Capital Insight Partners LLC Cuts Position in Relx Plc (NYSE:RELX)

Capital Insight Partners LLC trimmed its holdings in shares of Relx Plc (NYSE:RELX - Free Report) by 18.3% in the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 70,087 shares of the technology company's stock after selling 15,714 shares during the quarter. Capital Insight Partners LLC's holdings in Relx were worth $3,183,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors and hedge funds have also bought and sold shares of the company. Venturi Wealth Management LLC raised its holdings in Relx by 0.9% in the 3rd quarter. Venturi Wealth Management LLC now owns 24,164 shares of the technology company's stock worth $1,147,000 after purchasing an additional 214 shares in the last quarter. Ballentine Partners LLC grew its stake in shares of Relx by 1.4% in the third quarter. Ballentine Partners LLC now owns 17,306 shares of the technology company's stock worth $821,000 after acquiring an additional 240 shares during the period. Marshall Financial Group LLC increased its position in Relx by 0.8% during the third quarter. Marshall Financial Group LLC now owns 30,515 shares of the technology company's stock valued at $1,448,000 after acquiring an additional 246 shares during the last quarter. Procyon Advisors LLC boosted its holdings in shares of Relx by 4.1% in the third quarter. Procyon Advisors LLC now owns 6,734 shares of the technology company's stock worth $320,000 after buying an additional 265 shares during the last quarter. Finally, Axxcess Wealth Management LLC grew its position in shares of Relx by 5.3% during the 3rd quarter. Axxcess Wealth Management LLC now owns 5,270 shares of the technology company's stock valued at $250,000 after acquiring an additional 266 shares during the period. 15.02% of the stock is owned by hedge funds and other institutional investors.

Relx Stock Performance

Shares of NYSE RELX traded down $0.49 during midday trading on Friday, reaching $49.87. The company had a trading volume of 723,979 shares, compared to its average volume of 543,079. The company has a current ratio of 0.48, a quick ratio of 0.42 and a debt-to-equity ratio of 1.63. The business's 50-day simple moving average is $47.13 and its 200 day simple moving average is $46.81. Relx Plc has a 1 year low of $40.25 and a 1 year high of $50.55.

Analysts Set New Price Targets

RELX has been the subject of several research analyst reports. StockNews.com assumed coverage on Relx in a research report on Wednesday, October 30th. They set a "hold" rating for the company. Redburn Atlantic assumed coverage on Relx in a research report on Wednesday, January 8th. They issued a "buy" rating for the company.

Relx Company Profile

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.