Ballentine Partners LLC Purchases 240 Shares of Relx Plc (NYSE:RELX)

Ballentine Partners LLC grew its position in Relx Plc (NYSE:RELX) by 1.4% during the third quarter, Holdings Channel reports. The institutional investor owned 17,306 shares of the technology company’s stock after acquiring an additional 240 shares during the quarter. Ballentine Partners LLC’s holdings in Relx were worth $821,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently modified their holdings of the company. Marshall Financial Group LLC boosted its stake in 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 acquiring an additional 246 shares in the last quarter. LVW Advisors LLC boosted its position in shares of Relx by 1.7% in the 2nd quarter. LVW Advisors LLC now owns 15,189 shares of the technology company’s stock worth $697,000 after purchasing an additional 248 shares in the last quarter. Sequoia Financial Advisors LLC grew its stake in Relx by 2.1% during the 1st quarter. Sequoia Financial Advisors LLC now owns 12,707 shares of the technology company’s stock worth $550,000 after buying an additional 260 shares during the last quarter. Traveka Wealth LLC increased its position in Relx by 4.5% during the 2nd quarter. Traveka Wealth LLC now owns 6,115 shares of the technology company’s stock valued at $281,000 after buying an additional 264 shares in the last quarter. Finally, Procyon Advisors LLC raised its stake in Relx by 4.1% in the third quarter. Procyon Advisors LLC now owns 6,734 shares of the technology company’s stock valued at $320,000 after buying an additional 265 shares during the last quarter. Hedge funds and other institutional investors own 15.02% of the company’s stock.

Relx Price Performance

Shares of RELX stock opened at $47.42 on Friday. The business has a fifty day moving average of $47.14 and a 200 day moving average of $45.33. Relx Plc has a 1 year low of $33.94 and a 1 year high of $48.91. The firm has a market capitalization of $88.59 billion, a price-to-earnings ratio of 27.57, a price-to-earnings-growth ratio of 3.32 and a beta of 0.89.

Analysts Set New Price Targets

RELX has been the topic of a number of research analyst reports. Citigroup upgraded Relx to a “strong-buy” rating in a research note on Tuesday, September 17th. StockNews.com lowered shares of Relx from a “buy” rating to a “hold” rating in a research note on Saturday, August 31st.

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.