CWA Asset Management Group LLC acquired a new stake in Relx Plc (NYSE:RELX - Free Report) in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm acquired 11,540 shares of the technology company's stock, valued at approximately $548,000.
Other institutional investors have also recently added to or reduced their stakes in the company. Indiana Trust & Investment Management CO acquired a new position in Relx in the second quarter valued at approximately $52,000. Rothschild Investment LLC bought a new position in shares of Relx during the 2nd quarter valued at about $72,000. TFC Financial Management Inc. acquired a new stake in Relx in the second quarter valued at $88,000. Ashton Thomas Private Wealth LLC bought a new stake in Relx in the 2nd quarter valued at about $107,000. Finally, Cullen Frost Bankers Inc. lifted its stake in Relx by 119.0% in the 2nd quarter. Cullen Frost Bankers Inc. now owns 2,742 shares of the technology company's stock valued at $126,000 after purchasing an additional 1,490 shares during the last quarter. 15.02% of the stock is currently owned by institutional investors and hedge funds.
Analyst Ratings Changes
Several equities analysts have commented on RELX shares. Citigroup raised shares of Relx to a "strong-buy" rating in a research report on Tuesday, September 17th. StockNews.com started coverage on shares of Relx in a research note on Wednesday, October 30th. They set a "hold" rating on the stock.
Get Our Latest Analysis on RELX
Relx Trading Down 2.5 %
Shares of Relx stock traded down $1.21 during trading hours on Tuesday, hitting $46.59. The company had a trading volume of 697,246 shares, compared to its average volume of 869,974. The company's 50-day moving average is $47.38 and its two-hundred day moving average is $45.83. Relx Plc has a twelve month low of $36.04 and a twelve month high of $48.91.
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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