Lake Street Advisors Group LLC Sells 2,034 Shares of Relx Plc (NYSE:RELX)

Lake Street Advisors Group LLC trimmed its stake in Relx Plc (NYSE:RELX) by 11.4% in the third quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 15,747 shares of the technology company’s stock after selling 2,034 shares during the period. Lake Street Advisors Group LLC’s holdings in Relx were worth $747,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also bought and sold shares of the company. O Shaughnessy Asset Management LLC increased its holdings in Relx by 12.0% in the first quarter. O Shaughnessy Asset Management LLC now owns 342,665 shares of the technology company’s stock valued at $14,834,000 after purchasing an additional 36,810 shares during the period. Norden Group LLC acquired a new stake in Relx in the first quarter valued at $4,398,000. Atria Investments Inc increased its holdings in Relx by 27.6% in the first quarter. Atria Investments Inc now owns 81,038 shares of the technology company’s stock valued at $3,508,000 after purchasing an additional 17,508 shares during the period. Captrust Financial Advisors grew its holdings in Relx by 185.6% during the 1st quarter. Captrust Financial Advisors now owns 669,375 shares of the technology company’s stock worth $28,977,000 after acquiring an additional 434,963 shares during the period. Finally, Blue Zone Wealth Advisors LLC acquired a new stake in Relx during the 1st quarter worth about $4,401,000. 15.02% of the stock is currently owned by institutional investors and hedge funds.

Relx Trading Up 0.7 %

Shares of Relx stock opened at $47.42 on Friday. The business has a 50-day moving average price of $47.10 and a two-hundred day moving average price of $45.29. Relx Plc has a 1-year low of $33.94 and a 1-year high of $48.91.

Wall Street Analysts Forecast Growth

A number of brokerages have weighed in on RELX. StockNews.com downgraded Relx from a “buy” rating to a “hold” rating in a report on Saturday, August 31st. Citigroup upgraded Relx to a “strong-buy” rating in a report on Tuesday, September 17th.

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.