Icon Wealth Advisors LLC Sells 3,203 Shares of Relx Plc (NYSE:RELX)

Icon Wealth Advisors LLC lessened its holdings in Relx Plc (NYSE:RELX) by 34.7% in the 3rd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 6,022 shares of the technology company’s stock after selling 3,203 shares during the period. Icon Wealth Advisors LLC’s holdings in Relx were worth $286,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also modified their holdings of the stock. Raymond James Trust N.A. lifted its position in Relx by 2.6% during the 3rd quarter. Raymond James Trust N.A. now owns 15,631 shares of the technology company’s stock worth $742,000 after buying an additional 399 shares in the last quarter. Eagle Asset Management Inc. increased its position in Relx by 11.3% in the third quarter. Eagle Asset Management Inc. now owns 13,831 shares of the technology company’s stock worth $664,000 after purchasing an additional 1,406 shares during the period. Charles Schwab Investment Management Inc. raised its holdings in Relx by 13.3% during the 3rd quarter. Charles Schwab Investment Management Inc. now owns 120,300 shares of the technology company’s stock worth $5,709,000 after purchasing an additional 14,088 shares during the last quarter. West Family Investments Inc. acquired a new position in Relx during the 3rd quarter valued at about $246,000. Finally, Caprock Group LLC boosted its stake in shares of Relx by 2.5% in the 3rd quarter. Caprock Group LLC now owns 35,559 shares of the technology company’s stock valued at $1,688,000 after purchasing an additional 870 shares during the last quarter. Institutional investors own 15.02% of the company’s stock.

Analysts Set New Price Targets

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

Relx Stock Up 2.2 %

RELX opened at $46.75 on Friday. Relx Plc has a 12-month low of $38.08 and a 12-month high of $48.91. The business has a 50 day moving average of $47.17 and a 200-day moving average of $46.05.

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.