Neuberger Berman Group LLC trimmed its stake in shares of Relx PLC (NYSE:RELX) by 2.6% in the 3rd quarter, according to its most recent disclosure with the SEC. The institutional investor owned 364,851 shares of the technology company’s stock after selling 9,692 shares during the period. Neuberger Berman Group LLC’s holdings in Relx were worth $8,154,000 at the end of the most recent quarter.
A number of other institutional investors and hedge funds also recently bought and sold shares of the stock. PNC Financial Services Group Inc. grew its stake in shares of Relx by 7.0% in the 2nd quarter. PNC Financial Services Group Inc. now owns 7,523 shares of the technology company’s stock worth $165,000 after buying an additional 490 shares in the last quarter. Strategic Global Advisors LLC purchased a new position in shares of Relx in the 2nd quarter worth $204,000. HighTower Advisors LLC purchased a new position in shares of Relx in the 2nd quarter worth $206,000. Dynamic Technology Lab Private Ltd purchased a new position in shares of Relx in the 3rd quarter worth $208,000. Finally, First Republic Investment Management Inc. purchased a new position in shares of Relx in the 3rd quarter worth $228,000. 2.35% of the stock is owned by institutional investors.
A number of brokerages have commented on RELX. Zacks Investment Research raised shares of Relx from a “sell” rating to a “hold” rating in a research note on Thursday, September 28th. BidaskClub cut shares of Relx from a “buy” rating to a “hold” rating in a research note on Thursday, September 14th. Three analysts have rated the stock with a hold rating and two have assigned a buy rating to the company. Relx presently has an average rating of “Hold”.
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RELX PLC is a holding company, which holds interests in RELX Group plc. RELX Group is a global provider of information and analytics for professional and business customers across industries. The Company operates in four segments: Scientific, Technical & Medical; Risk & Business Analytics; Legal, and Exhibitions.
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