Comerica Bank Decreases Position in RELX N.V. (RENX)

Comerica Bank cut its stake in RELX N.V. (NYSE:RENX) by 6.0% during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 58,483 shares of the technology company’s stock after selling 3,754 shares during the quarter. Comerica Bank’s holdings in RELX N.V. were worth $1,201,000 at the end of the most recent reporting period.

Other institutional investors also recently modified their holdings of the company. Gilman Hill Asset Management LLC lifted its stake in RELX N.V. by 6.4% in the 2nd quarter. Gilman Hill Asset Management LLC now owns 70,312 shares of the technology company’s stock valued at $1,454,000 after buying an additional 4,220 shares in the last quarter. Comerica Securities Inc. lifted its stake in RELX N.V. by 6.3% in the 1st quarter. Comerica Securities Inc. now owns 12,337 shares of the technology company’s stock valued at $229,000 after buying an additional 731 shares in the last quarter. Bank of New York Mellon Corp lifted its stake in RELX N.V. by 3.4% in the 1st quarter. Bank of New York Mellon Corp now owns 202,411 shares of the technology company’s stock valued at $3,757,000 after buying an additional 6,694 shares in the last quarter. Goldman Sachs Group Inc. lifted its stake in RELX N.V. by 23.0% in the 1st quarter. Goldman Sachs Group Inc. now owns 302,752 shares of the technology company’s stock valued at $5,619,000 after buying an additional 56,682 shares in the last quarter. Finally, Morgan Stanley lifted its stake in RELX N.V. by 83.9% in the 1st quarter. Morgan Stanley now owns 176,616 shares of the technology company’s stock valued at $3,278,000 after buying an additional 80,567 shares in the last quarter. 1.07% of the stock is currently owned by hedge funds and other institutional investors.

A number of brokerages recently weighed in on RENX. Zacks Investment Research raised shares of RELX N.V. from a “hold” rating to a “buy” rating and set a $24.00 price target on the stock in a research note on Saturday, September 9th. BidaskClub lowered shares of RELX N.V. from a “strong-buy” rating to a “buy” rating in a research note on Saturday, June 10th.

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Shares of RELX N.V. (NYSE RENX) opened at 21.58 on Friday. The firm has a market cap of $43.49 billion, a P/E ratio of 26.64 and a beta of 0.86. The firm has a 50-day moving average of $21.05 and a 200-day moving average of $19.97. RELX N.V. has a 12-month low of $14.92 and a 12-month high of $21.70.

The firm also recently declared a None dividend, which was paid on Wednesday, August 30th. Shareholders of record on Friday, August 4th were issued a $0.131 dividend. The ex-dividend date was Wednesday, August 2nd.

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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Institutional Ownership by Quarter for RELX N.V. (NYSE:RENX)

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