Zions Bancorporation N.A. Boosts Stock Position in Relx Plc (NYSE:RELX)

Zions Bancorporation N.A. increased its stake in shares of Relx Plc (NYSE:RELX) by 44.1% in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 41,256 shares of the technology company’s stock after purchasing an additional 12,621 shares during the quarter. Zions Bancorporation N.A.’s holdings in Relx were worth $1,958,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in RELX. Indiana Trust & Investment Management CO purchased a new stake in Relx in the 2nd quarter valued at about $52,000. Rothschild Investment LLC purchased a new stake in Relx in the 2nd quarter valued at about $72,000. TFC Financial Management Inc. purchased a new stake in Relx in the 2nd quarter valued at about $88,000. Ashton Thomas Private Wealth LLC purchased a new stake in Relx in the 2nd quarter valued at about $107,000. Finally, Cullen Frost Bankers Inc. grew its holdings in Relx by 119.0% in the 2nd quarter. Cullen Frost Bankers Inc. now owns 2,742 shares of the technology company’s stock valued at $126,000 after buying an additional 1,490 shares during the period. Hedge funds and other institutional investors own 15.02% of the company’s stock.

Wall Street Analysts Forecast Growth

RELX has been the subject of several recent analyst reports. Citigroup upgraded Relx to a “strong-buy” rating in a report on Tuesday, September 17th. StockNews.com started coverage on Relx in a report on Wednesday, October 30th. They issued a “hold” rating for the company.

Relx Stock Down 0.4 %

NYSE RELX opened at $45.95 on Friday. Relx Plc has a 1-year low of $36.16 and a 1-year high of $48.91. The business’s 50-day simple moving average is $47.38 and its 200-day simple moving average is $45.87.

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.