Juniper Networks (NYSE:JNPR) Coverage Initiated by Analysts at StockNews.com

Equities research analysts at StockNews.com assumed coverage on shares of Juniper Networks (NYSE:JNPR - Get Free Report) in a research note issued on Monday. The firm set a "hold" rating on the network equipment provider's stock.

Several other brokerages have also commented on JNPR. Needham & Company LLC reaffirmed a "hold" rating on shares of Juniper Networks in a research note on Friday, April 26th. Barclays increased their price target on shares of Juniper Networks from $40.00 to $41.00 and gave the stock an "equal weight" rating in a research report on Friday, April 26th. Eleven equities research analysts have rated the stock with a hold rating and two have assigned a buy rating to the company's stock. Based on data from MarketBeat, the company has an average rating of "Hold" and a consensus target price of $34.55.

Juniper Networks Stock Performance

Shares of NYSE:JNPR traded up $0.10 during midday trading on Monday, reaching $34.69. The company's stock had a trading volume of 1,551,900 shares, compared to its average volume of 4,335,675. The firm has a market capitalization of $11.27 billion, a PE ratio of 50.28, a P/E/G ratio of 9.05 and a beta of 0.98. The stock has a fifty day moving average of $35.79 and a 200 day moving average of $34.14. The company has a quick ratio of 1.27, a current ratio of 1.74 and a debt-to-equity ratio of 0.36. Juniper Networks has a twelve month low of $24.87 and a twelve month high of $38.04.

Juniper Networks (NYSE:JNPR - Get Free Report) last issued its quarterly earnings data on Thursday, April 25th. The network equipment provider reported $0.09 EPS for the quarter, missing the consensus estimate of $0.18 by ($0.09). Juniper Networks had a net margin of 4.19% and a return on equity of 10.02%. The business had revenue of $1.15 billion during the quarter, compared to analyst estimates of $1.23 billion. On average, equities analysts expect that Juniper Networks will post 1.08 EPS for the current fiscal year.

Insider Buying and Selling

In other Juniper Networks news, CFO Kenneth Bradley Miller sold 15,000 shares of the firm's stock in a transaction dated Wednesday, May 15th. The shares were sold at an average price of $34.47, for a total transaction of $517,050.00. Following the completion of the transaction, the chief financial officer now directly owns 69,435 shares in the company, valued at approximately $2,393,424.45. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. In other news, CEO Rami Rahim sold 5,555 shares of the company's stock in a transaction on Monday, March 4th. The stock was sold at an average price of $37.53, for a total value of $208,479.15. Following the sale, the chief executive officer now directly owns 1,019,589 shares in the company, valued at $38,265,175.17. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, CFO Kenneth Bradley Miller sold 15,000 shares of Juniper Networks stock in a transaction dated Wednesday, May 15th. The stock was sold at an average price of $34.47, for a total value of $517,050.00. Following the sale, the chief financial officer now owns 69,435 shares of the company's stock, valued at approximately $2,393,424.45. The disclosure for this sale can be found here. Insiders have sold 48,330 shares of company stock worth $1,732,206 in the last three months. Corporate insiders own 1.28% of the company's stock.

Institutional Investors Weigh In On Juniper Networks

A number of hedge funds and other institutional investors have recently modified their holdings of JNPR. Vanguard Personalized Indexing Management LLC increased its stake in Juniper Networks by 4.8% in the third quarter. Vanguard Personalized Indexing Management LLC now owns 46,266 shares of the network equipment provider's stock valued at $1,286,000 after purchasing an additional 2,134 shares during the last quarter. Charles Schwab Investment Management Inc. increased its stake in shares of Juniper Networks by 2.0% during the 4th quarter. Charles Schwab Investment Management Inc. now owns 2,821,292 shares of the network equipment provider's stock valued at $83,172,000 after acquiring an additional 54,735 shares during the last quarter. Nordea Investment Management AB lifted its holdings in shares of Juniper Networks by 2,096.4% during the 4th quarter. Nordea Investment Management AB now owns 452,455 shares of the network equipment provider's stock worth $13,212,000 after acquiring an additional 431,855 shares during the period. Assenagon Asset Management S.A. boosted its position in shares of Juniper Networks by 71.8% in the third quarter. Assenagon Asset Management S.A. now owns 324,954 shares of the network equipment provider's stock worth $9,030,000 after acquiring an additional 135,823 shares during the last quarter. Finally, BNP Paribas Financial Markets grew its holdings in Juniper Networks by 43.9% in the fourth quarter. BNP Paribas Financial Markets now owns 520,932 shares of the network equipment provider's stock valued at $15,357,000 after purchasing an additional 158,913 shares during the period. 91.95% of the stock is currently owned by hedge funds and other institutional investors.

Juniper Networks Company Profile

Juniper Networks, Inc designs, develops, and sells network products and services worldwide. The company offers routing products, such as ACX series universal access routers to deploy high-bandwidth services; MX series Ethernet routers that function as a universal edge platform; PTX series packet transport routers; wide-area network SDN controllers; and session smart routers.