Blue Trust Inc. Has $745,000 Stock Holdings in Relx Plc (NYSE:RELX)

Blue Trust Inc. raised its holdings in shares of Relx Plc (NYSE:RELX) by 46.8% in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 15,698 shares of the technology company’s stock after acquiring an additional 5,004 shares during the quarter. Blue Trust Inc.’s holdings in Relx were worth $745,000 at the end of the most recent reporting period.

Several other hedge funds also recently made changes to their positions in RELX. FMR LLC increased its position in shares of Relx by 8.3% during the 3rd quarter. FMR LLC now owns 7,148,837 shares of the technology company’s stock worth $339,284,000 after purchasing an additional 548,423 shares during the last quarter. Mediolanum International Funds Ltd acquired a new stake in Relx in the third quarter valued at $12,902,000. Clearbridge Investments LLC lifted its stake in Relx by 7.2% in the second quarter. Clearbridge Investments LLC now owns 2,260,445 shares of the technology company’s stock valued at $103,709,000 after acquiring an additional 152,154 shares during the last quarter. Bank of Montreal Can grew its position in shares of Relx by 194.9% in the 3rd quarter. Bank of Montreal Can now owns 227,211 shares of the technology company’s stock valued at $10,806,000 after acquiring an additional 150,163 shares during the period. Finally, Public Employees Retirement System of Ohio acquired a new position in shares of Relx during the 3rd quarter worth about $6,366,000. 15.02% of the stock is owned by institutional investors.

Relx Stock Down 0.3 %

Shares of RELX opened at $49.25 on Thursday. The company’s 50-day moving average is $46.89 and its 200-day moving average is $46.74. The company has a debt-to-equity ratio of 1.63, a current ratio of 0.48 and a quick ratio of 0.42. Relx Plc has a fifty-two week low of $40.25 and a fifty-two week high of $49.63.

Wall Street Analysts Forecast Growth

RELX has been the subject of a number of research analyst reports. StockNews.com assumed coverage on Relx in a report on Wednesday, October 30th. They set a “hold” rating for the company. Redburn Atlantic initiated coverage on Relx in a research note on Wednesday, January 8th. They set a “buy” rating for the company.

Relx Company Profile

RELX Plc engages in provision of information and analytics solutions for professional and business customers across industries. It operates through the following business segments: Scientific, Technical & Medical; Risk & Business Analytics; Legal; and Exhibitions. The Scientific, Technical & Medical segment is a global information analytics business that helps institutions and professionals advance healthcare, open science, and improve performance for the benefit of humanity.