Jane Street Group LLC Decreases Stock Position in Relx Plc (NYSE:RELX)

Jane Street Group LLC trimmed its stake in Relx Plc (NYSE:RELX - Free Report) by 97.8% in the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 4,728 shares of the technology company's stock after selling 208,723 shares during the quarter. Jane Street Group LLC's holdings in Relx were worth $224,000 at the end of the most recent quarter.

Other institutional investors also recently made changes to their positions in the company. Private Trust Co. NA boosted its position in Relx by 119.9% during the third quarter. Private Trust Co. NA now owns 1,038 shares of the technology company's stock worth $49,000 after acquiring an additional 566 shares during the last quarter. Ashton Thomas Private Wealth LLC acquired a new stake in shares of Relx during the second quarter worth $107,000. Grove Bank & Trust boosted its holdings in shares of Relx by 10.2% during the third quarter. Grove Bank & Trust now owns 3,758 shares of the technology company's stock worth $178,000 after purchasing an additional 348 shares during the last quarter. Whittier Trust Co. of Nevada Inc. grew its position in shares of Relx by 33.9% in the third quarter. Whittier Trust Co. of Nevada Inc. now owns 3,952 shares of the technology company's stock valued at $188,000 after purchasing an additional 1,000 shares during the period. Finally, Sivia Capital Partners LLC acquired a new position in Relx in the third quarter valued at $204,000. 15.02% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

A number of research firms recently issued reports on RELX. Citigroup upgraded shares of Relx to a "strong-buy" rating in a report on Tuesday, September 17th. Redburn Atlantic began coverage on shares of Relx in a research note on Wednesday. They set a "buy" rating for the company. Finally, StockNews.com initiated coverage on Relx in a report on Wednesday, October 30th. They issued a "hold" rating on the stock.

Relx Stock Down 0.8 %

Shares of Relx stock traded down $0.38 during trading hours on Friday, hitting $46.39. The company's stock had a trading volume of 651,615 shares, compared to its average volume of 518,525. The business has a fifty day moving average of $46.51 and a 200 day moving average of $46.55. Relx Plc has a 1-year low of $40.09 and a 1-year high of $48.91. The company has a market capitalization of $86.35 billion, a PE ratio of 27.45, a P/E/G ratio of 3.53 and a beta of 0.89.

About Relx

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.