Coldstream Capital Management Inc. Lowers Position in Relx Plc (NYSE:RELX)

Coldstream Capital Management Inc. cut its stake in shares of Relx Plc (NYSE:RELX) by 9.0% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 13,345 shares of the technology company’s stock after selling 1,324 shares during the period. Coldstream Capital Management Inc.’s holdings in Relx were worth $633,000 as of its most recent SEC filing.

A number of other hedge funds have also recently bought and sold shares of the company. FMR LLC grew its holdings in shares of Relx by 8.3% in the third quarter. FMR LLC now owns 7,148,837 shares of the technology company’s stock valued at $339,284,000 after acquiring an additional 548,423 shares in the last quarter. Mediolanum International Funds Ltd purchased a new position in Relx in the third quarter worth $12,902,000. Dimensional Fund Advisors LP grew its stake in Relx by 6.0% in 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 increased its position in shares of Relx by 7.2% during the 2nd quarter. Clearbridge Investments LLC now owns 2,260,445 shares of the technology company’s stock valued at $103,709,000 after purchasing an additional 152,154 shares during the last quarter. Finally, Bank of Montreal Can raised its stake in shares of Relx by 194.9% during the 3rd quarter. Bank of Montreal Can now owns 227,211 shares of the technology company’s stock worth $10,806,000 after purchasing an additional 150,163 shares during the period. 15.02% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

Several equities analysts recently weighed in on RELX shares. Citigroup upgraded shares of Relx to a “strong-buy” rating in a research report on Tuesday, September 17th. StockNews.com assumed coverage on shares of Relx in a research report on Wednesday, October 30th. They set a “hold” rating for the company.

Relx Price Performance

NYSE:RELX opened at $47.08 on Friday. The business has a fifty day simple moving average of $47.02 and a two-hundred day simple moving average of $46.37. Relx Plc has a 1 year low of $38.08 and a 1 year high of $48.91.

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.