Orion Portfolio Solutions LLC decreased its holdings in Relx Plc (NYSE:RELX - Free Report) by 6.9% in the 3rd quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 216,694 shares of the technology company's stock after selling 16,031 shares during the quarter. Orion Portfolio Solutions LLC's holdings in Relx were worth $10,284,000 at the end of the most recent reporting period.
Several other hedge funds and other institutional investors have also made changes to their positions in RELX. Private Trust Co. NA boosted its stake in shares of Relx by 119.9% in the third quarter. Private Trust Co. NA now owns 1,038 shares of the technology company's stock valued at $49,000 after purchasing an additional 566 shares during the period. Rothschild Investment LLC purchased a new position in Relx in the second quarter worth approximately $72,000. TFC Financial Management Inc. purchased a new position in Relx in the second quarter worth approximately $88,000. Ashton Thomas Private Wealth LLC purchased a new position in Relx in the second quarter worth approximately $107,000. Finally, Cullen Frost Bankers Inc. lifted its stake in Relx by 119.0% in the second quarter. Cullen Frost Bankers Inc. now owns 2,742 shares of the technology company's stock worth $126,000 after acquiring an additional 1,490 shares during the last quarter. Hedge funds and other institutional investors own 15.02% of the company's stock.
Wall Street Analysts Forecast Growth
RELX has been the subject of a number of recent research reports. Citigroup upgraded shares of Relx to a "strong-buy" rating in a research note on Tuesday, September 17th. StockNews.com started coverage on shares of Relx in a research report on Wednesday, October 30th. They set a "hold" rating for the company.
Read Our Latest Stock Report on RELX
Relx Price Performance
Shares of NYSE:RELX traded down $0.59 during trading on Friday, hitting $47.59. 586,474 shares of the company were exchanged, compared to its average volume of 632,745. The stock has a market capitalization of $88.58 billion, a P/E ratio of 27.99, a PEG ratio of 3.39 and a beta of 0.89. Relx Plc has a 12-month low of $38.08 and a 12-month high of $48.91. The firm's 50 day moving average price is $47.01 and its 200-day moving average price is $46.32.
Relx Company Profile
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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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