November 29, 2016 - By Richard Conner · 0 Comments
Juniper Networks Inc (NYSE:JNPR) institutional sentiment increased to 1.18 in Q2 2016. Its up 0.51, from 0.67 in 2016Q1. The ratio is positive, as 154 hedge funds increased and opened new holdings, while 231 sold and trimmed stock positions in Juniper Networks Inc. The hedge funds in our partner’s database now own: 323.27 million shares, down from 345.64 million shares in 2016Q1. Also, the number of hedge funds holding Juniper Networks Inc in their top 10 holdings increased from 2 to 3 for an increase of 1. Sold All: 72 Reduced: 159 Increased: 116 New Position: 38.
Juniper Networks, Inc. designs, develops and sells services and products for high-performance networks to enable clients to build networks for their businesses. The company has a market cap of $10.12 billion. The Firm sells its products in over 100 countries in three geographic regions: Americas; Europe, Middle East, and Africa , and Asia Pacific (APAC). It has a 17.11 P/E ratio. It sells its high-performance network products and service offerings across routing, switching and security.
The stock decreased 0.11% or $0.03 during the last trading session, hitting $26.48. Juniper Networks, Inc. (NYSE:JNPR) has risen 12.44% since April 26, 2016 and is uptrending. It has outperformed by 7.18% the S&P500.
Analysts await Juniper Networks, Inc. (NYSE:JNPR) to report earnings on January, 25. They expect $0.51 earnings per share, down 1.92% or $0.01 from last year’s $0.52 per share. JNPR’s profit will be $194.91M for 12.98 P/E if the $0.51 EPS becomes a reality. After $0.47 actual earnings per share reported by Juniper Networks, Inc. for the previous quarter, Wall Street now forecasts 8.51% EPS growth.
According to Zacks Investment Research, “Juniper Networks Inc. is a provider of Internet infrastructure solutions that enable Internet service providers and other telecommunications service providers to meet the demands resulting from the rapid growth of the Internet. The company delivers next generation Internet backbone routers that are specifically designed, or purpose-built, for service provider networks and offer our customers increased reliability, performance, scalability, interoperability and flexibility, and reduced complexity and cost compared to current alternatives.”
Fairpointe Capital Llc holds 3.86% of its portfolio in Juniper Networks, Inc. for 7.59 million shares. Ncm Capital Advisers Inc. owns 36,654 shares or 2.37% of their US portfolio. Moreover, Trilogy Global Advisors Lp has 1.68% invested in the company for 2.44 million shares. The Illinois-based Aston Asset Management Llc has invested 1.5% in the stock. Boussard & Gavaudan Investment Management Llp, a United Kingdom-based fund reported 177,154 shares.#img1#
Insider Transactions: Since January 1, 0001, the stock had 0 insider purchases, and 12 insider sales for $30.03 million net activity.
Ratings analysis reveals 39% of Juniper Networks Inc.’s analysts are positive. Out of 18 Wall Street analysts rating Juniper Networks Inc., 7 give it “Buy”, 2 “Sell” rating, while 9 recommend “Hold”. The lowest target is $22 while the high is $36. The stock’s average target of $30.08 is 13.60% above today’s ($26.48) share price. JNPR was included in 34 notes of analysts from July 24, 2015. The stock has “Buy” rating given by UBS on Friday, July 24. Bernstein downgraded Juniper Networks, Inc. (NYSE:JNPR) on Tuesday, January 5 to “Mkt Perform” rating. The firm has “Outperform” rating given on Tuesday, October 13 by RBC Capital Markets. RBC Capital Markets maintained Juniper Networks, Inc. (NYSE:JNPR) on Friday, October 23 with “Outperform” rating. The company was maintained on Friday, July 24 by Cantor Fitzgerald. The rating was maintained by UBS with “Buy” on Friday, October 23. The rating was maintained by Stifel Nicolaus on Friday, October 23 with “Buy”. Stifel Nicolaus reinitiated the shares of JNPR in a report on Friday, November 18 with “Buy” rating. Morgan Stanley downgraded Juniper Networks, Inc. (NYSE:JNPR) on Tuesday, November 1 to “Underweight” rating. As per Tuesday, January 5, the company rating was upgraded by Deutsche Bank.
Juniper Networks, Inc. (Juniper Networks), incorporated on September 10, 1997, designs, develops and sells services and products for high-performance networks to enable clients to build networks for their businesses. The Firm sells its products in over 100 countries in three geographic regions: Americas; Europe, Middle East, and Africa (EMEA), and Asia Pacific (APAC). The Firm sells its high-performance network products and service offerings across routing, switching and security. The Company’s products address network requirements for global service providers, cloud environments, enterprises, governments, and research and public sector organizations. In addition to its products, the Company offers its clients across the world services, including technical support, professional services, education and training programs.
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By Richard Conner