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Regeneron Pharmaceuticals reported a strong Q4 with a 10.3% revenue rise, pleasing institutional investors.
Regeneron Pharmaceuticals saw several institutional investors adjust their holdings in the fourth quarter, with Ledyard National Bank increasing its shares by 2.1% to 6,525.
The biopharmaceutical company's stock is 83.31% owned by institutional investors.
Regeneron reported strong financials, with a 10.3% increase in revenue to $3.79 billion and earnings per share of $12.07, surpassing analyst estimates.
Analysts have a "Moderate Buy" rating with a price target of $973.13.
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Regeneron Pharmaceuticals informó de un fuerte Q4 con un aumento de ingresos del 10,3%, lo que complace a los inversores institucionales.