Relx Plc (NYSE:RELX) Shares Acquired by Financial Advocates Investment Management

by · The Cerbat Gem

Financial Advocates Investment Management increased its holdings in shares of Relx Plc (NYSE:RELX – Free Report) by 5.5% during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 14,444 shares of the technology company’s stock after buying an additional 748 shares during the quarter. Financial Advocates Investment Management’s holdings in Relx were worth $686,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds have also modified their holdings of the company. O Shaughnessy Asset Management LLC raised its stake in shares of Relx by 12.0% in the 1st quarter. O Shaughnessy Asset Management LLC now owns 342,665 shares of the technology company’s stock valued at $14,834,000 after acquiring an additional 36,810 shares during the period. Atria Investments Inc boosted its position in shares of Relx by 27.6% in the first quarter. Atria Investments Inc now owns 81,038 shares of the technology company’s stock worth $3,508,000 after buying an additional 17,508 shares during the period. Captrust Financial Advisors grew its stake in shares of Relx by 185.6% in the first quarter. Captrust Financial Advisors now owns 669,375 shares of the technology company’s stock valued at $28,977,000 after buying an additional 434,963 shares in the last quarter. Quantbot Technologies LP raised its holdings in shares of Relx by 400.5% during the 1st quarter. Quantbot Technologies LP now owns 53,902 shares of the technology company’s stock valued at $2,333,000 after buying an additional 43,133 shares during the period. Finally, BNP Paribas Financial Markets acquired a new position in Relx during the 1st quarter worth approximately $1,638,000. 15.02% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

RELX has been the topic of a number of analyst reports. StockNews.com assumed coverage on shares of Relx in a research note on Wednesday. They set a “hold” rating on the stock. Citigroup upgraded shares of Relx to a “strong-buy” rating in a report on Tuesday, September 17th.

View Our Latest Research Report on Relx

Relx Stock Performance

RELX stock opened at $47.09 on Friday. The stock’s 50 day moving average is $47.25 and its two-hundred day moving average is $45.51. Relx Plc has a 52-week low of $34.58 and a 52-week high of $48.91.

Relx Company Profile

(Free Report)

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.

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