Cynosure Group LLC Raises Position in Relx Plc (NYSE:RELX)

Cynosure Group LLC grew its holdings in Relx Plc (NYSE:RELX) by 10.8% in the third quarter, Holdings Channel reports. The firm owned 9,332 shares of the technology company’s stock after buying an additional 907 shares during the quarter. Cynosure Group LLC’s holdings in Relx were worth $443,000 as of its most recent SEC filing.

Other hedge funds have also recently made changes to their positions in the company. Private Trust Co. NA boosted its holdings in Relx by 119.9% in the third quarter. Private Trust Co. NA now owns 1,038 shares of the technology company’s stock worth $49,000 after purchasing an additional 566 shares during the last quarter. Indiana Trust & Investment Management CO bought a new position in shares of Relx during the 2nd quarter valued at $52,000. Rothschild Investment LLC purchased a new position in shares of Relx in the 2nd quarter worth $72,000. TFC Financial Management Inc. bought a new stake in shares of Relx in the second quarter worth $88,000. Finally, Ashton Thomas Private Wealth LLC purchased a new stake in Relx during the second quarter valued at $107,000. 15.02% of the stock is owned by hedge funds and other institutional investors.

Relx Price Performance

NYSE:RELX opened at $47.05 on Thursday. Relx Plc has a 52-week low of $38.08 and a 52-week high of $48.91. The stock has a 50-day simple moving average of $47.11 and a two-hundred day simple moving average of $46.13.

Analyst Ratings Changes

Several research analysts have issued reports on RELX shares. Citigroup raised Relx to a “strong-buy” rating in a research report on Tuesday, September 17th. StockNews.com started coverage on shares of Relx in a research note on Wednesday, October 30th. They issued a “hold” rating on the stock.

Relx Company 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.