Allspring Global Investments Holdings LLC Acquires 416 Shares of Relx Plc (NYSE:RELX)

Allspring Global Investments Holdings LLC increased its position in shares of Relx Plc (NYSE:RELX) by 3.3% in the third quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 12,874 shares of the technology company’s stock after buying an additional 416 shares during the quarter. Allspring Global Investments Holdings LLC’s holdings in Relx were worth $611,000 as of its most recent SEC filing.

A number of other hedge funds have also modified their holdings of RELX. Indiana Trust & Investment Management CO acquired a new position in Relx during the second quarter valued at approximately $52,000. Whittier Trust Co. of Nevada Inc. lifted its holdings in Relx by 144.7% during the 1st quarter. Whittier Trust Co. of Nevada Inc. now owns 1,441 shares of the technology company’s stock worth $62,000 after purchasing an additional 852 shares during the last quarter. Rothschild Investment LLC bought a new position in Relx during the 2nd quarter worth $72,000. TFC Financial Management Inc. bought a new position in Relx during the 2nd quarter worth $88,000. Finally, Ashton Thomas Private Wealth LLC bought a new position in shares of Relx in the 2nd quarter valued at $107,000. 15.02% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

Several brokerages have recently issued reports on RELX. StockNews.com began coverage on Relx in a research note on Wednesday. They issued a “hold” rating on the stock. Citigroup raised Relx to a “strong-buy” rating in a report on Tuesday, September 17th.

Relx Stock Up 1.9 %

Shares of Relx stock opened at $47.09 on Friday. Relx Plc has a one year low of $34.58 and a one year high of $48.91. The business has a 50-day simple moving average of $47.25 and a 200 day simple moving average of $45.51.

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.