Bill Few Associates Inc. Purchases New Stake in Juniper Networks, Inc. (NYSE:JNPR)
From MarketBeat:
Bill Few Associates Inc. recently acquired a new stake in Juniper Networks, Inc. by purchasing 42,650 shares valued at around $1,185,000. Several other large investors also increased their holdings in Juniper Networks, with institutional investors currently owning 87.79% of the company’s stock. Insider selling by the CEO, CFO, and others amounted to over $1.4 million.
In recent trading, Juniper Networks’ stock price stood at $29.48, yielding a market capitalization of $9.40 billion. The company’s stock moved 23.7% lower in the last quarter. Juniper Networks reported earnings of $0.41 per share on $1.40 billion in revenue for the recent quarter.
Juniper Networks just paid its shareholders a quarterly dividend, amounting to $0.22 per share, on December 22, with a payout ratio of 78.57%. Analysts expect Juniper Networks, Inc. to achieve a 1.59 EPS for the fiscal year. Analysts’ opinions on JNPR are mixed, with a hold rating by most, and a consensus target price of $33.00.
Juniper Networks, Inc offers routing products and services globally, including high-bandwidth routers, SDN controllers, and session smart routers. Despite having a “Hold” rating by analysts, some top-rated analysts recommend five other stocks.
Read more: Bill Few Associates Inc. Purchases New Stake in Juniper Networks, Inc. (NYSE:JNPR)