Relx (NYSE:RELX) Upgraded at StockNews.com

Relx (NYSE:RELX) was upgraded by analysts at StockNews.com from a “hold” rating to a “buy” rating in a report released on Friday.

Separately, Berenberg Bank lowered shares of Relx from a “buy” rating to a “hold” rating in a research report on Friday, March 1st.

Relx Trading Down 0.2 %

Shares of NYSE:RELX traded down $0.08 during trading on Friday, hitting $43.65. The company had a trading volume of 603,278 shares, compared to its average volume of 998,291. Relx has a one year low of $30.10 and a one year high of $44.75. The company has a fifty day simple moving average of $42.64 and a two-hundred day simple moving average of $38.69. The company has a debt-to-equity ratio of 1.51, a current ratio of 0.52 and a quick ratio of 0.47.

Institutional Investors Weigh In On Relx

A number of hedge funds and other institutional investors have recently modified their holdings of the company. Tower Research Capital LLC TRC acquired a new position in Relx in the first quarter valued at $26,000. Resurgent Financial Advisors LLC acquired a new stake in shares of Relx in the 4th quarter valued at approximately $27,000. Janiczek Wealth Management LLC lifted its holdings in shares of Relx by 147.5% in the 3rd quarter. Janiczek Wealth Management LLC now owns 990 shares of the technology company’s stock valued at $33,000 after buying an additional 590 shares during the period. Milestone Investment Advisors LLC acquired a new stake in shares of Relx in the 3rd quarter valued at approximately $34,000. Finally, Frazier Financial Advisors LLC acquired a new stake in shares of Relx in the 4th quarter valued at approximately $35,000. 3.56% of the stock is currently owned by institutional investors and hedge funds.

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.