International Assets Investment Management LLC Purchases Shares of 26,720 Relx Plc (NYSE:RELX)

International Assets Investment Management LLC purchased a new stake in Relx Plc (NYSE:RELX) in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund purchased 26,720 shares of the technology company’s stock, valued at approximately $1,268,000.

Other hedge funds have also bought and sold shares of the company. Capital International Investors lifted its holdings in shares of Relx by 22.6% during the 1st quarter. Capital International Investors now owns 8,813,337 shares of the technology company’s stock worth $381,529,000 after acquiring an additional 1,623,705 shares during the period. Dimensional Fund Advisors LP boosted its stake in Relx by 6.0% in the second quarter. Dimensional Fund Advisors LP now owns 2,967,642 shares of the technology company’s stock valued at $136,155,000 after buying an additional 169,284 shares in the last quarter. Clearbridge Investments LLC raised its stake in Relx by 7.2% during the second quarter. Clearbridge Investments LLC now owns 2,260,445 shares of the technology company’s stock worth $103,709,000 after acquiring an additional 152,154 shares in the last quarter. Captrust Financial Advisors grew its holdings in shares of Relx by 185.6% during the 1st quarter. Captrust Financial Advisors now owns 669,375 shares of the technology company’s stock valued at $28,977,000 after purchasing an additional 434,963 shares during the last quarter. Finally, American Century Companies Inc. lifted its stake in Relx by 6.8% in the 2nd quarter. American Century Companies Inc. now owns 362,511 shares of the technology company’s stock valued at $16,632,000 after purchasing an additional 22,983 shares during the last quarter. 15.02% of the stock is owned by institutional investors.

Analyst Ratings Changes

A number of analysts have recently commented on the company. Citigroup raised Relx to a “strong-buy” rating in a research note on Tuesday, September 17th. StockNews.com initiated coverage on Relx in a research note on Wednesday, October 30th. They issued a “hold” rating on the stock.

Relx Stock Down 0.0 %

RELX stock opened at $47.06 on Tuesday. The firm has a market cap of $87.73 billion, a price-to-earnings ratio of 27.52, a PEG ratio of 3.26 and a beta of 0.90. The company’s fifty day simple moving average is $47.27 and its 200 day simple moving average is $45.61. Relx Plc has a 12-month low of $35.24 and a 12-month 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.