Hsbc Holdings PLC and
TrinityPoint Wealth LLC have trimmed their positions in
Juniper Networks, while
PNC Financial Services Group and
Quadrant Capital Group LLC increased their holdings.
Intech Investment Management LLC and
Nomura Asset Management maintain substantial stock positions in the company. The company's EVP COO
Manoj Leelanivas sold substantial shares while
Panagora Asset Management Inc. purchased shares.
Juniper is increasing its dividend payout, further expanding its networking portfolio with an 800G router, and enhancing its cybersecurity platform. They also announced the acquisition of Mist to boost enterprise networking. Despite market challenges, leading to a top and bottom line miss in Q1, they anticipate potential future growth. Possible acquisition talks with
Hewlett Packard Enterprise may also provide opportunities.
Juniper has strong fundamentals with robust balance sheet, but with concerns about new corporate activity and growth risks.
Juniper Networks JNPR News Analytics from Mon, 28 Aug 2023 07:00:00 GMT to Thu, 30 May 2024 18:14:44 GMT -
Rating 5
- Innovation 3
- Information 6
- Rumor -1
