Hamilton Point Investment Advisors LLC Trims Position in Relx Plc (NYSE:RELX)

Hamilton Point Investment Advisors LLC reduced its position in Relx Plc (NYSE:RELX) by 1.2% in the 3rd quarter, according to its most recent filing with the SEC. The firm owned 155,605 shares of the technology company’s stock after selling 1,966 shares during the period. Relx comprises approximately 1.3% of Hamilton Point Investment Advisors LLC’s holdings, making the stock its 25th biggest holding. Hamilton Point Investment Advisors LLC’s holdings in Relx were worth $7,385,000 at the end of the most recent quarter.

Several other institutional investors also recently bought and sold shares of RELX. Indiana Trust & Investment Management CO acquired a new position in Relx in the second quarter valued at $52,000. Rothschild Investment LLC purchased a new stake in Relx in the 2nd quarter valued at about $72,000. TFC Financial Management Inc. acquired a new position in shares of Relx during the 2nd quarter valued at about $88,000. Ashton Thomas Private Wealth LLC purchased a new position in shares of Relx during the 2nd quarter worth about $107,000. Finally, Cullen Frost Bankers Inc. grew its holdings in Relx by 119.0% in the second quarter. Cullen Frost Bankers Inc. now owns 2,742 shares of the technology company’s stock valued at $126,000 after purchasing an additional 1,490 shares during the period. 15.02% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

RELX has been the subject of several research reports. Citigroup raised shares of Relx to a “strong-buy” rating in a research note on Tuesday, September 17th. StockNews.com began coverage on Relx in a research note on Wednesday, October 30th. They issued a “hold” rating on the stock.

Relx Stock Performance

NYSE:RELX opened at $46.75 on Friday. The firm’s fifty day simple moving average is $47.17 and its 200 day simple moving average is $46.03. Relx Plc has a twelve month low of $38.08 and a twelve month high of $48.91.

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.