5,364 Shares in Relx Plc (NYSE:RELX) Bought by Verition Fund Management LLC

Verition Fund Management LLC acquired a new stake in Relx Plc (NYSE:RELX) during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm acquired 5,364 shares of the technology company’s stock, valued at approximately $255,000.

Several other hedge funds also recently added to or reduced their stakes in RELX. FMR LLC lifted its position in 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 acquiring an additional 548,423 shares in the last quarter. Mediolanum International Funds Ltd acquired a new position in shares of Relx in the third quarter worth about $12,902,000. Dimensional Fund Advisors LP boosted its holdings in Relx by 6.0% in the second quarter. Dimensional Fund Advisors LP now owns 2,967,642 shares of the technology company’s stock valued at $136,155,000 after purchasing an additional 169,284 shares during the last quarter. Clearbridge Investments LLC grew its stake in Relx by 7.2% during the 2nd quarter. Clearbridge Investments LLC now owns 2,260,445 shares of the technology company’s stock valued at $103,709,000 after purchasing an additional 152,154 shares in the last quarter. Finally, Bank of Montreal Can increased its holdings in Relx by 194.9% during the 3rd quarter. Bank of Montreal Can now owns 227,211 shares of the technology company’s stock worth $10,806,000 after purchasing an additional 150,163 shares during the last quarter. 15.02% of the stock is owned by hedge funds and other institutional investors.

Relx Trading Down 0.5 %

RELX stock opened at $47.06 on Friday. Relx Plc has a 1-year low of $38.08 and a 1-year high of $48.91. The firm has a fifty day moving average price of $47.03 and a two-hundred day moving average price of $46.41.

Wall Street Analyst Weigh In

A number of brokerages have recently issued reports on RELX. StockNews.com assumed coverage on shares of Relx in a research note on Wednesday, October 30th. They issued 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.