Relx Plc (NYSE:RELX) Position Boosted by JPMorgan Chase & Co.

JPMorgan Chase & Co. lifted its stake in shares of Relx Plc (NYSE:RELX - Free Report) by 14.6% in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 826,481 shares of the technology company's stock after buying an additional 104,999 shares during the quarter. JPMorgan Chase & Co.'s holdings in Relx were worth $39,225,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Commonwealth Equity Services LLC raised its stake in Relx by 2.0% during the second quarter. Commonwealth Equity Services LLC now owns 16,145 shares of the technology company's stock valued at $741,000 after buying an additional 316 shares in the last quarter. Rhumbline Advisers lifted its stake in Relx by 8.8% during the second quarter. Rhumbline Advisers now owns 30,808 shares of the technology company's stock worth $1,413,000 after purchasing an additional 2,479 shares during the last quarter. Cullen Frost Bankers Inc. boosted its holdings 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 purchasing an additional 1,490 shares during the period. Caprock Group LLC increased its stake in Relx by 188.4% during the second quarter. Caprock Group LLC now owns 34,689 shares of the technology company's stock valued at $1,592,000 after purchasing an additional 22,659 shares during the last quarter. Finally, Ashton Thomas Private Wealth LLC acquired a new stake in shares of Relx during the second quarter worth $107,000. Institutional investors own 15.02% of the company's stock.

Relx Stock Performance

Shares of RELX traded up $0.25 during midday trading on Monday, hitting $45.68. 504,539 shares of the stock traded hands, compared to its average volume of 443,480. The business's 50 day moving average price is $46.60 and its two-hundred day moving average price is $46.52. The firm has a market capitalization of $85.03 billion, a PE ratio of 27.03, a price-to-earnings-growth ratio of 3.53 and a beta of 0.89. Relx Plc has a 1-year low of $39.43 and a 1-year high of $48.91.

Analyst Ratings Changes

A number of equities research analysts recently weighed in on the stock. StockNews.com began coverage on shares of Relx in a research report on Wednesday, October 30th. They set a "hold" rating for the company. Citigroup raised Relx to a "strong-buy" rating in a report on Tuesday, September 17th.

Relx Company Profile

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.