Relx Plc (NYSE:RELX) Shares Sold by Stifel Financial Corp

Stifel Financial Corp cut its position in Relx Plc (NYSE:RELX) by 3.7% in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 170,398 shares of the technology company’s stock after selling 6,524 shares during the quarter. Stifel Financial Corp’s holdings in Relx were worth $8,087,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds have also recently modified their holdings of the company. CWA Asset Management Group LLC purchased a new stake in Relx during the third quarter worth about $548,000. Timber Creek Capital Management LLC grew its holdings in shares of Relx by 3,737.1% in the second quarter. Timber Creek Capital Management LLC now owns 38,524 shares of the technology company’s stock valued at $1,768,000 after purchasing an additional 37,520 shares in the last quarter. Choreo LLC acquired a new stake in Relx during the 2nd quarter worth approximately $793,000. Creative Planning boosted its position in Relx by 16.4% in the 2nd quarter. Creative Planning now owns 128,930 shares of the technology company’s stock valued at $5,915,000 after buying an additional 18,199 shares during the period. Finally, International Assets Investment Management LLC purchased a new position in Relx in the 3rd quarter valued at approximately $1,268,000. Hedge funds and other institutional investors own 15.02% of the company’s stock.

Wall Street Analysts Forecast Growth

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

Relx Stock Performance

Shares of Relx stock opened at $47.35 on Friday. Relx Plc has a 52-week low of $38.08 and a 52-week high of $48.91. The company has a 50 day moving average of $47.00 and a 200 day moving average of $46.37.

Relx Company 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.