Juniper Networks, Inc. (NYSE:JNPR) has been given a consensus recommendation of “Hold” by the twenty-three analysts that are covering the firm, MarketBeat reports. Four equities research analysts have rated the stock with a sell recommendation, ten have issued a hold recommendation and eight have assigned a buy recommendation to the company. The average 1-year price target among brokers that have issued a report on the stock in the last year is $24.59.

JNPR has been the subject of several research analyst reports. Rosenblatt Securities lifted their target price on shares of Juniper Networks from $24.00 to $25.00 and gave the company a “neutral” rating in a research report on Monday, April 13th. Nomura Securities dropped their target price on shares of Juniper Networks from $26.00 to $20.00 and set a “buy” rating for the company in a research report on Monday, March 23rd. Raymond James lifted their target price on shares of Juniper Networks from $26.00 to $27.00 and gave the company an “outperform” rating in a research report on Wednesday, April 29th. Needham & Company LLC lifted their target price on shares of Juniper Networks from $24.00 to $27.00 and gave the company a “buy” rating in a research report on Wednesday, April 29th. Finally, Morgan Stanley lifted their target price on shares of Juniper Networks from $18.00 to $20.00 and gave the company an “underweight” rating in a research report on Wednesday, April 29th.

Shares of NYSE:JNPR opened at $22.78 on Friday. The company has a 50 day moving average of $23.57 and a 200 day moving average of $22.93. The stock has a market cap of $7.35 billion, a P/E ratio of 23.48, a P/E/G ratio of 2.51 and a beta of 0.97. Juniper Networks has a 12 month low of $15.20 and a 12 month high of $27.57. The company has a current ratio of 1.93, a quick ratio of 1.93 and a debt-to-equity ratio of 0.39.

Juniper Networks (NYSE:JNPR) last issued its quarterly earnings data on Tuesday, April 28th. The network equipment provider reported $0.23 EPS for the quarter, beating the consensus estimate of $0.12 by $0.11. The company had revenue of $998.00 million during the quarter, compared to analysts’ expectations of $1 billion. Juniper Networks had a net margin of 7.53% and a return on equity of 8.93%. Juniper Networks’s revenue for the quarter was down .4% on a year-over-year basis. During the same quarter in the previous year, the company earned $0.26 earnings per share. On average, equities analysts forecast that Juniper Networks will post 1.1 earnings per share for the current fiscal year.

The business also recently disclosed a quarterly dividend, which was paid on Monday, June 22nd. Shareholders of record on Monday, June 1st were given a dividend of $0.20 per share. This represents a $0.80 dividend on an annualized basis and a yield of 3.51%. The ex-dividend date of this dividend was Friday, May 29th. Juniper Networks’s payout ratio is currently 66.12%.

In other Juniper Networks news, EVP Manoj Leelanivas sold 22,587 shares of the business’s stock in a transaction on Tuesday, April 28th. The shares were sold at an average price of $24.00, for a total transaction of $542,088.00. Following the transaction, the executive vice president now directly owns 63,459 shares of the company’s stock, valued at approximately $1,523,016. The sale was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. 1.20% of the stock is currently owned by insiders.

Several large investors have recently added to or reduced their stakes in the company. Pacer Advisors Inc. grew its position in shares of Juniper Networks by 4.2% in the 1st quarter. Pacer Advisors Inc. now owns 11,396 shares of the network equipment provider’s stock worth $257,000 after buying an additional 464 shares during the period. CSat Investment Advisory L.P. boosted its stake in Juniper Networks by 20.4% in the 1st quarter. CSat Investment Advisory L.P. now owns 2,941 shares of the network equipment provider’s stock worth $57,000 after purchasing an additional 498 shares in the last quarter. Nissay Asset Management Corp Japan ADV boosted its stake in Juniper Networks by 1.9% in the 4th quarter. Nissay Asset Management Corp Japan ADV now owns 35,703 shares of the network equipment provider’s stock worth $879,000 after purchasing an additional 680 shares in the last quarter. Quadrant Capital Group LLC boosted its stake in Juniper Networks by 89.7% in the 4th quarter. Quadrant Capital Group LLC now owns 1,472 shares of the network equipment provider’s stock worth $33,000 after purchasing an additional 696 shares in the last quarter. Finally, Mutual of America Capital Management LLC boosted its stake in Juniper Networks by 1.6% in the 1st quarter. Mutual of America Capital Management LLC now owns 45,627 shares of the network equipment provider’s stock worth $873,000 after purchasing an additional 735 shares in the last quarter. 89.47% of the stock is currently owned by hedge funds and other institutional investors.

About Juniper Networks

Juniper Networks, Inc designs, develops, and sells network products and services worldwide. The company 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.

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Analyst Recommendations for Juniper Networks (NYSE:JNPR)

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