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China Universal Asset Management Co. Ltd. Has $15.25 Million Holdings in Regeneron Pharmaceuticals, Inc. $REGN
China Universal Asset Management Co. Ltd. reduced its stake in Regeneron Pharmaceuticals (REGN) by 7.5% in the fourth quarter, now holding 19,753 shares valued at $15.25 million, making it their 19th largest holding. Despite this reduction and recent insider selling, Regeneron Pharmaceuticals has several positive catalysts, including FDA approval of gene therapy Otarmeni, tariff relief, and a dividend increase, contributing to a consensus “Moderate Buy” rating from analysts. The company also recently reported an earnings beat, with reported EPS of $11.44 exceeding the consensus estimate of $10.74.