Wellington Shields & Co. LLC Takes $202,000 Position in Juno Therapeutics, Inc. (JUNO)
Wellington Shields & Co. LLC purchased a new stake in shares of Juno Therapeutics, Inc. (NASDAQ:JUNO) during the third quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm purchased 4,500 shares of the biopharmaceutical company’s stock, valued at approximately $202,000.
Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the stock. Teacher Retirement System of Texas bought a new position in shares of Juno Therapeutics during the third quarter valued at about $293,000. Advisor Group Inc. lifted its position in shares of Juno Therapeutics by 141.1% during the third quarter. Advisor Group Inc. now owns 2,459 shares of the biopharmaceutical company’s stock valued at $109,000 after purchasing an additional 1,439 shares in the last quarter. New York State Common Retirement Fund lifted its position in shares of Juno Therapeutics by 3.6% during the third quarter. New York State Common Retirement Fund now owns 142,700 shares of the biopharmaceutical company’s stock valued at $6,402,000 after purchasing an additional 5,000 shares in the last quarter. Jennison Associates LLC lifted its position in shares of Juno Therapeutics by 162.0% during the third quarter. Jennison Associates LLC now owns 1,988,708 shares of the biopharmaceutical company’s stock valued at $89,213,000 after purchasing an additional 1,229,622 shares in the last quarter. Finally, Candriam Luxembourg S.C.A. bought a new position in shares of Juno Therapeutics during the third quarter valued at about $5,428,000. 66.71% of the stock is currently owned by institutional investors.
Juno Therapeutics, Inc. (NASDAQ JUNO) traded down $1.54 on Tuesday, hitting $56.05. 1,395,100 shares of the stock traded hands, compared to its average volume of 2,064,604. The company has a debt-to-equity ratio of 0.01, a current ratio of 4.77 and a quick ratio of 4.77. Juno Therapeutics, Inc. has a 52-week low of $17.52 and a 52-week high of $61.59.
Juno Therapeutics (NASDAQ:JUNO) last posted its earnings results on Wednesday, November 1st. The biopharmaceutical company reported ($0.73) earnings per share for the quarter, topping the consensus estimate of ($0.80) by $0.07. The firm had revenue of $44.80 million during the quarter, compared to the consensus estimate of $18.12 million. Juno Therapeutics had a negative net margin of 332.05% and a negative return on equity of 32.54%. The company’s revenue was up 115.4% on a year-over-year basis. During the same quarter last year, the company earned ($0.57) earnings per share. equities research analysts anticipate that Juno Therapeutics, Inc. will post -4.02 EPS for the current fiscal year.
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JUNO has been the topic of a number of recent analyst reports. Wedbush raised shares of Juno Therapeutics from a “neutral” rating to an “outperform” rating and set a $42.00 price target on the stock in a research report on Tuesday, August 29th. Wells Fargo & Company reissued an “outperform” rating and set a $54.00 price target (up from $35.00) on shares of Juno Therapeutics in a research report on Tuesday, September 5th. Raymond James Financial, Inc. raised their price target on shares of Juno Therapeutics from $45.00 to $61.00 and gave the company an “outperform” rating in a research report on Friday, November 3rd. Standpoint Research restated a “reduce” rating on shares of Juno Therapeutics in a report on Thursday, August 31st. Finally, Goldman Sachs Group, Inc. (The) restated a “neutral” rating and set a $44.00 price objective on shares of Juno Therapeutics in a report on Friday, October 6th. Three research analysts have rated the stock with a sell rating, seven have given a hold rating and nine have given a buy rating to the company’s stock. The company has an average rating of “Hold” and a consensus price target of $44.20.
In other news, EVP Robert Azelby sold 6,666 shares of Juno Therapeutics stock in a transaction dated Thursday, November 2nd. The shares were sold at an average price of $54.95, for a total value of $366,296.70. Following the completion of the transaction, the executive vice president now owns 79,998 shares in the company, valued at $4,395,890.10. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Also, insider Sunil Agarwal sold 7,285 shares of Juno Therapeutics stock in a transaction dated Monday, October 2nd. The stock was sold at an average price of $44.76, for a total transaction of $326,076.60. The disclosure for this sale can be found here. Insiders sold 79,670 shares of company stock valued at $3,553,777 in the last quarter. Corporate insiders own 15.26% of the company’s stock.
Juno Therapeutics Company Profile
Juno Therapeutics, Inc (Juno) is a biopharmaceutical company, which is focused on developing cellular immunotherapies for the treatment of cancer. The Company is developing cell-based cancer immunotherapies based on its chimeric antigen receptor (CAR) and T cell receptor (TCR) technologies to genetically engineer T cells to recognize and kill cancer cells.
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