Pitcairn Co. Reduces Holdings in Relx Plc (NYSE:RELX)

Pitcairn Co. trimmed its position in shares of Relx Plc (NYSE:RELX) by 3.1% in the 3rd quarter, Holdings Channel reports. The institutional investor owned 31,397 shares of the technology company’s stock after selling 1,003 shares during the quarter. Pitcairn Co.’s holdings in Relx were worth $1,490,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently bought and sold shares of the company. Atria Investments Inc boosted its stake in shares of Relx by 27.6% during the first quarter. Atria Investments Inc now owns 81,038 shares of the technology company’s stock valued at $3,508,000 after purchasing an additional 17,508 shares during the period. Captrust Financial Advisors boosted its stake in shares of Relx by 185.6% during the first quarter. Captrust Financial Advisors now owns 669,375 shares of the technology company’s stock valued at $28,977,000 after purchasing an additional 434,963 shares during the period. CWA Asset Management Group LLC purchased a new stake in shares of Relx during the third quarter valued at $548,000. Timber Creek Capital Management LLC boosted its stake in shares of Relx by 3,737.1% during the second quarter. Timber Creek Capital Management LLC now owns 38,524 shares of the technology company’s stock valued at $1,768,000 after purchasing an additional 37,520 shares during the period. Finally, Choreo LLC purchased a new stake in shares of Relx during the second quarter valued at $793,000. 15.02% of the stock is owned by hedge funds and other institutional investors.

Relx Stock Performance

RELX stock opened at $46.75 on Friday. The business has a 50-day moving average price of $47.17 and a 200 day moving average price of $46.05. Relx Plc has a 1-year low of $38.08 and a 1-year high of $48.91.

Analyst Ratings Changes

A number of analysts have recently issued reports on RELX shares. Citigroup raised shares of Relx to a “strong-buy” rating in a research note on Tuesday, September 17th. StockNews.com began coverage on shares of Relx in a research note on Wednesday, October 30th. They set a “hold” rating for the company.

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.