Relx Plc (NYSE:RELX) Shares Sold by B. Riley Wealth Advisors Inc.

B. Riley Wealth Advisors Inc. reduced its stake in Relx Plc (NYSE:RELX) by 16.3% in the 3rd quarter, Holdings Channel reports. The firm owned 4,787 shares of the technology company’s stock after selling 934 shares during the quarter. B. Riley Wealth Advisors Inc.’s holdings in Relx were worth $227,000 as of its most recent SEC filing.

Several other hedge funds also recently added to or reduced their stakes in the stock. Private Trust Co. NA grew its stake in shares of Relx by 119.9% in the third quarter. Private Trust Co. NA now owns 1,038 shares of the technology company’s stock valued at $49,000 after buying an additional 566 shares in the last quarter. Rothschild Investment LLC purchased a new stake in shares of Relx during the second quarter valued at approximately $72,000. Ashton Thomas Private Wealth LLC acquired a new position in shares of Relx during the second quarter worth $107,000. Wilmington Savings Fund Society FSB purchased a new position in shares of Relx in the third quarter valued at $125,000. Finally, Cullen Frost Bankers Inc. grew its holdings in Relx by 119.0% during the 2nd quarter. Cullen Frost Bankers Inc. now owns 2,742 shares of the technology company’s stock valued at $126,000 after purchasing an additional 1,490 shares in the last quarter. 15.02% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

A number of equities analysts have commented on the stock. StockNews.com started coverage on shares of Relx in a report on Wednesday, October 30th. They issued a “hold” rating on the stock. Citigroup raised Relx to a “strong-buy” rating in a report on Tuesday, September 17th.

Relx Stock Performance

Shares of NYSE:RELX opened at $45.47 on Friday. The company has a fifty day simple moving average of $47.01 and a 200 day simple moving average of $46.49. Relx Plc has a 12-month low of $38.47 and a 12-month high of $48.91.

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.