Analysts at StockNews.com started coverage on shares of Relx (NYSE:RELX – Get Free Report) in a report issued on Wednesday. The firm set a “hold” rating on the technology company’s stock.
Separately, Citigroup upgraded Relx to a “strong-buy” rating in a research report on Tuesday, September 17th.
Check Out Our Latest Research Report on Relx
Relx Stock Performance
Institutional Inflows and Outflows
Institutional investors have recently modified their holdings of the stock. Ballentine Partners LLC raised its stake in Relx by 1.4% in the 3rd quarter. Ballentine Partners LLC now owns 17,306 shares of the technology company’s stock valued at $821,000 after purchasing an additional 240 shares during the last quarter. Marshall Financial Group LLC raised its position in shares of Relx by 0.8% in the third quarter. Marshall Financial Group LLC now owns 30,515 shares of the technology company’s stock valued at $1,448,000 after buying an additional 246 shares during the last quarter. LVW Advisors LLC lifted its stake in shares of Relx by 1.7% during the second quarter. LVW Advisors LLC now owns 15,189 shares of the technology company’s stock valued at $697,000 after buying an additional 248 shares during the period. Sequoia Financial Advisors LLC lifted its stake in shares of Relx by 2.1% during the first quarter. Sequoia Financial Advisors LLC now owns 12,707 shares of the technology company’s stock valued at $550,000 after buying an additional 260 shares during the period. Finally, Traveka Wealth LLC boosted its position in Relx by 4.5% during the second quarter. Traveka Wealth LLC now owns 6,115 shares of the technology company’s stock worth $281,000 after acquiring an additional 264 shares during the last quarter. 15.02% of the stock is currently owned by institutional investors and hedge funds.
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.
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