Relx Plc (NYSE:RELX) Shares Sold by Optas LLC

Optas LLC decreased its holdings in shares of Relx Plc (NYSE:RELX) by 4.5% in the 3rd quarter, Holdings Channel.com reports. The firm owned 8,028 shares of the technology company’s stock after selling 376 shares during the quarter. Optas LLC’s holdings in Relx were worth $381,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Indiana Trust & Investment Management CO purchased a new stake in shares of Relx during the 2nd quarter worth approximately $52,000. Whittier Trust Co. of Nevada Inc. grew its holdings in shares of Relx by 144.7% during the first quarter. Whittier Trust Co. of Nevada Inc. now owns 1,441 shares of the technology company’s stock worth $62,000 after purchasing an additional 852 shares during the last quarter. Rothschild Investment LLC acquired a new stake in shares of Relx during the second quarter worth about $72,000. TFC Financial Management Inc. purchased a new stake in shares of Relx in the 2nd quarter valued at about $88,000. Finally, Ashton Thomas Private Wealth LLC purchased a new stake in shares of Relx in the 2nd quarter valued at about $107,000. 15.02% of the stock is owned by institutional investors and hedge funds.

Relx Price Performance

NYSE RELX opened at $47.08 on Friday. Relx Plc has a 52-week low of $34.58 and a 52-week high of $48.91. The business’s 50-day moving average price is $47.25 and its 200 day moving average price is $45.54.

Wall Street Analyst Weigh In

A number of research analysts recently issued reports on the company. StockNews.com initiated coverage on Relx in a research note on Wednesday. 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.