Ritholtz Wealth Management Raises Position in Relx Plc (NYSE:RELX)

Ritholtz Wealth Management boosted its holdings in Relx Plc (NYSE:RELX) by 0.5% in the fourth quarter, according to its most recent Form 13F filing with the SEC. The fund owned 148,234 shares of the technology company’s stock after purchasing an additional 781 shares during the period. Ritholtz Wealth Management’s holdings in Relx were worth $6,733,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Venturi Wealth Management LLC lifted its holdings in shares of Relx by 0.9% in the third quarter. Venturi Wealth Management LLC now owns 24,164 shares of the technology company’s stock valued at $1,147,000 after purchasing an additional 214 shares in the last quarter. Ballentine Partners LLC grew its position in shares of Relx by 1.4% in the third quarter. Ballentine Partners LLC now owns 17,306 shares of the technology company’s stock valued at $821,000 after purchasing an additional 240 shares during the last quarter. Marshall Financial Group LLC grew its position in shares of Relx by 0.8% in the third quarter. Marshall Financial Group LLC now owns 30,515 shares of the technology company’s stock valued at $1,448,000 after purchasing an additional 246 shares during the last quarter. Procyon Advisors LLC grew its position in Relx by 4.1% during the third quarter. Procyon Advisors LLC now owns 6,734 shares of the technology company’s stock worth $320,000 after buying an additional 265 shares in the last quarter. Finally, Axxcess Wealth Management LLC grew its position in Relx by 5.3% during the third quarter. Axxcess Wealth Management LLC now owns 5,270 shares of the technology company’s stock worth $250,000 after buying an additional 266 shares in the last quarter. Hedge funds and other institutional investors own 15.02% of the company’s stock.

Wall Street Analyst Weigh In

A number of research analysts have recently issued reports on RELX shares. Redburn Atlantic began coverage on shares of Relx in a research note on Wednesday, January 8th. They issued a “buy” rating for the company. StockNews.com initiated coverage on shares of Relx in a report on Wednesday, October 30th. They set a “hold” rating for the company.

Relx Trading Up 1.9 %

Shares of NYSE:RELX opened at $47.95 on Friday. Relx Plc has a 52-week low of $40.25 and a 52-week high of $48.91. The company has a 50-day simple moving average of $46.43 and a 200 day simple moving average of $46.55.

Relx Profile

RELX Plc engages in provision of information and analytics solutions for professional and business customers across industries. It operates through the following business segments: Scientific, Technical & Medical; Risk & Business Analytics; Legal; and Exhibitions. The Scientific, Technical & Medical segment is a global information analytics business that helps institutions and professionals advance healthcare, open science, and improve performance for the benefit of humanity.