Janney Montgomery Scott LLC purchased a new position in shares of Relx PLC (NYSE:RELX) during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor purchased 37,660 shares of the technology company’s stock, valued at approximately $842,000.

Other institutional investors and hedge funds have also modified their holdings of the company. PNC Financial Services Group Inc. lifted its position in shares of Relx by 7.0% during the second quarter. PNC Financial Services Group Inc. now owns 7,523 shares of the technology company’s stock worth $165,000 after purchasing an additional 490 shares in the last quarter. Dynamic Technology Lab Private Ltd acquired a new stake in shares of Relx during the third quarter worth about $208,000. Strategic Global Advisors LLC acquired a new stake in shares of Relx during the second quarter worth about $204,000. HighTower Advisors LLC acquired a new stake in shares of Relx during the second quarter worth about $206,000. Finally, First Republic Investment Management Inc. acquired a new stake in shares of Relx during the third quarter worth about $228,000. 2.35% of the stock is currently owned by institutional investors and hedge funds.

Several brokerages recently weighed in on RELX. BidaskClub raised shares of Relx from a “hold” rating to a “buy” rating in a report on Thursday, November 2nd. Zacks Investment Research raised shares of Relx from a “sell” rating to a “hold” rating in a report on Tuesday, September 12th. Three equities research analysts have rated the stock with a hold rating and two have given a buy rating to the stock. Relx currently has an average rating of “Hold”.

Shares of Relx PLC (NYSE RELX) opened at $23.46 on Friday. Relx PLC has a 1-year low of $17.64 and a 1-year high of $24.03. The company has a debt-to-equity ratio of 2.35, a current ratio of 0.47 and a quick ratio of 0.43.

TRADEMARK VIOLATION NOTICE: This article was first posted by Watch List News and is the property of of Watch List News. If you are accessing this article on another site, it was illegally copied and reposted in violation of United States and international copyright legislation. The legal version of this article can be read at https://www.watchlistnews.com/37660-shares-in-relx-plc-relx-acquired-by-janney-montgomery-scott-llc/1781086.html.

Relx Company Profile

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.

Institutional Ownership by Quarter for Relx (NYSE:RELX)

Receive News & Ratings for Relx Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Relx and related companies with Analyst Ratings Network's FREE daily email newsletter.