Charles Schwab Investment Management Inc. Buys 14,088 Shares of Relx Plc (NYSE:RELX)

Charles Schwab Investment Management Inc. raised its holdings in Relx Plc (NYSE:RELX) by 13.3% in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 120,300 shares of the technology company’s stock after purchasing an additional 14,088 shares during the quarter. Charles Schwab Investment Management Inc.’s holdings in Relx were worth $5,709,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. CWA Asset Management Group LLC bought a new position in Relx in the 3rd quarter valued at $548,000. Timber Creek Capital Management LLC increased its holdings in shares of Relx by 3,737.1% in the second quarter. Timber Creek Capital Management LLC now owns 38,524 shares of the technology company’s stock worth $1,768,000 after buying an additional 37,520 shares during the period. Choreo LLC bought a new stake in shares of Relx in the 2nd quarter valued at about $793,000. Creative Planning lifted its position in Relx by 16.4% in the second quarter. Creative Planning now owns 128,930 shares of the technology company’s stock valued at $5,915,000 after purchasing an additional 18,199 shares during the last quarter. Finally, International Assets Investment Management LLC purchased a new stake in shares of Relx during the third quarter valued at approximately $1,268,000. 15.02% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Ratings Changes

Several research firms recently weighed in on RELX. Citigroup upgraded shares of Relx to a “strong-buy” rating in a report on Tuesday, September 17th. StockNews.com initiated coverage on Relx in a research report on Wednesday, October 30th. They set a “hold” rating for the company.

Relx Stock Performance

RELX stock opened at $47.35 on Friday. Relx Plc has a 1-year low of $38.08 and a 1-year high of $48.91. The business has a 50 day simple moving average of $47.00 and a two-hundred day simple moving average of $46.37.

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.