Oppenheimer Asset Management Inc. Has $3.57 Million Holdings in Relx Plc (NYSE:RELX)

Oppenheimer Asset Management Inc. lessened its holdings in Relx Plc (NYSE:RELX) by 10.4% during the third quarter, HoldingsChannel reports. The fund owned 75,300 shares of the technology company’s stock after selling 8,743 shares during the quarter. Oppenheimer Asset Management Inc.’s holdings in Relx were worth $3,574,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Indiana Trust & Investment Management CO acquired a new stake in shares of Relx in the 2nd quarter worth about $52,000. Rothschild Investment LLC bought a new position in shares of Relx during the 2nd quarter worth approximately $72,000. TFC Financial Management Inc. bought a new position in shares of Relx during the 2nd quarter worth approximately $88,000. Ashton Thomas Private Wealth LLC bought a new position in shares of Relx during the 2nd quarter worth approximately $107,000. Finally, Cullen Frost Bankers Inc. lifted its position in shares of Relx by 119.0% during the 2nd quarter. Cullen Frost Bankers Inc. now owns 2,742 shares of the technology company’s stock worth $126,000 after buying an additional 1,490 shares in the last quarter. Institutional investors and hedge funds own 15.02% of the company’s stock.

Relx Price Performance

Relx stock opened at $44.45 on Friday. The company’s 50 day moving average price is $47.38 and its two-hundred day moving average price is $45.87. Relx Plc has a 52 week low of $36.46 and a 52 week high of $48.91.

Wall Street Analysts Forecast Growth

Several equities analysts have commented on the stock. Citigroup raised shares of Relx to a “strong-buy” rating in a research report on Tuesday, September 17th. StockNews.com assumed coverage on shares of Relx in a research report on Wednesday, October 30th. They set a “hold” rating on the stock.

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.