Relx Plc (NYSE:RELX) Shares Sold by Marks Group Wealth Management Inc

Marks Group Wealth Management Inc lowered its stake in shares of Relx Plc (NYSE:RELX) by 4.4% during the third quarter, HoldingsChannel.com reports. The institutional investor owned 25,871 shares of the technology company’s stock after selling 1,177 shares during the quarter. Marks Group Wealth Management Inc’s holdings in Relx were worth $1,228,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the stock. QRG Capital Management Inc. grew its stake in shares of Relx by 18.1% in the 3rd quarter. QRG Capital Management Inc. now owns 249,185 shares of the technology company’s stock valued at $11,826,000 after buying an additional 38,169 shares during the period. BSW Wealth Partners lifted its holdings in Relx by 24.4% in the third quarter. BSW Wealth Partners now owns 11,259 shares of the technology company’s stock valued at $534,000 after acquiring an additional 2,209 shares during the last quarter. Farther Finance Advisors LLC increased its stake in Relx by 80.3% during the third quarter. Farther Finance Advisors LLC now owns 20,250 shares of the technology company’s stock worth $961,000 after acquiring an additional 9,021 shares during the last quarter. Financial Advocates Investment Management increased its stake in Relx by 5.5% during the third quarter. Financial Advocates Investment Management now owns 14,444 shares of the technology company’s stock worth $686,000 after acquiring an additional 748 shares during the last quarter. Finally, Diversify Wealth Management LLC lifted its stake in shares of Relx by 6.4% in the 3rd quarter. Diversify Wealth Management LLC now owns 36,268 shares of the technology company’s stock valued at $1,698,000 after purchasing an additional 2,192 shares during the last quarter. Institutional investors and hedge funds own 15.02% of the company’s stock.

Wall Street Analyst Weigh In

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

Relx Stock Down 0.4 %

Shares of NYSE RELX opened at $47.71 on Thursday. The stock has a fifty day simple moving average of $47.32 and a 200-day simple moving average of $45.68. Relx Plc has a twelve month low of $35.50 and a twelve month high of $48.91.

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.