Bailard Inc. Has $1.38 Million Stock Position in Relx Plc $RELX
Bailard Inc. increased its stake in Relx Plc by 117% in Q2, owning 25,370 shares worth $1.38 million. Other institutional investors also adjusted their holdings. Analysts have mixed ratings on RELX, with some upgrading to 'strong-buy' and others downgrading to 'hold'. Relx's stock opened at $41.42 with a 12-month range of $40.97 to $56.33.
Bailard Inc. increased its stake in Relx Plc (NYSE:RELX - Free Report) by 117.0% during the second quarter, according to its most recent Form 13F filing with the SEC. The firm owned 25,370 shares of the technology company's stock after purchasing an additional 13,677 shares during the period. Bailard Inc.'s holdings in Relx were worth $1,379,000 as of its most recent filing with the SEC.
A number of other hedge funds and other institutional investors have also bought and sold shares of RELX. Bleakley Financial Group LLC grew its stake in Relx by 1.5% during the first quarter. Bleakley Financial Group LLC now owns 14,147 shares of the technology company's stock worth $713,000 after buying an additional 207 shares in the last quarter. Venturi Wealth Management LLC lifted its holdings in shares of Relx by 1.0% during the 2nd quarter. Venturi Wealth Management LLC now owns 24,476 shares of the technology company's stock worth $1,330,000 after acquiring an additional 232 shares during the period. Whipplewood Advisors LLC boosted its position in shares of Relx by 15.7% during the 2nd quarter. Whipplewood Advisors LLC now owns 1,719 shares of the technology company's stock worth $93,000 after acquiring an additional 233 shares in the last quarter. Cynosure Group LLC boosted its position in shares of Relx by 3.5% during the 1st quarter. Cynosure Group LLC now owns 6,951 shares of the technology company's stock worth $350,000 after acquiring an additional 236 shares in the last quarter. Finally, Marks Group Wealth Management Inc increased its stake in Relx by 1.0% in the second quarter. Marks Group Wealth Management Inc now owns 23,789 shares of the technology company's stock valued at $1,293,000 after acquiring an additional 243 shares during the last quarter. Institutional investors and hedge funds own 15.02% of the company's stock.
Wall Street Analysts Forecast Growth
Several research firms have weighed in on RELX. Kepler Capital Markets upgraded Relx from a "hold" rating to a "strong-buy" rating in a research note on Thursday, September 18th. Barclays restated an "overweight" rating on shares of Relx in a research report on Tuesday, October 7th. Weiss Ratings reiterated a "buy (b)" rating on shares of Relx in a research report on Wednesday, October 8th. Wall Street Zen downgraded Relx from a "buy" rating to a "hold" rating in a research note on Saturday, November 8th. Finally, Morgan Stanley restated an "overweight" rating on shares of Relx in a research note on Thursday, September 11th. One investment analyst has rated the stock with a Strong Buy rating and five have given a Buy rating to the company's stock. According to MarketBeat.com, Relx currently has an average rating of "Buy".
Check Out Our Latest Report on Relx
Relx Stock Performance
Shares of RELX opened at $41.42 on Friday. The company has a quick ratio of 0.42, a current ratio of 0.47 and a debt-to-equity ratio of 2.55. Relx Plc has a 12-month low of $40.97 and a 12-month high of $56.33. The business has a 50-day simple moving average of $45.61 and a two-hundred day simple moving average of $49.87.
About Relx
(Free Report)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.
Featured Articles
- Five stocks we like better than Relx
- Basic Materials Stocks Investing
- dLocal Falls Despite Blowout Q3 Results—What Investors Are Missing
- Growth Investing: Should You Adopt This Investing Strategy in 2022?
- Ondas Holdings Signals a Rebound as Drone Demand Soars
- What Does a Stock Split Mean?
- Disney’s 2026 Outlook Brightens Under Iger's Magic Touch
This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.
Should You Invest $1,000 in Relx Right Now?
Before you consider Relx, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Relx wasn't on the list.
While Relx currently has a Buy rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
