Bank of Montreal Can Purchases 150,163 Shares of Relx Plc (NYSE:RELX)

Bank of Montreal Can boosted its holdings in Relx Plc (NYSE:RELX - Free Report) by 194.9% in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 227,211 shares of the technology company's stock after buying an additional 150,163 shares during the quarter. Bank of Montreal Can's holdings in Relx were worth $10,806,000 at the end of the most recent reporting period.

Other large investors have also added to or reduced their stakes in the company. Dimensional Fund Advisors LP raised its holdings in Relx by 6.0% during the 2nd quarter. Dimensional Fund Advisors LP now owns 2,967,642 shares of the technology company's stock worth $136,155,000 after purchasing an additional 169,284 shares during the last quarter. Clearbridge Investments LLC grew its position in shares of Relx by 7.2% during the 2nd quarter. Clearbridge Investments LLC now owns 2,260,445 shares of the technology company's stock worth $103,709,000 after buying an additional 152,154 shares during the period. American Century Companies Inc. grew its position in shares of Relx by 6.8% during the 2nd quarter. American Century Companies Inc. now owns 362,511 shares of the technology company's stock worth $16,632,000 after buying an additional 22,983 shares during the period. Eagle Ridge Investment Management grew its position in shares of Relx by 1.2% during the 3rd quarter. Eagle Ridge Investment Management now owns 316,601 shares of the technology company's stock worth $15,026,000 after buying an additional 3,779 shares during the period. Finally, Mediolanum International Funds Ltd acquired a new stake in shares of Relx during the 3rd quarter worth approximately $12,902,000. Institutional investors own 15.02% of the company's stock.

Analysts Set New Price Targets

Several analysts have recently commented on RELX shares. Citigroup raised shares of Relx to a "strong-buy" rating in a research report on Tuesday, September 17th. StockNews.com assumed coverage on shares of Relx in a research report on Wednesday, October 30th. They issued a "hold" rating for the company.

Relx Trading Up 0.6 %

Shares of NYSE RELX traded up $0.26 during mid-day trading on Monday, reaching $47.34. 211,634 shares of the company's stock were exchanged, compared to its average volume of 859,363. Relx Plc has a 52 week low of $38.08 and a 52 week high of $48.91. The firm has a 50-day moving average price of $47.07 and a two-hundred day moving average price of $46.20.

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.