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Danske Bank A S Grows Holdings in Regeneron Pharmaceuticals, Inc. $REGN
Danske Bank A S increased its stake in Regeneron Pharmaceuticals, Inc. (NASDAQ:REGN) by 78.8% in the fourth quarter, now owning 99,302 shares valued at $76,648,000. Other institutional investors also adjusted their positions in the biopharmaceutical company, which recently reported strong Q1 earnings, a new share repurchase program, and a quarterly dividend. However, concerns remain regarding competition for its EYLEA drug and several analysts have trimmed price targets.