Barclays downgraded shares of Relx (NYSE:RENX) to a hold rating in a research note published on Monday.

Several other brokerages have also issued reports on RENX. Zacks Investment Research lowered shares of Relx from a buy rating to a hold rating in a research note on Saturday, January 13th. Goldman Sachs Group upgraded shares of Relx to a buy rating in a research note on Wednesday, January 10th.

Shares of Relx (NYSE:RENX) opened at $20.60 on Monday. The company has a debt-to-equity ratio of 2.35, a current ratio of 0.47 and a quick ratio of 0.43. Relx has a 52 week low of $17.26 and a 52 week high of $23.30.

A number of hedge funds have recently modified their holdings of RENX. Ameriprise Financial Inc. increased its stake in Relx by 5.2% in the 2nd quarter. Ameriprise Financial Inc. now owns 111,848 shares of the technology company’s stock valued at $2,313,000 after buying an additional 5,546 shares during the last quarter. PNC Financial Services Group Inc. increased its stake in Relx by 120.1% in the 2nd quarter. PNC Financial Services Group Inc. now owns 4,961 shares of the technology company’s stock valued at $102,000 after buying an additional 2,707 shares during the last quarter. Goldman Sachs Group Inc. increased its stake in Relx by 7.6% in the 2nd quarter. Goldman Sachs Group Inc. now owns 325,865 shares of the technology company’s stock valued at $6,739,000 after buying an additional 23,113 shares during the last quarter. Royal Bank of Canada increased its stake in Relx by 11.4% in the 2nd quarter. Royal Bank of Canada now owns 107,789 shares of the technology company’s stock valued at $2,228,000 after buying an additional 11,050 shares during the last quarter. Finally, Eqis Capital Management Inc. increased its stake in Relx by 17.7% in the 3rd quarter. Eqis Capital Management Inc. now owns 21,144 shares of the technology company’s stock valued at $451,000 after buying an additional 3,175 shares during the last quarter. Hedge funds and other institutional investors own 1.19% of the company’s stock.

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Relx Company Profile

RELX NV is a holding company, which holds interests in RELX Group plc. RELX Group is a global provider of information and analytics for professional and business customers across industries. The Company operates in four segments: Scientific, Technical & Medical; Risk & Business Analytics; Legal, and Exhibitions.

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