Sanctuary Advisors LLC Acquires 16,745 Shares of Relx Plc (NYSE:RELX)

Sanctuary Advisors LLC lifted its holdings in Relx Plc (NYSE:RELX) by 15.3% in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 126,067 shares of the technology company’s stock after acquiring an additional 16,745 shares during the period. Sanctuary Advisors LLC’s holdings in Relx were worth $5,894,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Venturi Wealth Management LLC boosted its stake in shares of Relx by 0.9% during the 3rd quarter. Venturi Wealth Management LLC now owns 24,164 shares of the technology company’s stock worth $1,147,000 after purchasing an additional 214 shares during the period. Ballentine Partners LLC grew its position in Relx by 1.4% in the 3rd quarter. Ballentine Partners LLC now owns 17,306 shares of the technology company’s stock valued at $821,000 after acquiring an additional 240 shares during the last quarter. Marshall Financial Group LLC lifted its position in shares of Relx by 0.8% during the third quarter. Marshall Financial Group LLC now owns 30,515 shares of the technology company’s stock worth $1,448,000 after purchasing an additional 246 shares during the last quarter. Procyon Advisors LLC grew its holdings in shares of Relx by 4.1% in the third quarter. Procyon Advisors LLC now owns 6,734 shares of the technology company’s stock worth $320,000 after purchasing an additional 265 shares during the last quarter. Finally, Axxcess Wealth Management LLC increased its stake in Relx by 5.3% in the 3rd quarter. Axxcess Wealth Management LLC now owns 5,270 shares of the technology company’s stock worth $250,000 after buying an additional 266 shares during the period. Hedge funds and other institutional investors own 15.02% of the company’s stock.

Analysts Set New Price Targets

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

Relx Price Performance

Shares of NYSE RELX opened at $47.06 on Monday. Relx Plc has a fifty-two week low of $38.08 and a fifty-two week high of $48.91. The business has a 50-day simple moving average of $47.03 and a two-hundred day simple moving average of $46.43.

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.