Townsquare Capital LLC Purchases 4,579 Shares of Relx Plc (NYSE:RELX)

Townsquare Capital LLC grew its position in shares of Relx Plc (NYSE:RELX) by 5.8% in the third quarter, according to its most recent filing with the SEC. The fund owned 83,736 shares of the technology company’s stock after acquiring an additional 4,579 shares during the quarter. Townsquare Capital LLC’s holdings in Relx were worth $3,974,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently modified their holdings of the business. Private Trust Co. NA raised its position in Relx by 119.9% during the third quarter. Private Trust Co. NA now owns 1,038 shares of the technology company’s stock valued at $49,000 after purchasing an additional 566 shares during the period. Indiana Trust & Investment Management CO bought a new position in shares of Relx during the 2nd quarter valued at approximately $52,000. Rothschild Investment LLC purchased a new stake in Relx during the 2nd quarter valued at $72,000. TFC Financial Management Inc. bought a new stake in Relx in the second quarter worth $88,000. Finally, Ashton Thomas Private Wealth LLC purchased a new position in Relx during the second quarter worth $107,000. 15.02% of the stock is owned by hedge funds and other institutional investors.

Relx Stock Performance

RELX opened at $47.08 on Friday. The business has a fifty day moving average of $47.07 and a 200 day moving average of $46.16. Relx Plc has a 52-week low of $38.08 and a 52-week high of $48.91.

Analyst Upgrades and Downgrades

RELX has been the topic of several recent analyst reports. Citigroup raised shares of Relx to a “strong-buy” rating in a research note on Tuesday, September 17th. StockNews.com initiated coverage on shares of Relx in a research note on Wednesday, October 30th. They issued a “hold” rating for the company.

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.