Coldstream Capital Management Inc. Sells 1,324 Shares of Relx Plc (NYSE:RELX)

Coldstream Capital Management Inc. reduced its position in Relx Plc (NYSE:RELX) by 9.0% during the third quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 13,345 shares of the technology company’s stock after selling 1,324 shares during the quarter. Coldstream Capital Management Inc.’s holdings in Relx were worth $633,000 as of its most recent filing with the SEC.

Other large investors also recently modified their holdings of the company. Cetera Advisors LLC acquired a new stake in Relx during the first quarter worth approximately $260,000. Wealth Enhancement Advisory Services LLC grew its position in shares of Relx by 3.2% during the 2nd quarter. Wealth Enhancement Advisory Services LLC now owns 43,960 shares of the technology company’s stock worth $2,017,000 after buying an additional 1,365 shares during the period. Blue Trust Inc. increased its stake in shares of Relx by 139.9% in the 2nd quarter. Blue Trust Inc. now owns 3,661 shares of the technology company’s stock valued at $158,000 after acquiring an additional 2,135 shares in the last quarter. Hall Laurie J Trustee acquired a new position in shares of Relx during the 2nd quarter valued at $2,126,000. Finally, Legacy Capital Group California Inc. bought a new position in Relx during the second quarter worth $220,000. 15.02% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

A number of research analysts recently weighed in on the company. Citigroup raised Relx to a “strong-buy” rating in a research note on Tuesday, September 17th. StockNews.com assumed coverage on Relx in a research report on Wednesday, October 30th. They set a “hold” rating on the stock.

Relx Trading Down 0.5 %

Shares of NYSE RELX opened at $47.08 on Friday. The company has a 50-day moving average price of $47.02 and a 200-day moving average price of $46.37. Relx Plc has a 1 year low of $38.08 and a 1 year 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.