Financial Gravity Companies Inc. Buys New Holdings in Relx PLC (RELX)

Financial Gravity Companies Inc. bought a new position in shares of Relx PLC (NYSE:RELX) during the fourth quarter, according to its most recent Form 13F filing with the SEC. The fund bought 2,238 shares of the technology company’s stock, valued at approximately $50,000.

Several other hedge funds have also bought and sold shares of RELX. Cornerstone Advisors Inc. grew its holdings in Relx by 111.7% in the 3rd quarter. Cornerstone Advisors Inc. now owns 1,696 shares of the technology company’s stock valued at $35,000 after buying an additional 895 shares in the last quarter. Moody National Bank Trust Division acquired a new position in Relx in the 4th quarter valued at $26,000. Raymond James Trust N.A. grew its holdings in Relx by 5.2% in the 4th quarter. Raymond James Trust N.A. now owns 25,912 shares of the technology company’s stock valued at $532,000 after buying an additional 1,292 shares in the last quarter. We Are One Seven LLC acquired a new position in Relx in the 4th quarter valued at $26,000. Finally, Cox Capital Mgt LLC grew its holdings in Relx by 3.9% in the 4th quarter. Cox Capital Mgt LLC now owns 60,525 shares of the technology company’s stock valued at $1,303,000 after buying an additional 2,245 shares in the last quarter. 4.03% of the stock is currently owned by institutional investors and hedge funds.

Shares of NYSE RELX opened at $22.37 on Wednesday. The company has a current ratio of 0.41, a quick ratio of 0.37 and a debt-to-equity ratio of 2.39. Relx PLC has a one year low of $19.23 and a one year high of $23.11. The firm has a market capitalization of $23.68 billion, a price-to-earnings ratio of 21.72 and a beta of 0.55.

Separately, BNP Paribas raised Relx from an “underperform” rating to an “outperform” rating in a report on Thursday, December 6th.

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About Relx

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.

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Institutional Ownership by Quarter for Relx (NYSE:RELX)

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