Level Four Advisory Services LLC reduced its position in Relx Plc (NYSE:RELX) by 41.9% during the 2nd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 14,310 shares of the technology company’s stock after selling 10,312 shares during the quarter. Level Four Advisory Services LLC’s holdings in Relx Plc were worth $283,000 at the end of the most recent quarter.
Other institutional investors also recently made changes to their positions in the company. Shine Investment Advisory Services Inc. bought a new stake in shares of Relx Plc during the 2nd quarter valued at approximately $101,000. PNC Financial Services Group Inc. grew its holdings in shares of Relx Plc by 44.0% during the 1st quarter. PNC Financial Services Group Inc. now owns 7,033 shares of the technology company’s stock valued at $139,000 after purchasing an additional 2,150 shares during the last quarter. Grove Bank & Trust grew its holdings in shares of Relx Plc by 45.9% during the 2nd quarter. Grove Bank & Trust now owns 6,990 shares of the technology company’s stock valued at $153,000 after purchasing an additional 2,200 shares during the last quarter. Strategic Global Advisors LLC acquired a new stake in Relx Plc during the 2nd quarter worth approximately $204,000. Finally, HighTower Advisors LLC acquired a new stake in Relx Plc during the 2nd quarter worth approximately $206,000. 2.17% of the stock is currently owned by institutional investors.
Shares of Relx Plc (RELX) traded down 0.30% during mid-day trading on Friday, reaching $23.09. 83,168 shares of the company’s stock were exchanged. The firm has a market capitalization of $46.53 billion, a P/E ratio of 27.82 and a beta of 0.76. The stock has a 50-day moving average of $22.48 and a 200 day moving average of $21.73. Relx Plc has a one year low of $16.19 and a one year high of $23.13.
Several equities research analysts recently commented on the stock. Zacks Investment Research upgraded shares of Relx Plc from a “sell” rating to a “hold” rating in a research report on Thursday, September 28th. BidaskClub downgraded shares of Relx Plc from a “buy” rating to a “hold” rating in a research report on Thursday, September 14th. Four research analysts have rated the stock with a hold rating and four have given a buy rating to the stock. Relx Plc has an average rating of “Buy”.
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Relx Plc Company Profile
RELX PLC is a holding company, which holds interests in RELX Group plc. RELX Group is a global provider of information and analytics for professional and business customers across industries. The Company operates in four segments: Scientific, Technical & Medical; Risk & Business Analytics; Legal, and Exhibitions.
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