Relx Plc (NYSE:RELX) Shares Purchased by Quantbot Technologies LP

Quantbot Technologies LP boosted its holdings in shares of Relx Plc (NYSE:RELX) by 28.2% in the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 31,330 shares of the technology company’s stock after acquiring an additional 6,898 shares during the period. Quantbot Technologies LP’s holdings in Relx were worth $1,487,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently modified their holdings of the business. FMR LLC grew its holdings in shares of Relx by 8.3% during the third quarter. FMR LLC now owns 7,148,837 shares of the technology company’s stock worth $339,284,000 after buying an additional 548,423 shares in the last quarter. Mediolanum International Funds Ltd purchased a new stake in Relx in the 3rd quarter worth approximately $12,902,000. Dimensional Fund Advisors LP raised its holdings 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 acquiring an additional 169,284 shares during the last quarter. Clearbridge Investments LLC raised its holdings in Relx by 7.2% in the 2nd quarter. Clearbridge Investments LLC now owns 2,260,445 shares of the technology company’s stock valued at $103,709,000 after acquiring an additional 152,154 shares during the last quarter. Finally, Bank of Montreal Can lifted 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. Hedge funds and other institutional investors own 15.02% of the company’s stock.

Relx Stock Up 0.1 %

NYSE:RELX opened at $47.08 on Friday. The firm’s 50 day moving average is $47.07 and its two-hundred day moving average is $46.16. Relx Plc has a fifty-two week low of $38.08 and a fifty-two week high of $48.91.

Analysts Set New Price Targets

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

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.