Northwest & Ethical Investments L.P. Increases Holdings in Relx Plc (NYSE:RELX)

Northwest & Ethical Investments L.P. grew its holdings in Relx Plc (NYSE:RELX) by 124.4% during the third quarter, according to the company in its most recent filing with the SEC. The fund owned 199,461 shares of the technology company’s stock after acquiring an additional 110,564 shares during the quarter. Northwest & Ethical Investments L.P.’s holdings in Relx were worth $9,466,000 at the end of the most recent reporting period.

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

Relx Trading Up 0.5 %

Shares of RELX opened at $47.05 on Friday. Relx Plc has a fifty-two week low of $38.08 and a fifty-two week high of $48.91. The firm has a 50-day simple moving average of $47.09 and a 200-day simple moving average of $46.13.

Analyst Ratings Changes

Several equities research analysts have recently weighed in on RELX shares. StockNews.com initiated coverage on Relx in a report on Wednesday, October 30th. They issued a “hold” rating for the company. Citigroup upgraded shares of Relx to a “strong-buy” rating in a research report on Tuesday, September 17th.

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.