Barclays lowered shares of Juniper Networks (NYSE:JNPR) from an equal weight rating to an underweight rating in a report released on Wednesday morning, MarketBeat Ratings reports. They currently have $25.00 price objective on the network equipment provider’s stock, down from their previous price objective of $28.00.

Several other analysts have also issued reports on JNPR. Piper Jaffray Companies reissued a neutral rating and issued a $27.00 price target on shares of Juniper Networks in a research report on Wednesday, January 10th. BidaskClub lowered shares of Juniper Networks from a hold rating to a sell rating in a research report on Tuesday, October 17th. Zacks Investment Research lowered shares of Juniper Networks from a buy rating to a hold rating in a research report on Tuesday, September 26th. Robert W. Baird reissued a hold rating and issued a $28.00 price target on shares of Juniper Networks in a research report on Thursday, October 12th. Finally, UBS Group lowered their price target on shares of Juniper Networks from $30.00 to $28.00 and set a neutral rating on the stock in a research report on Thursday, October 12th. Six equities research analysts have rated the stock with a sell rating, seventeen have given a hold rating, eight have issued a buy rating and one has given a strong buy rating to the stock. Juniper Networks currently has an average rating of Hold and an average price target of $28.84.

Shares of Juniper Networks (JNPR) traded down $1.01 during mid-day trading on Wednesday, reaching $27.66. 5,760,000 shares of the company’s stock traded hands, compared to its average volume of 3,680,000. The company has a market capitalization of $10,520.00, a price-to-earnings ratio of 16.56, a price-to-earnings-growth ratio of 2.64 and a beta of 1.10. The company has a current ratio of 2.70, a quick ratio of 2.70 and a debt-to-equity ratio of 0.41. Juniper Networks has a twelve month low of $23.87 and a twelve month high of $30.96.

Juniper Networks (NYSE:JNPR) last announced its quarterly earnings data on Tuesday, October 24th. The network equipment provider reported $0.55 EPS for the quarter, missing the consensus estimate of $0.58 by ($0.03). Juniper Networks had a return on equity of 13.81% and a net margin of 12.77%. The company had revenue of $1.26 billion during the quarter, compared to the consensus estimate of $1.26 billion. During the same period in the prior year, the firm posted $0.58 EPS. The business’s revenue was down 2.1% on a year-over-year basis. analysts expect that Juniper Networks will post 1.7 earnings per share for the current year.

The company also recently announced a quarterly dividend, which was paid on Friday, December 22nd. Investors of record on Friday, December 1st were issued a dividend of $0.10 per share. This represents a $0.40 dividend on an annualized basis and a yield of 1.45%. The ex-dividend date was Thursday, November 30th. Juniper Networks’s dividend payout ratio (DPR) is presently 23.95%.

In related news, Director Rahul N. Merchant purchased 2,000 shares of the business’s stock in a transaction on Wednesday, November 8th. The stock was acquired at an average price of $24.48 per share, with a total value of $48,960.00. Following the purchase, the director now directly owns 22,543 shares in the company, valued at $551,852.64. The purchase was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Also, CEO Rami Rahim sold 5,400 shares of the business’s stock in a transaction that occurred on Tuesday, November 14th. The stock was sold at an average price of $26.35, for a total transaction of $142,290.00. Following the completion of the transaction, the chief executive officer now directly owns 469,607 shares of the company’s stock, valued at approximately $12,374,144.45. The disclosure for this sale can be found here. Corporate insiders own 2.60% of the company’s stock.

Hedge funds have recently added to or reduced their stakes in the business. Stifel Financial Corp grew its stake in Juniper Networks by 9.1% in the 2nd quarter. Stifel Financial Corp now owns 124,872 shares of the network equipment provider’s stock worth $3,480,000 after buying an additional 10,465 shares in the last quarter. Regentatlantic Capital LLC grew its stake in Juniper Networks by 144.0% in the 3rd quarter. Regentatlantic Capital LLC now owns 27,584 shares of the network equipment provider’s stock worth $768,000 after buying an additional 16,280 shares in the last quarter. Candriam Luxembourg S.C.A. grew its stake in Juniper Networks by 23.9% in the 3rd quarter. Candriam Luxembourg S.C.A. now owns 1,135,469 shares of the network equipment provider’s stock worth $31,600,000 after buying an additional 219,275 shares in the last quarter. Boston Advisors LLC grew its stake in Juniper Networks by 14.1% in the 3rd quarter. Boston Advisors LLC now owns 389,130 shares of the network equipment provider’s stock worth $10,829,000 after buying an additional 48,110 shares in the last quarter. Finally, Ifrah Financial Services Inc. purchased a new position in Juniper Networks in the 3rd quarter worth approximately $541,000. 90.64% of the stock is owned by institutional investors and hedge funds.

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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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