CWA Asset Management Group LLC acquired a new stake in Relx Plc (NYSE:RELX – Free Report) in the 3rd quarter, according to its most recent disclosure with the SEC. The fund acquired 11,540 shares of the technology company’s stock, valued at approximately $548,000.
Other institutional investors have also recently modified their holdings of the company. Indiana Trust & Investment Management CO bought a new stake in Relx during the second quarter worth about $52,000. Rothschild Investment LLC bought a new stake in shares of Relx during the 2nd quarter worth approximately $72,000. TFC Financial Management Inc. acquired a new stake in shares of Relx during the 2nd quarter worth approximately $88,000. Ashton Thomas Private Wealth LLC bought a new position in Relx in the second quarter valued at approximately $107,000. Finally, Cullen Frost Bankers Inc. boosted its holdings in shares of Relx by 119.0% in the 2nd 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 in the last quarter. 15.02% of the stock is currently owned by institutional investors.
Wall Street Analyst Weigh In
Several research firms recently weighed in on RELX. StockNews.com assumed coverage on Relx in a research note on Wednesday, October 30th. They issued a “hold” rating on the stock. Citigroup upgraded shares of Relx to a “strong-buy” rating in a research report on Tuesday, September 17th.
Relx Stock Down 0.4 %
Relx stock opened at $47.80 on Tuesday. The business has a 50 day moving average of $47.36 and a 200-day moving average of $45.79. Relx Plc has a 1 year low of $36.04 and a 1 year high of $48.91.
Relx 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.
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