Wrapmanager Inc. Decreases Position in Relx Plc (NYSE:RELX)

Wrapmanager Inc. reduced its position in shares of Relx Plc (NYSE:RELX) by 16.7% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 4,502 shares of the technology company’s stock after selling 900 shares during the period. Wrapmanager Inc.’s holdings in Relx were worth $214,000 at the end of the most recent quarter.

Several other large investors have also recently made changes to their positions in RELX. Indiana Trust & Investment Management CO acquired a new position in Relx during the second quarter worth about $52,000. Rothschild Investment LLC acquired a new stake in shares of Relx in the 2nd quarter worth $72,000. TFC Financial Management Inc. purchased a new position in shares of Relx during the 2nd quarter worth $88,000. Ashton Thomas Private Wealth LLC acquired a new position in shares of Relx during the 2nd quarter valued at about $107,000. Finally, Cullen Frost Bankers Inc. grew its holdings in shares of Relx by 119.0% in the second 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 period. 15.02% of the stock is currently owned by hedge funds and other institutional investors.

Relx Stock Up 0.6 %

Shares of NYSE RELX opened at $45.32 on Wednesday. Relx Plc has a twelve month low of $37.13 and a twelve month high of $48.91. The stock has a fifty day simple moving average of $47.27 and a 200-day simple moving average of $46.01.

Wall Street Analyst Weigh In

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

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.