Wells Fargo & Company MN cut its position in RELX N.V. (NYSE:RENX) by 27.1% during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 266,809 shares of the technology company’s stock after selling 99,404 shares during the period. Wells Fargo & Company MN’s holdings in RELX N.V. were worth $4,952,000 as of its most recent SEC filing.
A number of other institutional investors have also modified their holdings of the company. Comerica Bank increased its position in shares of RELX N.V. by 11.9% in the fourth quarter. Comerica Bank now owns 61,153 shares of the technology company’s stock worth $1,028,000 after buying an additional 6,516 shares during the last quarter. Sit Investment Associates Inc. raised its stake in shares of RELX N.V. by 67.8% in the first quarter. Sit Investment Associates Inc. now owns 133,530 shares of the technology company’s stock worth $2,478,000 after buying an additional 53,965 shares during the period. Gilman Hill Asset Management LLC raised its stake in shares of RELX N.V. by 30.7% in the first quarter. Gilman Hill Asset Management LLC now owns 66,092 shares of the technology company’s stock worth $1,227,000 after buying an additional 15,536 shares during the period. Bessemer Group Inc. bought a new stake in shares of RELX N.V. during the fourth quarter worth $695,000. Finally, Tyers Asset Management LLC bought a new stake in shares of RELX N.V. during the fourth quarter worth $291,000. 1.15% of the stock is owned by institutional investors.
RELX N.V. (NYSE:RENX) traded up 2.23% during midday trading on Friday, reaching $21.10. 296,775 shares of the company’s stock traded hands. The firm’s 50 day moving average price is $20.25 and its 200-day moving average price is $18.13. The company has a market capitalization of $43.10 billion, a PE ratio of 29.51 and a beta of 0.91. RELX N.V. has a 1-year low of $14.92 and a 1-year high of $21.19.
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A number of equities research analysts have recently weighed in on RENX shares. Zacks Investment Research raised shares of RELX N.V. from a “hold” rating to a “buy” rating and set a $20.00 price objective on the stock in a report on Tuesday, February 28th. BidaskClub lowered shares of RELX N.V. from a “strong-buy” rating to a “buy” rating in a report on Saturday, June 10th.
RELX N.V. Company Profile
RELX NV is a holding company, which holds interests in RELX Group plc. RELX Group is a global provider of information and analytics for professional and business customers across industries. The Company operates in four segments: Scientific, Technical & Medical; Risk & Business Analytics; Legal, and Exhibitions.
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