Verdence Capital Advisors LLC Has $1.87 Million Stock Holdings in Relx Plc (NYSE:RELX)

Verdence Capital Advisors LLC decreased its position in Relx Plc (NYSE:RELX) by 5.2% during the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 39,302 shares of the technology company’s stock after selling 2,167 shares during the period. Verdence Capital Advisors LLC’s holdings in Relx were worth $1,865,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in RELX. O Shaughnessy Asset Management LLC increased its holdings in Relx by 12.0% in the first quarter. O Shaughnessy Asset Management LLC now owns 342,665 shares of the technology company’s stock valued at $14,834,000 after purchasing an additional 36,810 shares during the last quarter. Atria Investments Inc boosted its stake in Relx by 27.6% during the 1st quarter. Atria Investments Inc now owns 81,038 shares of the technology company’s stock worth $3,508,000 after acquiring an additional 17,508 shares during the last quarter. Captrust Financial Advisors grew its holdings in Relx by 185.6% during the first quarter. Captrust Financial Advisors now owns 669,375 shares of the technology company’s stock valued at $28,977,000 after purchasing an additional 434,963 shares during the period. BNP Paribas Financial Markets acquired a new position in Relx during the first quarter valued at approximately $1,638,000. Finally, Capital International Investors increased its stake in Relx by 22.6% in the first quarter. Capital International Investors now owns 8,813,337 shares of the technology company’s stock valued at $381,529,000 after purchasing an additional 1,623,705 shares in the last quarter. 15.02% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

Several equities analysts have recently issued reports on RELX shares. Citigroup raised shares of Relx to a “strong-buy” rating in a report on Tuesday, September 17th. StockNews.com began coverage on Relx in a report on Wednesday, October 30th. They issued a “hold” rating for the company.

Relx Price Performance

Shares of RELX stock opened at $47.98 on Friday. Relx Plc has a 12-month low of $35.86 and a 12-month high of $48.91. The firm has a fifty day moving average of $47.36 and a 200-day moving average of $45.73.

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.