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Shell Asset Management Co. Has $276,000 Holdings in Regeneron Pharmaceuticals, Inc. $REGN
Shell Asset Management Co. significantly reduced its stake in Regeneron Pharmaceuticals by 94.9% in Q3, selling 9,206 shares and retaining 490 shares valued at $276,000. Despite this, other major institutions like Dodge & Cox and Norges Bank increased their holdings, contributing to an institutional ownership of 83.31%. Regeneron also reported strong quarterly earnings, beating expectations, and raised its dividend, leading analysts to issue a consensus “Moderate Buy” rating with a target price of $793.81.