Relx Plc (NYSE:RELX) Shares Sold by Hamilton Point Investment Advisors LLC

Hamilton Point Investment Advisors LLC trimmed its position in Relx Plc (NYSE:RELX) by 1.2% in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 155,605 shares of the technology company’s stock after selling 1,966 shares during the quarter. Relx makes up approximately 1.3% of Hamilton Point Investment Advisors LLC’s holdings, making the stock its 25th largest position. Hamilton Point Investment Advisors LLC’s holdings in Relx were worth $7,385,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also made changes to their positions in the company. Dimensional Fund Advisors LP boosted its position in Relx by 6.0% during the 2nd 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 period. Clearbridge Investments LLC lifted its stake in Relx by 7.2% in the second quarter. Clearbridge Investments LLC now owns 2,260,445 shares of the technology company’s stock valued at $103,709,000 after buying an additional 152,154 shares during the last quarter. Captrust Financial Advisors boosted its holdings in shares of Relx by 185.6% during the first quarter. Captrust Financial Advisors now owns 669,375 shares of the technology company’s stock valued at $28,977,000 after acquiring an additional 434,963 shares during the period. American Century Companies Inc. grew its position in shares of Relx by 6.8% during the second quarter. American Century Companies Inc. now owns 362,511 shares of the technology company’s stock worth $16,632,000 after acquiring an additional 22,983 shares during the last quarter. Finally, Eagle Ridge Investment Management increased its holdings in shares of Relx by 1.2% in the 3rd quarter. Eagle Ridge Investment Management now owns 316,601 shares of the technology company’s stock worth $15,026,000 after acquiring an additional 3,779 shares during the period. 15.02% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

Several analysts have weighed in on RELX shares. Citigroup raised Relx to a “strong-buy” rating in a research note on Tuesday, September 17th. StockNews.com assumed coverage on Relx in a research note on Wednesday, October 30th. They issued a “hold” rating on the stock.

Relx Stock Up 2.2 %

Shares of RELX opened at $46.75 on Friday. Relx Plc has a 12-month low of $38.08 and a 12-month high of $48.91. The firm’s 50 day moving average is $47.17 and its 200-day moving average is $46.03.

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.