Ritholtz Wealth Management Has $6.73 Million Stake in Relx Plc (NYSE:RELX)

Ritholtz Wealth Management boosted its position in Relx Plc (NYSE:RELX) by 0.5% during the 4th quarter, Holdings Channel.com reports. The institutional investor owned 148,234 shares of the technology company’s stock after purchasing an additional 781 shares during the period. Ritholtz Wealth Management’s holdings in Relx were worth $6,733,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Venturi Wealth Management LLC increased its position in shares of Relx by 0.9% during the third quarter. Venturi Wealth Management LLC now owns 24,164 shares of the technology company’s stock worth $1,147,000 after acquiring an additional 214 shares in the last quarter. Ballentine Partners LLC boosted its stake 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 acquiring an additional 240 shares during the last quarter. Marshall Financial Group LLC boosted its stake in Relx by 0.8% in the third quarter. Marshall Financial Group LLC now owns 30,515 shares of the technology company’s stock valued at $1,448,000 after acquiring an additional 246 shares during the last quarter. Procyon Advisors LLC lifted its stake in shares of Relx by 4.1% during the 3rd quarter. Procyon Advisors LLC now owns 6,734 shares of the technology company’s stock valued at $320,000 after buying an additional 265 shares in the last quarter. Finally, Axxcess Wealth Management LLC lifted its stake in Relx by 5.3% in the 3rd quarter. Axxcess Wealth Management LLC now owns 5,270 shares of the technology company’s stock worth $250,000 after purchasing an additional 266 shares in the last quarter. 15.02% of the stock is owned by institutional investors.

Relx Stock Performance

NYSE:RELX opened at $47.95 on Friday. The firm has a 50-day simple moving average of $46.43 and a two-hundred day simple moving average of $46.55. Relx Plc has a fifty-two week low of $40.25 and a fifty-two week high of $48.91.

Wall Street Analysts Forecast Growth

A number of equities analysts have recently commented on the stock. Redburn Atlantic initiated coverage on shares of Relx in a report on Wednesday, January 8th. They issued a “buy” rating on the stock. StockNews.com initiated coverage on shares of Relx in a research report on Wednesday, October 30th. They set a “hold” 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.