Diversify Wealth Management LLC Increases Stock Position in Relx Plc (NYSE:RELX)

Diversify Wealth Management LLC increased its position in Relx Plc (NYSE:RELX) by 18.1% during the 4th quarter, HoldingsChannel reports. The institutional investor owned 42,823 shares of the technology company’s stock after buying an additional 6,555 shares during the period. Diversify Wealth Management LLC’s holdings in Relx were worth $1,986,000 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. Versant Capital Management Inc purchased a new position in shares of Relx in the 4th quarter worth about $31,000. Private Trust Co. NA raised its holdings in 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 during the period. Wilmington Savings Fund Society FSB purchased a new position in Relx in the third quarter valued at approximately $125,000. Grove Bank & Trust lifted its position in Relx by 10.2% during the third quarter. Grove Bank & Trust now owns 3,758 shares of the technology company’s stock valued at $178,000 after buying an additional 348 shares in the last quarter. Finally, Whittier Trust Co. of Nevada Inc. grew its stake in Relx by 33.9% during the third quarter. Whittier Trust Co. of Nevada Inc. now owns 3,952 shares of the technology company’s stock worth $188,000 after buying an additional 1,000 shares during the period. Institutional investors and hedge funds own 15.02% of the company’s stock.

Wall Street Analysts Forecast Growth

Several equities analysts recently weighed in on the stock. StockNews.com started coverage on shares of Relx in a report on Wednesday, October 30th. They set a “hold” rating on the stock. Redburn Atlantic began coverage on Relx in a research note on Wednesday, January 8th. They set a “buy” rating on the stock.

Relx Stock Performance

NYSE RELX opened at $48.18 on Tuesday. The business has a 50 day moving average price of $46.44 and a two-hundred day moving average price of $46.59. Relx Plc has a fifty-two week low of $40.25 and a fifty-two week high of $48.91.

Relx Company Profile

RELX Plc engages in provision of information and analytics solutions for professional and business customers across industries. It operates through the following business segments: Scientific, Technical & Medical; Risk & Business Analytics; Legal; and Exhibitions. The Scientific, Technical & Medical segment is a global information analytics business that helps institutions and professionals advance healthcare, open science, and improve performance for the benefit of humanity.