Relx Plc (NYSE:RELX) Stock Holdings Raised by JPMorgan Chase & Co.

JPMorgan Chase & Co. lifted its stake in shares of Relx Plc (NYSE:RELX) by 14.6% during the 3rd quarter, according to its most recent Form 13F filing with the SEC. The fund owned 826,481 shares of the technology company’s stock after purchasing an additional 104,999 shares during the period. JPMorgan Chase & Co.’s holdings in Relx were worth $39,225,000 as of its most recent filing with the SEC.

Several other large investors have also modified their holdings of the stock. Private Trust Co. NA raised its position in shares of Relx by 119.9% during the 3rd quarter. Private Trust Co. NA now owns 1,038 shares of the technology company’s stock valued at $49,000 after acquiring an additional 566 shares in the last quarter. Ashton Thomas Private Wealth LLC bought a new stake in shares of Relx during the 2nd quarter valued at about $107,000. Wilmington Savings Fund Society FSB acquired a new stake in Relx during the third quarter worth about $125,000. Cullen Frost Bankers Inc. lifted 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 acquiring an additional 1,490 shares during the last quarter. Finally, Grove Bank & Trust boosted its stake in Relx by 10.2% in the third quarter. Grove Bank & Trust now owns 3,758 shares of the technology company’s stock valued at $178,000 after acquiring an additional 348 shares during the period. Institutional investors own 15.02% of the company’s stock.

Wall Street Analyst Weigh In

A number of research firms recently weighed in on RELX. StockNews.com began coverage on shares of Relx in a report on Wednesday, October 30th. They issued a “hold” rating on the stock. Citigroup upgraded Relx to a “strong-buy” rating in a research report on Tuesday, September 17th.

Relx Trading Up 0.2 %

RELX stock opened at $45.43 on Monday. The firm’s 50-day moving average is $46.60 and its two-hundred day moving average is $46.52. The company has a market capitalization of $84.56 billion, a price-to-earnings ratio of 26.88, a price-to-earnings-growth 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.

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.