Mediolanum International Funds Ltd acquired a new stake in Relx Plc (NYSE:RELX - Free Report) in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm acquired 270,147 shares of the technology company's stock, valued at approximately $12,902,000.
A number of other institutional investors and hedge funds have also made changes to their positions in the stock. Ballentine Partners LLC increased its holdings in shares of Relx by 1.4% in the 3rd quarter. Ballentine Partners LLC now owns 17,306 shares of the technology company's stock valued at $821,000 after acquiring an additional 240 shares during the period. Eagle Ridge Investment Management grew its position in shares of Relx by 1.2% in the third quarter. Eagle Ridge Investment Management now owns 316,601 shares of the technology company's stock valued at $15,026,000 after purchasing an additional 3,779 shares during the period. International Assets Investment Management LLC purchased a new position in Relx during the third quarter worth approximately $1,268,000. Signaturefd LLC raised its holdings in Relx by 1.2% in the third quarter. Signaturefd LLC now owns 36,309 shares of the technology company's stock valued at $1,723,000 after buying an additional 421 shares during the period. Finally, Sequoia Financial Advisors LLC raised its position in Relx by 5.6% in the third quarter. Sequoia Financial Advisors LLC now owns 16,036 shares of the technology company's stock valued at $761,000 after purchasing an additional 844 shares during the period. 15.02% of the stock is owned by institutional investors and hedge funds.
Relx Stock Performance
NYSE RELX traded up $0.32 on Friday, reaching $47.42. The company's stock had a trading volume of 643,971 shares, compared to its average volume of 880,438. The stock has a market cap of $88.59 billion, a PE ratio of 27.57, a PEG ratio of 3.32 and a beta of 0.89. Relx Plc has a twelve month low of $33.94 and a twelve month high of $48.91. The firm's 50 day moving average is $47.14 and its two-hundred day moving average is $45.33.
Analyst Ratings Changes
RELX has been the topic of several recent analyst reports. StockNews.com cut shares of Relx from a "buy" rating to a "hold" rating in a report on Saturday, August 31st. Citigroup upgraded Relx to a "strong-buy" rating in a research report on Tuesday, September 17th.
View Our Latest Report on Relx
Relx Profile
(
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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