Claro Advisors LLC Decreases Stock Holdings in Relx Plc (NYSE:RELX)

Claro Advisors LLC lessened its holdings in Relx Plc (NYSE:RELX) by 3.5% during the 3rd quarter, HoldingsChannel.com reports. The institutional investor owned 6,422 shares of the technology company’s stock after selling 231 shares during the quarter. Claro Advisors LLC’s holdings in Relx were worth $305,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. Venturi Wealth Management LLC grew its stake in Relx by 0.9% during the 3rd quarter. Venturi Wealth Management LLC now owns 24,164 shares of the technology company’s stock worth $1,147,000 after buying an additional 214 shares during the last quarter. Ballentine Partners LLC grew its position in shares of Relx by 1.4% during the third quarter. Ballentine Partners LLC now owns 17,306 shares of the technology company’s stock worth $821,000 after acquiring an additional 240 shares during the last quarter. Marshall Financial Group LLC increased its holdings in shares of 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 acquiring an additional 246 shares during the period. LVW Advisors LLC raised its position in Relx by 1.7% in the 2nd quarter. LVW Advisors LLC now owns 15,189 shares of the technology company’s stock valued at $697,000 after purchasing an additional 248 shares during the last quarter. Finally, Traveka Wealth LLC boosted its stake in Relx by 4.5% during the 2nd quarter. Traveka Wealth LLC now owns 6,115 shares of the technology company’s stock worth $281,000 after purchasing an additional 264 shares during the period. 15.02% of the stock is currently owned by institutional investors and hedge funds.

Relx Stock Performance

Shares of NYSE:RELX opened at $45.10 on Tuesday. Relx Plc has a 52 week low of $37.13 and a 52 week high of $48.91. The company has a 50-day moving average price of $47.31 and a 200 day moving average price of $45.98.

Wall Street Analysts Forecast Growth

A number of research firms have commented on RELX. Citigroup upgraded shares of Relx to a “strong-buy” rating in a research note on Tuesday, September 17th. StockNews.com initiated coverage on Relx in a research report on Wednesday, October 30th. They set a “hold” rating for the company.

Relx 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.