US Bancorp DE cut its stake in shares of Relx Nv (NYSE:RENX) by 4.4% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 560,928 shares of the company’s stock after selling 25,868 shares during the period. US Bancorp DE’s holdings in Relx Nv were worth $10,019,000 as of its most recent SEC filing.

A number of other large investors also recently bought and sold shares of the stock. Kanaly Trust Co increased its stake in Relx Nv by 13.0% in the second quarter. Kanaly Trust Co now owns 7,842 shares of the company’s stock valued at $137,000 after buying an additional 903 shares during the period. Gilman Hill Asset Management LLC increased its stake in Relx Nv by 10.7% in the second quarter. Gilman Hill Asset Management LLC now owns 50,531 shares of the company’s stock valued at $880,000 after buying an additional 4,875 shares during the period. Sit Investment Associates Inc. increased its stake in Relx Nv by 13.0% in the second quarter. Sit Investment Associates Inc. now owns 72,090 shares of the company’s stock valued at $1,255,000 after buying an additional 8,305 shares during the period. Bank of New York Mellon Corp increased its stake in Relx Nv by 16.0% in the second quarter. Bank of New York Mellon Corp now owns 27,278 shares of the company’s stock valued at $475,000 after buying an additional 3,760 shares during the period. Finally, World Asset Management Inc increased its stake in Relx Nv by 8.3% in the second quarter. World Asset Management Inc now owns 64,790 shares of the company’s stock valued at $1,128,000 after buying an additional 4,972 shares during the period. 1.26% of the stock is owned by hedge funds and other institutional investors.

Institutional Ownership by Quarter for Relx Nv (NYSE:RENX)

Shares of Relx Nv (NYSE:RENX) traded down 0.8210% on Wednesday, hitting $16.0174. 32,743 shares of the stock were exchanged. The company has a market cap of $32.92 billion, a PE ratio of 24.7947 and a beta of 1.07. Relx Nv has a 12 month low of $14.92 and a 12 month high of $18.34. The company has a 50-day moving average price of $16.28 and a 200 day moving average price of $17.15.

ILLEGAL ACTIVITY NOTICE: This news story was originally published by Daily Political and is the propert of of Daily Political. If you are viewing this news story on another domain, it was illegally copied and republished in violation of U.S. and international copyright and trademark legislation. The legal version of this news story can be viewed at http://www.dailypolitical.com/2016/11/30/us-bancorp-de-reduces-position-in-relx-nv-renx.html.

Separately, Zacks Investment Research upgraded shares of Relx Nv from a “hold” rating to a “buy” rating and set a $19.00 price objective for the company in a report on Wednesday, October 12th.

About Relx Nv

RELX NV is a Netherlands-based company holding shares in RELX Group plc. RELX Group plc is a global provider of information and analytics for professional and business customers across industries. RELX Group plc serves customers in more than 180 countries. The Company operates in four market segments.

5 Day Chart for NYSE:RENX

Want to see what other hedge funds are holding RENX? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Relx Nv (NYSE:RENX).

Receive News & Ratings for Relx Nv Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Relx Nv and related companies with MarketBeat.com's FREE daily email newsletter.