Relx Plc (NYSE:RELX) Shares Acquired by GAMMA Investing LLC

GAMMA Investing LLC boosted its holdings in Relx Plc (NYSE:RELX) by 11.3% in the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 10,908 shares of the technology company’s stock after purchasing an additional 1,104 shares during the quarter. GAMMA Investing LLC’s holdings in Relx were worth $495,000 as of its most recent SEC filing.

Several other hedge funds also recently added to or reduced their stakes in the stock. Versant Capital Management Inc acquired a new position in shares of Relx in the 4th quarter valued at $31,000. Private Trust Co. NA grew its holdings in shares of 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 purchasing 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 about $107,000. Wilmington Savings Fund Society FSB acquired a new stake in shares of Relx during the third quarter worth about $125,000. Finally, Cullen Frost Bankers Inc. lifted 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 during the last quarter. 15.02% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Ratings Changes

Several research analysts have commented on RELX shares. StockNews.com assumed coverage on Relx in a research report on Wednesday, October 30th. They set a “hold” rating on the stock. Citigroup raised shares of Relx to a “strong-buy” rating in a report on Tuesday, September 17th.

Relx Stock Up 0.2 %

NYSE RELX opened at $45.43 on Monday. The firm has a market cap of $84.56 billion, a P/E ratio of 26.88, a P/E/G ratio of 3.53 and a beta of 0.89. Relx Plc has a 52-week low of $39.15 and a 52-week high of $48.91. The business’s 50-day moving average price is $46.60 and its 200 day moving average price is $46.52.

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.