West Family Investments Inc. acquired a new position in shares of Relx Plc (NYSE:RELX – Free Report) in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund acquired 5,190 shares of the technology company’s stock, valued at approximately $246,000.
A number of other large investors also recently added to or reduced their stakes in the business. Indiana Trust & Investment Management CO bought a new stake in Relx in the second quarter valued at approximately $52,000. Rothschild Investment LLC acquired a new position in shares of Relx during the 2nd quarter worth approximately $72,000. TFC Financial Management Inc. acquired a new position in Relx during the second quarter worth $88,000. Ashton Thomas Private Wealth LLC acquired a new position in shares of Relx during the 2nd quarter worth about $107,000. Finally, Cullen Frost Bankers Inc. increased its holdings in shares of Relx by 119.0% during the 2nd quarter. Cullen Frost Bankers Inc. now owns 2,742 shares of the technology company’s stock worth $126,000 after acquiring an additional 1,490 shares during the last quarter. 15.02% of the stock is currently owned by institutional investors and hedge funds.
Wall Street Analyst Weigh In
A number of equities analysts have recently weighed in on the company. StockNews.com started coverage on Relx in a research note on Wednesday, October 30th. They set a “hold” rating on the stock. Citigroup upgraded Relx to a “strong-buy” rating in a research report on Tuesday, September 17th.
Relx Stock Up 0.6 %
RELX stock opened at $45.32 on Wednesday. The business has a 50-day simple moving average of $47.27 and a 200 day simple moving average of $46.01. Relx Plc has a 52 week low of $37.13 and a 52 week high of $48.91.
Relx Profile
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.
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