PNC Financial Services Group Inc. Has $2.34 Million Holdings in Relx Plc (NYSE:RELX)

PNC Financial Services Group Inc. trimmed its position in Relx Plc (NYSE:RELX) by 2.0% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 49,335 shares of the technology company’s stock after selling 998 shares during the quarter. PNC Financial Services Group Inc.’s holdings in Relx were worth $2,341,000 at the end of the most recent quarter.

Other institutional investors have also made changes to their positions in the company. Dimensional Fund Advisors LP lifted its stake in Relx by 6.0% in the 2nd quarter. Dimensional Fund Advisors LP now owns 2,967,642 shares of the technology company’s stock worth $136,155,000 after acquiring an additional 169,284 shares in the last quarter. Clearbridge Investments LLC lifted its position in shares of Relx by 7.2% in the second quarter. Clearbridge Investments LLC now owns 2,260,445 shares of the technology company’s stock worth $103,709,000 after purchasing an additional 152,154 shares in the last quarter. American Century Companies Inc. boosted its holdings in shares of Relx by 6.8% during the second quarter. American Century Companies Inc. now owns 362,511 shares of the technology company’s stock worth $16,632,000 after purchasing an additional 22,983 shares during the period. Eagle Ridge Investment Management grew its position in Relx by 1.2% during the third quarter. Eagle Ridge Investment Management now owns 316,601 shares of the technology company’s stock valued at $15,026,000 after purchasing an additional 3,779 shares in the last quarter. Finally, Mediolanum International Funds Ltd acquired a new position in Relx in the 3rd quarter valued at approximately $12,902,000. 15.02% of the stock is owned by hedge funds and other institutional investors.

Relx Trading Down 0.4 %

NYSE RELX opened at $46.57 on Tuesday. The company has a 50 day moving average price of $47.14 and a two-hundred day moving average price of $46.09. Relx Plc has a 12-month low of $38.08 and a 12-month high of $48.91.

Wall Street Analysts Forecast Growth

Several equities analysts have recently commented on RELX shares. StockNews.com assumed coverage on shares of Relx in a report on Wednesday, October 30th. They set a “hold” rating on the stock. Citigroup upgraded Relx to a “strong-buy” rating in a research note on Tuesday, September 17th.

Relx 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.