Inc. boosted its stake in Relx by 90.9% in the 1st quarter. Pinnacle Bancorp Inc. now owns 983 shares of the technology company’s stock valued at $43,000 after purchasing an additional 468 shares during the period. Finally, Timber Creek Capital Management LLC bought a new stake in Relx in the 1st quarter valued at $43,000. 15.02% of the stock is currently 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.