Lake Street Advisors Group LLC Sells 2,034 Shares of Relx Plc (NYSE:RELX)

Lake Street Advisors Group LLC reduced its stake in Relx Plc (NYSE:RELX) by 11.4% in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 15,747 shares of the technology company’s stock after selling 2,034 shares during the period. Lake Street Advisors Group LLC’s holdings in Relx were worth $747,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors have also made changes to their positions in the stock. Ballentine Partners LLC boosted its stake in shares of Relx by 1.4% in the third quarter. Ballentine Partners LLC now owns 17,306 shares of the technology company’s stock valued at $821,000 after buying an additional 240 shares during the period. Marshall Financial Group LLC lifted its stake in Relx by 0.8% during the third quarter. Marshall Financial Group LLC now owns 30,515 shares of the technology company’s stock worth $1,448,000 after purchasing an additional 246 shares during the last quarter. LVW Advisors LLC lifted its stake in Relx by 1.7% during the second quarter. LVW Advisors LLC now owns 15,189 shares of the technology company’s stock worth $697,000 after purchasing an additional 248 shares during the last quarter. Sequoia Financial Advisors LLC lifted its stake in Relx by 2.1% during the first quarter. Sequoia Financial Advisors LLC now owns 12,707 shares of the technology company’s stock worth $550,000 after purchasing an additional 260 shares during the last quarter. Finally, Traveka Wealth LLC lifted its stake in Relx by 4.5% during the second quarter. Traveka Wealth LLC now owns 6,115 shares of the technology company’s stock worth $281,000 after purchasing an additional 264 shares during the last quarter. 15.02% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

Several equities research analysts have weighed in on the company. StockNews.com cut Relx from a “buy” rating to a “hold” rating in a research note on Saturday, August 31st. Citigroup upgraded Relx to a “strong-buy” rating in a research note on Tuesday, September 17th.

Relx Stock Performance

NYSE RELX opened at $47.42 on Friday. Relx Plc has a fifty-two week low of $33.94 and a fifty-two week high of $48.91. The business has a fifty day moving average price of $47.10 and a two-hundred day moving average price of $45.29.

Relx 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.