US Bancorp DE reduced its position in Relx Plc (NYSE:RELX - Free Report) by 5.5% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 266,182 shares of the technology company's stock after selling 15,388 shares during the quarter. US Bancorp DE's holdings in Relx were worth $12,633,000 as of its most recent SEC filing.
Other large investors have also recently added to or reduced their stakes in the company. Capital International Investors raised its holdings in Relx by 22.6% during the first quarter. Capital International Investors now owns 8,813,337 shares of the technology company's stock worth $381,529,000 after purchasing an additional 1,623,705 shares in the last quarter. Captrust Financial Advisors increased its position 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 worth $28,977,000 after purchasing an additional 434,963 shares in the last quarter. Mediolanum International Funds Ltd purchased a new stake in shares of Relx in the 3rd quarter valued at about $12,902,000. Dimensional Fund Advisors LP boosted its position in shares of Relx by 6.0% in the 2nd quarter. Dimensional Fund Advisors LP now owns 2,967,642 shares of the technology company's stock valued at $136,155,000 after purchasing an additional 169,284 shares during the period. Finally, Clearbridge Investments LLC grew its stake in Relx by 7.2% during the 2nd quarter. Clearbridge Investments LLC now owns 2,260,445 shares of the technology company's stock worth $103,709,000 after buying an additional 152,154 shares during the last quarter. 15.02% of the stock is owned by hedge funds and other institutional investors.
RELX opened at $47.08 on Friday. The business has a 50 day moving average price of $47.25 and a two-hundred day moving average price of $45.54. Relx Plc has a 52 week low of $34.58 and a 52 week high of $48.91.
RELX has been the subject of a number of research reports. Citigroup upgraded Relx to a "strong-buy" rating in a research note on Tuesday, September 17th. StockNews.com started coverage on shares of Relx in a report on Wednesday. They issued a "hold" rating on the stock.
Read Our Latest Report on 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.
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