MML Investors Services LLC Boosts Position in Relx Plc (NYSE:RELX)

MML Investors Services LLC raised its stake in Relx Plc (NYSE:RELX) by 2.2% during the 3rd quarter, HoldingsChannel.com reports. The firm owned 112,812 shares of the technology company’s stock after acquiring an additional 2,395 shares during the period. MML Investors Services LLC’s holdings in Relx were worth $5,354,000 as of its most recent SEC filing.

Other hedge funds also recently added to or reduced their stakes in the company. Private Trust Co. NA boosted its holdings in shares of Relx by 119.9% in the 3rd quarter. Private Trust Co. NA now owns 1,038 shares of the technology company’s stock valued at $49,000 after buying an additional 566 shares in the last quarter. Rothschild Investment LLC purchased a new position in shares of Relx during the second quarter worth about $72,000. TFC Financial Management Inc. purchased a new position in shares of Relx during the second quarter worth about $88,000. Ashton Thomas Private Wealth LLC acquired a new stake in shares of Relx during the second quarter worth about $107,000. Finally, Cullen Frost Bankers Inc. lifted its holdings in shares of Relx by 119.0% in the 2nd quarter. Cullen Frost Bankers Inc. now owns 2,742 shares of the technology company’s stock valued at $126,000 after purchasing an additional 1,490 shares during the last quarter. 15.02% of the stock is currently owned by hedge funds and other institutional investors.

Relx Price Performance

Shares of NYSE:RELX opened at $47.35 on Friday. Relx Plc has a one year low of $38.08 and a one year high of $48.91. The company has a 50-day simple moving average of $47.00 and a 200-day simple moving average of $46.37.

Analyst Ratings Changes

A number of research analysts recently issued reports on the company. StockNews.com began coverage on Relx in a research note on Wednesday, October 30th. They set a “hold” rating on the stock. 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.