Pathstone Holdings LLC trimmed its position in shares of Relx Plc (NYSE:RELX - Free Report) by 11.3% during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 185,566 shares of the technology company's stock after selling 23,606 shares during the quarter. Pathstone Holdings LLC's holdings in Relx were worth $8,807,000 as of its most recent filing with the Securities and Exchange Commission.
Several other large investors have also recently added to or reduced their stakes in RELX. Indiana Trust & Investment Management CO bought a new stake in shares of Relx during the second quarter valued at approximately $52,000. Rothschild Investment LLC bought a new stake in shares of Relx during the second quarter valued at approximately $72,000. TFC Financial Management Inc. bought a new stake in shares of Relx during the second quarter valued at approximately $88,000. Ashton Thomas Private Wealth LLC bought a new stake in shares of Relx during the second quarter valued at approximately $107,000. Finally, Cullen Frost Bankers Inc. grew its stake in shares of Relx by 119.0% during the second 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 owned by institutional investors.
Relx Price Performance
RELX traded up $0.99 during mid-day trading on Friday, hitting $46.75. The stock had a trading volume of 819,863 shares, compared to its average volume of 869,869. The stock's fifty day simple moving average is $47.19 and its 200-day simple moving average is $46.00. The firm has a market capitalization of $87.09 billion, a price-to-earnings ratio of 27.50, a price-to-earnings-growth ratio of 3.20 and a beta of 0.90. Relx Plc has a 1-year low of $38.08 and a 1-year high of $48.91.
Analyst Upgrades and Downgrades
Several equities analysts recently weighed in on the stock. StockNews.com assumed coverage on shares of Relx in a report on Wednesday, October 30th. They issued a "hold" rating on the stock. Citigroup upgraded shares of Relx to a "strong-buy" rating in a report on Tuesday, September 17th.
View Our Latest Stock 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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