Reynders McVeigh Capital Management LLC Increases Holdings in Relx Plc (NYSE:RELX)

Reynders McVeigh Capital Management LLC lifted its position in Relx Plc (NYSE:RELX) by 31.8% in the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 495,004 shares of the technology company’s stock after purchasing an additional 119,405 shares during the quarter. Reynders McVeigh Capital Management LLC’s holdings in Relx were worth $23,493,000 as of its most recent SEC filing.

Several other institutional investors have also recently modified their holdings of RELX. B. Riley Wealth Advisors Inc. purchased a new position in Relx during the first quarter valued at approximately $326,000. Cetera Investment Advisers boosted its position in Relx by 209.8% in the 1st quarter. Cetera Investment Advisers now owns 60,666 shares of the technology company’s stock worth $2,626,000 after purchasing an additional 41,084 shares in the last quarter. Cetera Advisors LLC purchased a new stake in Relx in the 1st quarter worth approximately $260,000. Park Avenue Securities LLC boosted its position in Relx by 2.9% in the 2nd quarter. Park Avenue Securities LLC now owns 46,619 shares of the technology company’s stock worth $2,139,000 after purchasing an additional 1,306 shares in the last quarter. Finally, Linden Thomas Advisory Services LLC boosted its position in Relx by 19.1% in the 2nd quarter. Linden Thomas Advisory Services LLC now owns 6,144 shares of the technology company’s stock worth $282,000 after purchasing an additional 984 shares in the last quarter. 15.02% of the stock is currently owned by hedge funds and other institutional investors.

Relx Stock Performance

Shares of NYSE:RELX opened at $47.48 on Wednesday. The business has a fifty day moving average of $47.02 and a two-hundred day moving average of $46.24. Relx Plc has a 52-week low of $38.08 and a 52-week high of $48.91.

Analysts Set New Price Targets

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

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.