Icon Wealth Advisors LLC Lowers Stock Holdings in Relx Plc (NYSE:RELX)

Icon Wealth Advisors LLC cut its holdings in Relx Plc (NYSE:RELX) by 34.7% in the 3rd quarter, according to its most recent 13F filing with the SEC. The fund owned 6,022 shares of the technology company’s stock after selling 3,203 shares during the period. Icon Wealth Advisors LLC’s holdings in Relx were worth $286,000 at the end of the most recent reporting period.

Other hedge funds have also made changes to their positions in the company. Indiana Trust & Investment Management CO purchased a new position in Relx during the second quarter worth about $52,000. Rothschild Investment LLC purchased a new stake in shares of Relx during the 2nd quarter worth about $72,000. TFC Financial Management Inc. purchased a new position in Relx in the second quarter valued at about $88,000. Ashton Thomas Private Wealth LLC purchased a new stake in shares of Relx during the 2nd quarter valued at about $107,000. Finally, Cullen Frost Bankers Inc. lifted its position in shares of Relx by 119.0% during the second quarter. Cullen Frost Bankers Inc. now owns 2,742 shares of the technology company’s stock worth $126,000 after purchasing an additional 1,490 shares in the last quarter. Institutional investors and hedge funds own 15.02% of the company’s stock.

Analysts Set New Price Targets

RELX has been the topic of several research analyst reports. StockNews.com assumed coverage on shares of Relx in a research report on Wednesday, October 30th. They set a “hold” rating on the stock. Citigroup upgraded shares of Relx to a “strong-buy” rating in a research report on Tuesday, September 17th.

Relx Trading Up 2.2 %

Shares of RELX stock opened at $46.75 on Friday. Relx Plc has a 1-year low of $38.08 and a 1-year high of $48.91. The stock’s fifty day simple moving average is $47.17 and its 200-day simple moving average is $46.05.

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.