Eagle Asset Management Inc. Purchases 1,406 Shares of Relx Plc (NYSE:RELX)

Eagle Asset Management Inc. boosted its holdings in Relx Plc (NYSE:RELX) by 11.3% in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 13,831 shares of the technology company’s stock after buying an additional 1,406 shares during the quarter. Eagle Asset Management Inc.’s holdings in Relx were worth $664,000 at the end of the most recent reporting period.

Several other hedge funds have also added to or reduced their stakes in RELX. Atria Investments Inc lifted its holdings in shares of Relx by 27.6% during the first quarter. Atria Investments Inc now owns 81,038 shares of the technology company’s stock worth $3,508,000 after purchasing an additional 17,508 shares during the period. CWA Asset Management Group LLC bought a new stake in shares of Relx in the 3rd quarter valued at about $548,000. Timber Creek Capital Management LLC increased its stake in shares of Relx by 3,737.1% in the second quarter. Timber Creek Capital Management LLC now owns 38,524 shares of the technology company’s stock valued at $1,768,000 after buying an additional 37,520 shares during the period. Choreo LLC bought a new position in shares of Relx during the second quarter worth about $793,000. Finally, Creative Planning lifted its stake in shares of Relx by 16.4% in the second quarter. Creative Planning now owns 128,930 shares of the technology company’s stock worth $5,915,000 after acquiring an additional 18,199 shares during the period. 15.02% of the stock is currently owned by institutional investors and hedge funds.

Relx Stock Performance

Relx stock opened at $46.57 on Tuesday. The stock’s 50 day moving average price is $47.14 and its two-hundred day moving average price is $46.09. Relx Plc has a 52-week low of $38.08 and a 52-week high of $48.91.

Wall Street Analysts Forecast Growth

Several research firms have issued reports on RELX. Citigroup upgraded shares of Relx to a “strong-buy” rating in a report on Tuesday, September 17th. StockNews.com assumed coverage on Relx in a report on Wednesday, October 30th. They set a “hold” rating for the company.

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.