Outlook Wealth Advisors LLC Boosts Stake in Relx Plc (NYSE:RELX)

Outlook Wealth Advisors LLC lifted its holdings in Relx Plc (NYSE:RELX) by 5.7% during the third quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 8,109 shares of the technology company’s stock after buying an additional 438 shares during the period. Outlook Wealth Advisors LLC’s holdings in Relx were worth $385,000 at the end of the most recent reporting period.

Several other institutional investors also recently modified their holdings of RELX. Financial Management Professionals Inc. raised its position in Relx by 192.9% in the first quarter. Financial Management Professionals Inc. now owns 867 shares of the technology company’s stock worth $38,000 after acquiring an additional 571 shares during the period. Indiana Trust & Investment Management CO bought a new stake in shares of Relx in the 2nd quarter worth approximately $52,000. Whittier Trust Co. of Nevada Inc. lifted its stake in Relx by 144.7% in the first quarter. Whittier Trust Co. of Nevada Inc. now owns 1,441 shares of the technology company’s stock valued at $62,000 after purchasing an additional 852 shares during the last quarter. Rothschild Investment LLC bought a new position in Relx during the second quarter valued at $72,000. Finally, TFC Financial Management Inc. purchased a new stake in Relx in the second quarter worth $88,000. 15.02% of the stock is owned by institutional investors.

Relx Price Performance

NYSE:RELX opened at $47.42 on Friday. The company has a market cap of $88.59 billion, a P/E ratio of 27.57, a P/E/G ratio of 3.32 and a beta of 0.89. Relx Plc has a 1 year low of $33.94 and a 1 year high of $48.91. The stock’s fifty day moving average price is $47.14 and its two-hundred day moving average price is $45.33.

Wall Street Analysts Forecast Growth

Several research firms have recently weighed in on RELX. Citigroup upgraded Relx to a “strong-buy” rating in a research note on Tuesday, September 17th. StockNews.com downgraded shares of Relx from a “buy” rating to a “hold” rating in a research note on Saturday, August 31st.

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.