Raymond James Trust N.A. Buys 399 Shares of Relx Plc (NYSE:RELX)

Raymond James Trust N.A. raised its stake in Relx Plc (NYSE:RELX) by 2.6% during the third quarter, HoldingsChannel.com reports. The institutional investor owned 15,631 shares of the technology company’s stock after buying an additional 399 shares during the period. Raymond James Trust N.A.’s holdings in Relx were worth $742,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently modified their holdings of the stock. Venturi Wealth Management LLC boosted its holdings in shares of Relx by 0.9% during the 3rd quarter. Venturi Wealth Management LLC now owns 24,164 shares of the technology company’s stock valued at $1,147,000 after acquiring an additional 214 shares in the last quarter. Ballentine Partners LLC raised its position in Relx by 1.4% in the third quarter. Ballentine Partners LLC now owns 17,306 shares of the technology company’s stock valued at $821,000 after purchasing an additional 240 shares during the last quarter. Marshall Financial Group LLC boosted its stake in shares of Relx by 0.8% during the third quarter. Marshall Financial Group LLC now owns 30,515 shares of the technology company’s stock valued at $1,448,000 after purchasing an additional 246 shares in the last quarter. LVW Advisors LLC grew its holdings in shares of Relx by 1.7% during the second quarter. LVW Advisors LLC now owns 15,189 shares of the technology company’s stock worth $697,000 after purchasing an additional 248 shares during the last quarter. Finally, Traveka Wealth LLC increased its stake in shares of Relx by 4.5% in the second quarter. Traveka Wealth LLC now owns 6,115 shares of the technology company’s stock valued at $281,000 after buying an additional 264 shares during the period. Institutional investors own 15.02% of the company’s stock.

Relx Stock Performance

Shares of RELX opened at $46.57 on Tuesday. The business has a 50-day moving average of $47.14 and a 200-day moving average of $46.09. Relx Plc has a 1 year low of $38.08 and a 1 year high of $48.91.

Wall Street Analysts Forecast Growth

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

About 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.