Swiss Life Asset Management Ltd Grows Stake in Regeneron Pharmaceuticals, Inc. $REGN

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Swiss Life Asset Management Ltd significantly increased its stake in Regeneron Pharmaceuticals, Inc. (NASDAQ:REGN) by 112.0% in the third quarter, owning 23,658 shares valued at $13.3 million. Other institutional investors also adjusted their positions, with hedge funds and institutional investors collectively owning 83.31% of the company’s stock. Regeneron Pharmaceuticals recently reported strong Q4 earnings, surpassing analyst estimates, and increased its quarterly dividend.

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