Juniper Networks, Inc. (NYSE:JNPR) has been assigned an average recommendation of “Hold” from the thirty analysts that are presently covering the firm, MarketBeat Ratings reports. Four analysts have rated the stock with a sell recommendation, ten have given a hold recommendation, twelve have issued a buy recommendation and two have given a strong buy recommendation to the company. The average 12 month target price among analysts that have issued a report on the stock in the last year is $31.04.

Several research firms have issued reports on JNPR. Zacks Investment Research upgraded Juniper Networks from a “hold” rating to a “strong-buy” rating and set a $32.00 target price on the stock in a research report on Wednesday. Royal Bank Of Canada restated a “hold” rating and set a $30.00 target price on shares of Juniper Networks in a research report on Wednesday, August 2nd. BidaskClub downgraded Juniper Networks from a “hold” rating to a “sell” rating in a research report on Tuesday, August 1st. Berenberg Bank restated a “buy” rating and set a $35.00 target price on shares of Juniper Networks in a research report on Thursday, July 27th. Finally, TheStreet upgraded Juniper Networks from a “c+” rating to a “b” rating in a research report on Monday, July 24th.

In other news, VP Terrance F. Spidell sold 3,313 shares of the stock in a transaction dated Tuesday, August 1st. The shares were sold at an average price of $27.69, for a total transaction of $91,736.97. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, EVP Vincent Molinaro sold 5,031 shares of the stock in a transaction dated Tuesday, July 25th. The stock was sold at an average price of $30.00, for a total transaction of $150,930.00. The disclosure for this sale can be found here. Insiders have sold 18,944 shares of company stock worth $555,049 over the last ninety days. Insiders own 3.40% of the company’s stock.

Several hedge funds have recently bought and sold shares of the company. Creative Planning raised its stake in Juniper Networks by 0.4% in the second quarter. Creative Planning now owns 4,696 shares of the network equipment provider’s stock worth $131,000 after buying an additional 21 shares in the last quarter. D.A. Davidson & CO. raised its stake in Juniper Networks by 0.3% in the second quarter. D.A. Davidson & CO. now owns 8,348 shares of the network equipment provider’s stock worth $232,000 after buying an additional 24 shares in the last quarter. Contravisory Investment Management Inc. raised its stake in Juniper Networks by 0.6% in the second quarter. Contravisory Investment Management Inc. now owns 9,629 shares of the network equipment provider’s stock worth $268,000 after buying an additional 60 shares in the last quarter. Cadence Capital Management LLC raised its stake in Juniper Networks by 0.5% in the second quarter. Cadence Capital Management LLC now owns 12,930 shares of the network equipment provider’s stock worth $360,000 after buying an additional 63 shares in the last quarter. Finally, Tredje AP fonden raised its stake in Juniper Networks by 0.4% in the first quarter. Tredje AP fonden now owns 19,874 shares of the network equipment provider’s stock worth $553,000 after buying an additional 74 shares in the last quarter. Institutional investors own 92.77% of the company’s stock.

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Juniper Networks (JNPR) traded down 2.13% during mid-day trading on Friday, reaching $27.16. The company had a trading volume of 3,039,265 shares. Juniper Networks has a one year low of $22.40 and a one year high of $30.96. The stock has a market capitalization of $10.33 billion, a PE ratio of 16.25 and a beta of 1.07. The company’s 50-day moving average is $28.39 and its 200-day moving average is $28.54.

Juniper Networks (NYSE:JNPR) last posted its earnings results on Tuesday, July 25th. The network equipment provider reported $0.57 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.54 by $0.03. The firm had revenue of $1.31 billion for the quarter, compared to the consensus estimate of $1.29 billion. Juniper Networks had a return on equity of 14.13% and a net margin of 12.66%. The business’s quarterly revenue was up 7.2% on a year-over-year basis. During the same quarter in the prior year, the business posted $0.50 earnings per share. Equities research analysts anticipate that Juniper Networks will post $2.24 earnings per share for the current year.

The business also recently disclosed a quarterly dividend, which will be paid on Friday, September 22nd. Stockholders of record on Friday, September 1st will be paid a dividend of $0.10 per share. The ex-dividend date of this dividend is Wednesday, August 30th. This represents a $0.40 dividend on an annualized basis and a dividend yield of 1.47%. Juniper Networks’s dividend payout ratio (DPR) is currently 23.39%.

Juniper Networks Company Profile

Juniper Networks, Inc designs, develops and sells products and services for high-performance networks to enable customers to build networks for their businesses. The Company sells its products in over 100 countries in three geographic regions: Americas; Europe, the Middle East and Africa, and Asia Pacific.

Analyst Recommendations for Juniper Networks (NYSE:JNPR)

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