Jane Street Group LLC Trims Stock Position in Relx Plc (NYSE:RELX)

Jane Street Group LLC lessened its position in shares of Relx Plc (NYSE:RELX) by 97.8% during the 3rd quarter, Holdings Channel reports. The institutional investor owned 4,728 shares of the technology company’s stock after selling 208,723 shares during the quarter. Jane Street Group LLC’s holdings in Relx were worth $224,000 at the end of the most recent quarter.

Several other institutional investors have also recently made changes to their positions in RELX. Private Trust Co. NA raised its position in shares of Relx by 119.9% during the 3rd quarter. Private Trust Co. NA now owns 1,038 shares of the technology company’s stock valued at $49,000 after buying an additional 566 shares during the period. Ashton Thomas Private Wealth LLC acquired a new position in Relx during the second quarter worth $107,000. Grove Bank & Trust lifted its stake in Relx by 10.2% during the third quarter. Grove Bank & Trust now owns 3,758 shares of the technology company’s stock worth $178,000 after purchasing an additional 348 shares in the last quarter. Whittier Trust Co. of Nevada Inc. lifted its stake in Relx by 33.9% during the third quarter. Whittier Trust Co. of Nevada Inc. now owns 3,952 shares of the technology company’s stock worth $188,000 after purchasing an additional 1,000 shares in the last quarter. Finally, Sivia Capital Partners LLC acquired a new position in Relx during the third quarter worth $204,000. Hedge funds and other institutional investors own 15.02% of the company’s stock.

Relx Trading Down 0.8 %

Relx stock opened at $46.39 on Friday. Relx Plc has a twelve month low of $40.09 and a twelve month high of $48.91. The stock’s fifty day simple moving average is $46.51 and its 200-day simple moving average is $46.54. The firm has a market capitalization of $86.35 billion, a P/E ratio of 27.45, a P/E/G ratio of 3.53 and a beta of 0.89.

Wall Street Analysts Forecast Growth

A number of research analysts have commented on the company. Redburn Atlantic assumed coverage on Relx in a research note on Wednesday. They set a “buy” rating on the stock. Citigroup upgraded Relx to a “strong-buy” rating in a research note on Tuesday, September 17th. Finally, StockNews.com assumed coverage on Relx in a research note on Wednesday, October 30th. They set a “hold” rating on the stock.

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.