Relx Plc (NYSE:RELX) Shares Sold by Jane Street Group LLC

Jane Street Group LLC cut its holdings in shares of Relx Plc (NYSE:RELX) by 97.8% during the third quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 4,728 shares of the technology company’s stock after selling 208,723 shares during the period. Jane Street Group LLC’s holdings in Relx were worth $224,000 as of its most recent SEC filing.

A number of other institutional investors have also recently modified their holdings of RELX. Venturi Wealth Management LLC lifted its stake in Relx by 0.9% in the 3rd quarter. Venturi Wealth Management LLC now owns 24,164 shares of the technology company’s stock valued at $1,147,000 after buying an additional 214 shares in the last quarter. Ballentine Partners LLC lifted 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 buying an additional 240 shares in the last quarter. Marshall Financial Group LLC lifted its stake in Relx by 0.8% in the 3rd 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 in the last quarter. Procyon Advisors LLC lifted its stake in Relx by 4.1% in the 3rd quarter. Procyon Advisors LLC now owns 6,734 shares of the technology company’s stock valued at $320,000 after buying an additional 265 shares in the last quarter. Finally, Axxcess Wealth Management LLC lifted its stake in Relx by 5.3% in the 3rd quarter. Axxcess Wealth Management LLC now owns 5,270 shares of the technology company’s stock valued at $250,000 after buying an additional 266 shares in the last quarter. 15.02% of the stock is currently owned by institutional investors and hedge funds.

Relx Price Performance

RELX opened at $46.39 on Friday. The company’s 50 day simple moving average is $46.51 and its two-hundred day simple moving average is $46.54. Relx Plc has a 1-year low of $40.09 and a 1-year high of $48.91. The firm has a market capitalization of $86.35 billion, a price-to-earnings ratio of 27.45, a price-to-earnings-growth ratio of 3.53 and a beta of 0.89.

Wall Street Analyst Weigh In

A number of research analysts recently weighed in on the stock. StockNews.com assumed coverage on shares of Relx in a research note on Wednesday, October 30th. They issued a “hold” rating on the stock. Redburn Atlantic assumed coverage on shares of Relx in a research note on Wednesday. They issued a “buy” rating on the stock. Finally, Citigroup raised shares of Relx to a “strong-buy” rating in a research note on Tuesday, September 17th.

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.