Charles Schwab Investment Management Inc. raised its stake in Relx Plc (NYSE:RELX - Free Report) by 13.3% in the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 120,300 shares of the technology company's stock after purchasing an additional 14,088 shares during the quarter. Charles Schwab Investment Management Inc.'s holdings in Relx were worth $5,709,000 at the end of the most recent reporting period.
Other institutional investors have also recently made changes to their positions in the company. West Family Investments Inc. bought a new position in Relx during the 3rd quarter worth $246,000. Caprock Group LLC raised its stake in Relx by 2.5% in the 3rd quarter. Caprock Group LLC now owns 35,559 shares of the technology company's stock worth $1,688,000 after purchasing an additional 870 shares in the last quarter. Thrivent Financial for Lutherans grew its position in shares of Relx by 83.0% during the 3rd quarter. Thrivent Financial for Lutherans now owns 10,665 shares of the technology company's stock worth $506,000 after purchasing an additional 4,836 shares in the last quarter. Zions Bancorporation N.A. raised its position in shares of Relx by 44.1% in the third quarter. Zions Bancorporation N.A. now owns 41,256 shares of the technology company's stock valued at $1,958,000 after buying an additional 12,621 shares in the last quarter. Finally, Huntington National Bank grew its position in Relx by 7.0% during the third quarter. Huntington National Bank now owns 6,521 shares of the technology company's stock worth $309,000 after buying an additional 428 shares in the last quarter. Institutional investors and hedge funds own 15.02% of the company's stock.
Relx Price Performance
Relx stock traded down $0.27 during trading hours on Friday, hitting $47.05. The stock had a trading volume of 213,533 shares, compared to its average volume of 844,821. The business's 50 day simple moving average is $47.02 and its 200-day simple moving average is $46.37. Relx Plc has a one year low of $38.08 and a one year high of $48.91.
Analyst Upgrades and Downgrades
RELX has been the topic of several recent analyst reports. StockNews.com started coverage on shares of Relx in a report on Wednesday, October 30th. They issued a "hold" rating on the stock. Citigroup raised Relx to a "strong-buy" rating in a report on Tuesday, September 17th.
Check Out Our Latest Analysis on Relx
About Relx
(
Free Report)
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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