Investors Buy Shares of Regeneron Pharmaceuticals (REGN) on Weakness

Investors bought shares of Regeneron Pharmaceuticals Inc (NASDAQ:REGN) on weakness during trading on Friday. $93.31 million flowed into the stock on the tick-up and $55.86 million flowed out of the stock on the tick-down, for a money net flow of $37.45 million into the stock. Of all stocks tracked, Regeneron Pharmaceuticals had the 22nd highest net in-flow for the day. Regeneron Pharmaceuticals traded down ($1.30) for the day and closed at $366.96

A number of analysts recently weighed in on the stock. Zacks Investment Research cut shares of Regeneron Pharmaceuticals from a “hold” rating to a “sell” rating in a report on Tuesday, October 10th. Morgan Stanley restated an “equal weight” rating and set a $490.00 target price (up from $450.00) on shares of Regeneron Pharmaceuticals in a report on Friday, October 6th. Jefferies Group restated a “hold” rating and set a $500.00 target price (up from $471.00) on shares of Regeneron Pharmaceuticals in a report on Friday, October 6th. SunTrust Banks restated a “hold” rating and set a $435.00 target price on shares of Regeneron Pharmaceuticals in a report on Monday, October 2nd. Finally, JPMorgan Chase & Co. restated a “hold” rating on shares of Regeneron Pharmaceuticals in a report on Monday, October 16th. Two research analysts have rated the stock with a sell rating, fifteen have issued a hold rating, eleven have given a buy rating and one has given a strong buy rating to the company’s stock. The stock has a consensus rating of “Hold” and a consensus price target of $471.11.

The company has a debt-to-equity ratio of 0.12, a current ratio of 3.63 and a quick ratio of 3.07. The company has a market capitalization of $39,430.00, a PE ratio of 33.33, a PEG ratio of 1.45 and a beta of 1.52.

Regeneron Pharmaceuticals (NASDAQ:REGN) last released its earnings results on Wednesday, November 8th. The biopharmaceutical company reported $3.99 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $3.83 by $0.16. Regeneron Pharmaceuticals had a net margin of 23.17% and a return on equity of 25.73%. The company had revenue of $1.50 billion during the quarter, compared to the consensus estimate of $1.45 billion. During the same quarter in the prior year, the firm earned $3.13 EPS. The company’s revenue was up 23.0% compared to the same quarter last year. research analysts anticipate that Regeneron Pharmaceuticals Inc will post 13.55 earnings per share for the current year.

A number of hedge funds have recently added to or reduced their stakes in the business. DnB Asset Management AS purchased a new stake in Regeneron Pharmaceuticals in the 4th quarter worth approximately $9,136,000. Atlantic Trust Group LLC bought a new position in shares of Regeneron Pharmaceuticals during the 3rd quarter valued at $3,560,000. Parametric Portfolio Associates LLC raised its holdings in shares of Regeneron Pharmaceuticals by 13.4% during the 3rd quarter. Parametric Portfolio Associates LLC now owns 166,812 shares of the biopharmaceutical company’s stock valued at $74,585,000 after purchasing an additional 19,729 shares in the last quarter. Public Employees Retirement System of Ohio raised its holdings in shares of Regeneron Pharmaceuticals by 0.4% during the 3rd quarter. Public Employees Retirement System of Ohio now owns 54,532 shares of the biopharmaceutical company’s stock valued at $24,382,000 after purchasing an additional 244 shares in the last quarter. Finally, Americafirst Capital Management LLC bought a new position in shares of Regeneron Pharmaceuticals during the 3rd quarter valued at $700,000. Institutional investors own 66.63% of the company’s stock.

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Regeneron Pharmaceuticals Company Profile

Regeneron Pharmaceuticals, Inc is a biopharmaceutical company that discovers, invents, develops, manufactures and commercializes medicines for the treatment of serious medical conditions. The Company commercializes medicines for eye diseases, high low-density lipoprotein (LDL) cholesterol, and an inflammatory condition and have product candidates in development in other areas, including rheumatoid arthritis, asthma, atopic dermatitis, pain, cancer, and infectious diseases.

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