Relx Plc (NYSE:RELX) Shares Bought by Seascape Capital Management

Seascape Capital Management grew its holdings in Relx Plc (NYSE:RELX) by 1.5% during the fourth quarter, according to the company in its most recent filing with the SEC. The fund owned 86,881 shares of the technology company’s stock after acquiring an additional 1,245 shares during the quarter. Relx comprises 1.4% of Seascape Capital Management’s investment portfolio, making the stock its 25th biggest holding. Seascape Capital Management’s holdings in Relx were worth $3,946,000 as of its most recent SEC filing.

Several other hedge funds also recently added to or reduced their stakes in the stock. FMR LLC grew its stake in Relx by 8.3% during the 3rd quarter. FMR LLC now owns 7,148,837 shares of the technology company’s stock worth $339,284,000 after buying an additional 548,423 shares during the last quarter. Captrust Financial Advisors grew its holdings in Relx by 3.4% during the third quarter. Captrust Financial Advisors now owns 1,103,797 shares of the technology company’s stock worth $52,386,000 after acquiring an additional 35,807 shares during the period. JPMorgan Chase & Co. increased its holdings in shares of Relx by 14.6% in the 3rd quarter. JPMorgan Chase & Co. now owns 826,481 shares of the technology company’s stock valued at $39,225,000 after purchasing an additional 104,999 shares in the last quarter. Reynders McVeigh Capital Management LLC increased its holdings in Relx by 31.8% in the third quarter. Reynders McVeigh Capital Management LLC now owns 495,004 shares of the technology company’s stock valued at $23,493,000 after buying an additional 119,405 shares in the last quarter. Finally, Eagle Ridge Investment Management increased its stake in Relx by 1.2% in the 3rd quarter. Eagle Ridge Investment Management now owns 316,601 shares of the technology company’s stock valued at $15,026,000 after purchasing an additional 3,779 shares in the last quarter. 15.02% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

A number of equities analysts have issued reports on the stock. Redburn Atlantic initiated coverage on shares of Relx in a research report on Wednesday, January 8th. They set a “buy” rating for the company. StockNews.com upgraded Relx from a “hold” rating to a “buy” rating in a research report on Friday.

Relx Price Performance

Relx stock opened at $51.14 on Friday. Relx Plc has a 12 month low of $40.25 and a 12 month high of $51.99. The company has a debt-to-equity ratio of 1.63, a quick ratio of 0.42 and a current ratio of 0.48. The stock’s 50-day moving average is $47.81 and its 200-day moving average is $47.15.

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.