West Family Investments Inc. Takes $246,000 Position in Relx Plc (NYSE:RELX)

West Family Investments Inc. bought a new stake in shares of Relx Plc (NYSE:RELX) during the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor bought 5,190 shares of the technology company’s stock, valued at approximately $246,000.

Other large investors also recently modified their holdings of the company. Venturi Wealth Management LLC boosted its holdings in Relx by 0.9% in the third quarter. Venturi Wealth Management LLC now owns 24,164 shares of the technology company’s stock worth $1,147,000 after acquiring an additional 214 shares in the last quarter. Ballentine Partners LLC lifted its position in shares of Relx by 1.4% during the 3rd quarter. Ballentine Partners LLC now owns 17,306 shares of the technology company’s stock worth $821,000 after buying an additional 240 shares in the last quarter. Marshall Financial Group LLC boosted its stake 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 worth $1,448,000 after buying an additional 246 shares during the last quarter. LVW Advisors LLC boosted its position in Relx by 1.7% in the second quarter. LVW Advisors LLC now owns 15,189 shares of the technology company’s stock worth $697,000 after purchasing an additional 248 shares during the last quarter. Finally, Traveka Wealth LLC boosted its holdings in shares of Relx by 4.5% in the 2nd quarter. Traveka Wealth LLC now owns 6,115 shares of the technology company’s stock worth $281,000 after buying an additional 264 shares during the last quarter. Institutional investors and hedge funds own 15.02% of the company’s stock.

Analyst Ratings Changes

Several research analysts have recently weighed in on the company. StockNews.com assumed coverage on Relx in a research note on Wednesday, October 30th. They set a “hold” rating for the company. Citigroup raised shares of Relx to a “strong-buy” rating in a research note on Tuesday, September 17th.

Relx Stock Performance

NYSE:RELX opened at $45.32 on Wednesday. The business has a 50 day moving average of $47.27 and a 200 day moving average of $46.01. Relx Plc has a 1-year low of $37.13 and a 1-year high of $48.91.

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.