Institutional Investors Love Juniper Networks Inc (NYSE:JNPR)

January 14, 2018 - By Adrian Erickson

 Institutional Investors  Love Juniper Networks Inc (NYSE:JNPR)

Sentiment for Juniper Networks Inc (NYSE:JNPR)

Juniper Networks Inc (NYSE:JNPR) institutional sentiment decreased to 1.33 in Q3 2017. Its down -0.94, from 2.27 in 2017Q2. The ratio has dropped, as 226 institutional investors opened new and increased stock positions, while 170 sold and decreased holdings in Juniper Networks Inc. The institutional investors in our partner’s database now hold: 330.80 million shares, down from 336.77 million shares in 2017Q2. Also, the number of institutional investors holding Juniper Networks Inc in their top 10 stock positions decreased from 2 to 1 for a decrease of 1. Sold All: 41 Reduced: 129 Increased: 177 New Position: 49.

Juniper Networks, Inc. designs, develops, and sells network services and products worldwide. The company has market cap of $10.83 billion. The firm offers various routing products, such as ACX series universal access routers to deploy new high-bandwidth services; MX series Ethernet routers that functions as a universal edge platform; PTX series packet transport routers; cloud customer premises equipment; and NorthStar controllers. It has a 17.3 P/E ratio. It also provides switching products, including EX series Ethernet switches to address the access, aggregation, and core layer switching requirements of micro branch, branch office, and campus and data center environments; QFX series of core, spine, and top-of-rack data center switches; and OCX1100, an open networking switch.

The stock increased 0.45% or $0.13 during the last trading session, reaching $28.89. About 3.06M shares traded. Juniper Networks, Inc. (NYSE:JNPR) has risen 32.01% since January 14, 2017 and is uptrending. It has outperformed by 15.31% the S&P500.

Analysts await Juniper Networks, Inc. (NYSE:JNPR) to report earnings on January, 25. They expect $0.42 earnings per share, down 19.23 % or $0.10 from last year’s $0.52 per share. JNPR’s profit will be $157.47 million for 17.20 P/E if the $0.42 EPS becomes a reality. After $0.47 actual earnings per share reported by Juniper Networks, Inc. for the previous quarter, Wall Street now forecasts -10.64 % negative EPS growth.

Fairpointe Capital Llc holds 3.33% of its portfolio in Juniper Networks, Inc. for 6.05 million shares. Goodman Financial Corp owns 204,605 shares or 2.78% of their US portfolio. Moreover, Sirios Capital Management L P has 2.7% invested in the company for 1.85 million shares. The Ohio-based Diamond Hill Capital Management Inc has invested 1.87% in the stock. Decatur Capital Management Inc., a Georgia-based fund reported 337,670 shares.#img1#

Since January 1, 0001, it had 0 insider purchases, and 1 insider sale for $438,944 activity.

Juniper Networks, Inc. (NYSE:JNPR) Ratings Coverage

Ratings analysis reveals 27% of Juniper Networks Inc.’s analysts are positive. Out of 30 Wall Street analysts rating Juniper Networks Inc., 8 give it “Buy”, 3 “Sell” rating, while 19 recommend “Hold”. The lowest target is $20.0 while the high is $3800. The stock’s average target of $28.91 is 0.07% above today’s ($28.89) share price. JNPR was included in 83 notes of analysts from July 24, 2015. Stifel Nicolaus maintained the shares of JNPR in report on Friday, October 23 with “Buy” rating. The firm has “Hold” rating by RBC Capital Markets given on Tuesday, June 27. The rating was maintained by Needham with “Hold” on Monday, September 11. The firm earned “Neutral” rating on Wednesday, October 25 by Robert W. Baird. KeyBanc Capital Markets maintained Juniper Networks, Inc. (NYSE:JNPR) on Thursday, September 21 with “Hold” rating. As per Tuesday, April 12, the company rating was maintained by Robert W. Baird. The firm has “Outperform” rating by BMO Capital Markets given on Thursday, October 12. The firm has “Hold” rating by RBC Capital Markets given on Monday, October 9. BMO Capital Markets upgraded the stock to “Outperform” rating in Monday, July 10 report. The rating was downgraded by Nomura on Thursday, October 12 to “Hold”.

Another recent and important Juniper Networks, Inc. (NYSE:JNPR) news was published by Twst.com which published an article titled: “Juniper Networks Inc.: Juniper Networks Announces Date of Fourth Quarter and …” on December 27, 2017.

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