Brown Advisory Securities LLC Increases Position in Altria Group Inc (NYSE:MO)

Quantum Capital Management LLC NJ purchased a new position in Altria Group during the third quarter valued at approximately $114,000. Northwest Investment Counselors LLC lifted its holdings in Altria Group by 557.0% during the third quarter. Northwest Investment Counselors LLC now owns 1,820 …

Altria Group logoBrown Advisory Securities LLC lifted its stake in Altria Group Inc (NYSE:MO) by 5.5% in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 28,490 shares of the company’s stock after acquiring an additional 1,483 shares during the quarter. Brown Advisory Securities LLC’s holdings in Altria Group were worth $2,032,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors and hedge funds have also bought and sold shares of the company. NewSquare Capital LLC boosted its holdings in shares of Altria Group by 4,734.7% in the third quarter. NewSquare Capital LLC now owns 108,780 shares of the company’s stock worth $109,000 after buying an additional 106,530 shares during the last quarter. Balentine LLC lifted its holdings in Altria Group by 32.4% during the second quarter. Balentine LLC now owns 1,460 shares of the company’s stock valued at $109,000 after purchasing an additional 357 shares in the last quarter. Quantum Capital Management LLC NJ purchased a new position in Altria Group during the third quarter valued at approximately $114,000. Northwest Investment Counselors LLC lifted its holdings in Altria Group by 557.0% during the third quarter. Northwest Investment Counselors LLC now owns 1,820 shares of the company’s stock valued at $115,000 after purchasing an additional 1,543 shares in the last quarter. Finally, Oak Point Wealth Management purchased a new position in Altria Group during the fourth quarter valued at approximately $120,000. 62.54% of the stock is currently owned by institutional investors.

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In related news, CEO Craig A. Johnson sold 14,953 shares of the business’s stock in a transaction on Thursday, February 8th. The shares were sold at an average price of $66.59, for a total value of $995,720.27. Following the sale, the chief executive officer now owns 64,809 shares in the company, valued at $4,315,631.31. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, CEO Brian W. Quigley sold 3,464 shares of the business’s stock in a transaction on Friday, March 2nd. The stock was sold at an average price of $62.40, for a total transaction of $216,153.60. The disclosure for this sale can be found here. Insiders sold 28,117 shares of company stock worth $1,821,707 in the last 90 days. 0.11% of the stock is currently owned by company insiders.

MO has been the topic of several analyst reports. Vetr raised shares of Altria Group from a “sell” rating to a “hold” rating and set a $69.29 price target on the stock in a report on Thursday, December 28th. Zacks Investment Research downgraded shares of Altria Group from a “hold” rating to a “sell” rating in a report on Tuesday, January 2nd. Wells Fargo lifted their price target on shares of Altria Group from $80.00 to $85.00 and gave the company an “outperform” rating in a report on Thursday, January 4th. Jefferies Group raised shares of Altria Group from a “hold” rating to a “buy” rating and lowered their price target for the company from $70.04 to $70.00 in a report on Friday, January 19th. Finally, Piper Jaffray lifted their price target on shares of Altria Group from $76.00 to $81.00 and gave the company an “overweight” rating in a report on Friday, February 2nd. One equities research analyst has rated the stock with a sell rating, four have issued a hold rating, ten have given a buy rating and one has given a strong buy rating to the stock. The company currently has a consensus rating of “Buy” and a consensus price target of $74.21.

Shares of Altria Group stock traded down $3.72 on Thursday, hitting $57.78. 24,260,522 shares of the company traded hands, compared to its average volume of 7,991,316. The stock has a market cap of $121,590.73, a P/E ratio of 17.09, a PEG ratio of 1.86 and a beta of 0.62. The company has a debt-to-equity ratio of 0.85, a current ratio of 0.64 and a quick ratio of 0.31. Altria Group Inc has a 52 week low of $56.08 and a 52 week high of $77.79.

Altria Group (NYSE:MO) last released its quarterly earnings data on Thursday, February 1st. The company reported $0.91 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.80 by $0.11. The firm had revenue of $4.71 billion for the quarter, compared to analysts’ expectations of $4.80 billion. Altria Group had a net margin of 39.97% and a return on equity of 50.01%. The company’s revenue for the quarter was down .4% compared to the same quarter last year. During the same quarter last year, the business posted $0.68 earnings per share. equities analysts expect that Altria Group Inc will post 4.01 EPS for the current year.

Altria Group announced that its Board of Directors has authorized a stock repurchase program on Thursday, February 1st that allows the company to repurchase $1.00 billion in outstanding shares. This repurchase authorization allows the company to reacquire shares of its stock through open market purchases. Stock repurchase programs are usually a sign that the company’s board believes its stock is undervalued.

The firm also recently declared a quarterly dividend, which was paid on Tuesday, April 10th. Investors of record on Thursday, March 15th were given a $0.70 dividend. This represents a $2.80 annualized dividend and a yield of 4.85%. The ex-dividend date of this dividend was Wednesday, March 14th. This is a boost from Altria Group’s previous quarterly dividend of $0.66. Altria Group’s payout ratio is currently 82.84%.

WARNING: This story was first reported by The Lincolnian Online and is the sole property of of The Lincolnian Online. If you are reading this story on another domain, it was stolen and reposted in violation of United States & international copyright law. The original version of this story can be accessed at https://www.thelincolnianonline.com/2018/04/19/brown-advisory-securities-llc-acquires-1483-shares-of-altria-group-inc-mo.html.

About Altria Group

Altria Group, Inc is a holding company. The Company’s segments include smokeable products, smokeless products and wine. The Company’s subsidiaries include Philip Morris USA Inc (PM USA), which is engaged in the manufacture and sale of cigarettes in the United States; John Middleton Co (Middleton), which is engaged in the manufacture and sale of machine-made cigars and pipe tobacco, and UST LLC (UST), which, through its subsidiaries, including U.S.

Institutional Ownership by Quarter for Altria Group (NYSE:MO)

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Two Sigma Investments LP Acquires 113680 Shares of PennantPark Investment Co. (NASDAQ …

Two Sigma Investments LP raised its position in shares of PennantPark Investment Co. (NASDAQ:PNNT) by 30.4% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 487,564 shares of the asset …

PennantPark Investment logoTwo Sigma Investments LP raised its position in shares of PennantPark Investment Co. (NASDAQ:PNNT) by 30.4% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 487,564 shares of the asset manager’s stock after buying an additional 113,680 shares during the period. Two Sigma Investments LP owned about 0.69% of PennantPark Investment worth $3,369,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors also recently modified their holdings of the stock. Northern Trust Corp acquired a new stake in PennantPark Investment during the 2nd quarter worth $302,000. The Manufacturers Life Insurance Company boosted its position in shares of PennantPark Investment by 552.6% during the second quarter. The Manufacturers Life Insurance Company now owns 28,044 shares of the asset manager’s stock worth $207,000 after purchasing an additional 23,747 shares in the last quarter. Macquarie Group Ltd. bought a new position in shares of PennantPark Investment during the third quarter worth $511,000. Legal & General Group Plc boosted its position in shares of PennantPark Investment by 12.6% during the third quarter. Legal & General Group Plc now owns 201,040 shares of the asset manager’s stock worth $1,507,000 after purchasing an additional 22,424 shares in the last quarter. Finally, JPMorgan Chase & Co. lifted its position in PennantPark Investment by 6.6% in the 3rd quarter. JPMorgan Chase & Co. now owns 1,866,419 shares of the asset manager’s stock valued at $14,016,000 after acquiring an additional 115,209 shares in the last quarter. 42.87% of the stock is owned by institutional investors and hedge funds.

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NASDAQ:PNNT traded down $0.08 on Thursday, hitting $6.89. The company had a trading volume of 165,887 shares, compared to its average volume of 330,983. The company has a market cap of $496.71, a price-to-earnings ratio of 8.72, a PEG ratio of 4.68 and a beta of 1.13. The company has a debt-to-equity ratio of 0.79, a current ratio of 3.03 and a quick ratio of 3.03. PennantPark Investment Co. has a 52 week low of $6.29 and a 52 week high of $8.17.

PennantPark Investment (NASDAQ:PNNT) last announced its quarterly earnings results on Wednesday, February 7th. The asset manager reported $0.20 earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of $0.18 by $0.02. PennantPark Investment had a net margin of 41.17% and a return on equity of 8.58%. The firm had revenue of $28.67 million during the quarter, compared to analysts’ expectations of $28.12 million. During the same period in the prior year, the company posted $0.21 EPS. The company’s revenue was down 10.0% on a year-over-year basis. analysts expect that PennantPark Investment Co. will post 0.75 EPS for the current year.

The company also recently disclosed a quarterly dividend, which was paid on Monday, April 2nd. Stockholders of record on Monday, March 19th were given a dividend of $0.18 per share. This represents a $0.72 annualized dividend and a dividend yield of 10.45%. The ex-dividend date was Friday, March 16th. PennantPark Investment’s dividend payout ratio (DPR) is presently 91.14%.

PNNT has been the topic of several research reports. TheStreet raised shares of PennantPark Investment from a “c” rating to a “b-” rating in a research report on Thursday, March 29th. ValuEngine cut shares of PennantPark Investment from a “strong-buy” rating to a “buy” rating in a research report on Friday, February 2nd. Zacks Investment Research upgraded shares of PennantPark Investment from a “hold” rating to a “buy” rating and set a $7.75 price objective on the stock in a research note on Wednesday, April 11th. Ladenburg Thalmann upgraded shares of PennantPark Investment from a “neutral” rating to a “buy” rating and set a $8.00 price objective on the stock in a research note on Friday, February 9th. Finally, BidaskClub upgraded shares of PennantPark Investment from a “strong sell” rating to a “sell” rating in a research note on Saturday, February 10th. One investment analyst has rated the stock with a sell rating, three have assigned a hold rating, four have given a buy rating and one has given a strong buy rating to the company’s stock. The company currently has an average rating of “Buy” and an average price target of $8.21.

In other news, Chairman Arthur H. Penn acquired 10,000 shares of the firm’s stock in a transaction dated Friday, February 9th. The stock was bought at an average cost of $6.94 per share, for a total transaction of $69,400.00. Following the completion of the transaction, the chairman now directly owns 193,410 shares in the company, valued at approximately $1,342,265.40. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Corporate insiders own 2.00% of the company’s stock.

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PennantPark Investment Company Profile

PennantPark Investment Corporation is a closed-end, non-diversified investment company. The Company is a business development company. Its objectives are to generate both current income and capital appreciation while seeking to preserve capital through debt and equity investments primarily made to the United States middle-market companies in the form of senior secured debt, mezzanine debt and equity investments.

Institutional Ownership by Quarter for PennantPark Investment (NASDAQ:PNNT)

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Broadcom (AVGO) Shares Gap Down Following Insider Selling

Broadcom Limited (NASDAQ:AVGO) gapped down before the market opened on Thursday after an insider sold shares in the company. The stock had previously closed at $255.64, but opened at $249.59. Broadcom shares last traded at $242.86, with a volume of 4962601 shares traded. Specifically …

Broadcom logoBroadcom Limited (NASDAQ:AVGO) gapped down before the market opened on Thursday after an insider sold shares in the company. The stock had previously closed at $255.64, but opened at $249.59. Broadcom shares last traded at $242.86, with a volume of 4962601 shares traded.

Specifically, Director Lake Group L.L.C. Silver bought 344,761 shares of the stock in a transaction dated Friday, April 13th. The shares were purchased at an average price of $247.94 per share, for a total transaction of $85,480,042.34. The purchase was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, CEO Hock E. Tan sold 20,000 shares of the company’s stock in a transaction dated Thursday, February 15th. The stock was sold at an average price of $247.72, for a total value of $4,954,400.00. The disclosure for this sale can be found here. Insiders sold 98,675 shares of company stock worth $25,032,829 in the last 90 days. Company insiders own 3.30% of the company’s stock.

How to Become a New Pot Stock Millionaire

A number of equities analysts have issued reports on the company. Vetr downgraded Broadcom from a “strong-buy” rating to a “buy” rating and set a $280.72 price target on the stock. in a research report on Wednesday. Zacks Investment Research upgraded Broadcom from a “hold” rating to a “buy” rating and set a $284.00 price target on the stock in a research report on Monday, March 12th. Deutsche Bank assumed coverage on Broadcom in a research report on Thursday, March 15th. They set a “buy” rating and a $325.00 price target on the stock. Canaccord Genuity reiterated a “buy” rating and set a $340.00 price target (up previously from $325.00) on shares of Broadcom in a research report on Friday, March 16th. Finally, SunTrust Banks lowered their price target on Broadcom to $335.00 and set a “buy” rating on the stock in a research report on Tuesday, March 13th. They noted that the move was a valuation call. Five equities research analysts have rated the stock with a hold rating, thirty-one have given a buy rating and one has issued a strong buy rating to the company’s stock. Broadcom presently has a consensus rating of “Buy” and a consensus price target of $314.23.

The company has a quick ratio of 5.04, a current ratio of 5.70 and a debt-to-equity ratio of 0.60. The firm has a market cap of $103,402.71, a P/E ratio of 16.98, a P/E/G ratio of 1.13 and a beta of 0.92.

Broadcom (NASDAQ:AVGO) last posted its quarterly earnings results on Thursday, March 15th. The semiconductor manufacturer reported $5.12 EPS for the quarter, beating the consensus estimate of $4.41 by $0.71. Broadcom had a return on equity of 29.50% and a net margin of 41.37%. The firm had revenue of $5.33 billion during the quarter, compared to analysts’ expectations of $5.32 billion. During the same quarter last year, the firm earned $3.63 earnings per share. The business’s revenue for the quarter was up 28.5% on a year-over-year basis. research analysts predict that Broadcom Limited will post 17.43 earnings per share for the current fiscal year.

The business also recently declared a quarterly dividend, which was paid on Thursday, March 29th. Investors of record on Thursday, March 22nd were issued a $1.75 dividend. This represents a $7.00 annualized dividend and a dividend yield of 2.88%. The ex-dividend date was Wednesday, March 21st. This is a boost from Broadcom’s previous quarterly dividend of $0.40. Broadcom’s dividend payout ratio (DPR) is currently 48.95%.

Broadcom announced that its board has approved a stock repurchase plan on Thursday, April 12th that authorizes the company to repurchase $12.00 billion in shares. This repurchase authorization authorizes the semiconductor manufacturer to reacquire up to 12.2% of its shares through open market purchases. Shares repurchase plans are usually an indication that the company’s board believes its shares are undervalued.

Several large investors have recently bought and sold shares of the stock. Barrow Hanley Mewhinney & Strauss LLC acquired a new stake in Broadcom during the fourth quarter worth $215,260,000. Coatue Management LLC increased its stake in Broadcom by 28.2% during the fourth quarter. Coatue Management LLC now owns 3,735,957 shares of the semiconductor manufacturer’s stock worth $959,768,000 after acquiring an additional 821,739 shares during the last quarter. BlackRock Inc. increased its stake in Broadcom by 2.1% during the fourth quarter. BlackRock Inc. now owns 24,924,233 shares of the semiconductor manufacturer’s stock worth $6,403,033,000 after acquiring an additional 508,470 shares during the last quarter. Jennison Associates LLC increased its stake in Broadcom by 8.1% during the fourth quarter. Jennison Associates LLC now owns 5,583,858 shares of the semiconductor manufacturer’s stock worth $1,434,493,000 after acquiring an additional 418,420 shares during the last quarter. Finally, Mackenzie Financial Corp increased its stake in Broadcom by 182.5% during the fourth quarter. Mackenzie Financial Corp now owns 623,367 shares of the semiconductor manufacturer’s stock worth $160,143,000 after acquiring an additional 402,712 shares during the last quarter. 89.50% of the stock is owned by hedge funds and other institutional investors.

ILLEGAL ACTIVITY WARNING: This story was reported by Week Herald and is the sole property of of Week Herald. If you are accessing this story on another publication, it was copied illegally and reposted in violation of U.S. and international trademark and copyright legislation. The original version of this story can be viewed at https://weekherald.com/2018/04/19/broadcom-avgo-shares-gap-down-following-insider-selling.html.

About Broadcom

Broadcom Limited designs, develops, and supplies a range of semiconductor devices with a focus on complex digital and mixed signal complementary metal oxide semiconductor based devices and analog III-V based products worldwide. The company operates through four segments: Wired Infrastructure, Wireless Communications, Enterprise Storage, and Industrial & Other.

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Traders Buy Altria Group (MO) on Weakness Following Analyst Downgrade

Quantum Capital Management LLC NJ bought a new stake in Altria Group in the third quarter valued at approximately $114,000. Northwest Investment Counselors LLC increased its stake in Altria Group by 557.0% in the third quarter. Northwest Investment Counselors LLC now owns 1,820 shares of the …

Altria Group logoInvestors bought shares of Altria Group Inc (NYSE:MO) on weakness during trading hours on Thursday after Morgan Stanley lowered their price target on the stock from $74.00 to $70.00. $322.09 million flowed into the stock on the tick-up and $281.03 million flowed out of the stock on the tick-down, for a money net flow of $41.06 million into the stock. Of all stocks tracked, Altria Group had the 17th highest net in-flow for the day. Altria Group traded down ($3.72) for the day and closed at $57.78

Other equities analysts have also issued reports about the stock. Zacks Investment Research upgraded shares of Altria Group from a “hold” rating to a “buy” rating and set a $78.00 price target on the stock in a research report on Tuesday, February 6th. Vetr upgraded shares of Altria Group from a “hold” rating to a “buy” rating and set a $71.45 price target on the stock in a research report on Monday, February 5th. Jefferies Group upgraded shares of Altria Group from a “hold” rating to a “buy” rating and reduced their target price for the stock from $70.04 to $70.00 in a research report on Friday, January 19th. Berenberg Bank upgraded shares of Altria Group from a “hold” rating to a “buy” rating and upped their target price for the stock from $60.01 to $71.00 in a research report on Tuesday, December 19th. Finally, Argus reiterated a “buy” rating and set a $79.00 target price (up from $66.13) on shares of Altria Group in a research report on Wednesday, March 14th. One investment analyst has rated the stock with a sell rating, four have assigned a hold rating, ten have given a buy rating and one has issued a strong buy rating to the company’s stock. The stock currently has an average rating of “Buy” and an average target price of $74.21.

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In related news, CEO Craig A. Johnson sold 14,953 shares of the stock in a transaction that occurred on Thursday, February 8th. The shares were sold at an average price of $66.59, for a total value of $995,720.27. Following the transaction, the chief executive officer now directly owns 64,809 shares in the company, valued at $4,315,631.31. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, CEO Brian W. Quigley sold 3,464 shares of the stock in a transaction that occurred on Friday, March 2nd. The shares were sold at an average price of $62.40, for a total transaction of $216,153.60. The disclosure for this sale can be found here. Insiders sold 28,117 shares of company stock worth $1,821,707 over the last 90 days. 0.11% of the stock is currently owned by company insiders.

Hedge funds and other institutional investors have recently made changes to their positions in the stock. NewSquare Capital LLC increased its stake in Altria Group by 4,734.7% in the third quarter. NewSquare Capital LLC now owns 108,780 shares of the company’s stock valued at $109,000 after purchasing an additional 106,530 shares in the last quarter. Balentine LLC increased its stake in Altria Group by 32.4% in the second quarter. Balentine LLC now owns 1,460 shares of the company’s stock valued at $109,000 after purchasing an additional 357 shares in the last quarter. Quantum Capital Management LLC NJ bought a new stake in Altria Group in the third quarter valued at approximately $114,000. Northwest Investment Counselors LLC increased its stake in Altria Group by 557.0% in the third quarter. Northwest Investment Counselors LLC now owns 1,820 shares of the company’s stock valued at $115,000 after purchasing an additional 1,543 shares in the last quarter. Finally, Oak Point Wealth Management bought a new stake in Altria Group in the fourth quarter valued at approximately $120,000. Institutional investors and hedge funds own 62.54% of the company’s stock.

The company has a current ratio of 0.64, a quick ratio of 0.31 and a debt-to-equity ratio of 0.85. The company has a market cap of $121,590.73, a P/E ratio of 17.09, a P/E/G ratio of 1.86 and a beta of 0.62.

Altria Group (NYSE:MO) last issued its earnings results on Thursday, February 1st. The company reported $0.91 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $0.80 by $0.11. Altria Group had a net margin of 39.97% and a return on equity of 50.01%. The firm had revenue of $4.71 billion during the quarter, compared to the consensus estimate of $4.80 billion. During the same quarter in the prior year, the firm earned $0.68 earnings per share. The business’s quarterly revenue was down .4% on a year-over-year basis. equities analysts predict that Altria Group Inc will post 4.01 earnings per share for the current fiscal year.

The company also recently announced a quarterly dividend, which was paid on Tuesday, April 10th. Shareholders of record on Thursday, March 15th were paid a $0.70 dividend. This represents a $2.80 annualized dividend and a yield of 4.85%. The ex-dividend date was Wednesday, March 14th. This is an increase from Altria Group’s previous quarterly dividend of $0.66. Altria Group’s dividend payout ratio is presently 82.84%.

Altria Group announced that its Board of Directors has approved a stock buyback plan on Thursday, February 1st that permits the company to repurchase $1.00 billion in shares. This repurchase authorization permits the company to reacquire shares of its stock through open market purchases. Shares repurchase plans are usually a sign that the company’s board believes its shares are undervalued.

TRADEMARK VIOLATION NOTICE: This article was posted by StockNewsTimes and is the property of of StockNewsTimes. If you are reading this article on another site, it was illegally copied and republished in violation of U.S. and international copyright & trademark laws. The original version of this article can be viewed at https://stocknewstimes.com/2018/04/19/traders-buy-altria-group-mo-on-weakness-following-analyst-downgrade.html.

About Altria Group

Altria Group, Inc is a holding company. The Company’s segments include smokeable products, smokeless products and wine. The Company’s subsidiaries include Philip Morris USA Inc (PM USA), which is engaged in the manufacture and sale of cigarettes in the United States; John Middleton Co (Middleton), which is engaged in the manufacture and sale of machine-made cigars and pipe tobacco, and UST LLC (UST), which, through its subsidiaries, including U.S.

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Juniper Networks (NYSE:JNPR) Earning Somewhat Favorable Media Coverage, Report Finds

Media stories about Juniper Networks (NYSE:JNPR) have been trending somewhat positive this week, according to Accern Sentiment Analysis. The research group identifies positive and negative news coverage by reviewing more than 20 million news and blog sources. Accern ranks coverage of …

Juniper Networks logoMedia stories about Juniper Networks (NYSE:JNPR) have been trending somewhat positive this week, according to Accern Sentiment Analysis. The research group identifies positive and negative news coverage by reviewing more than 20 million news and blog sources. Accern ranks coverage of companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Juniper Networks earned a media sentiment score of 0.16 on Accern’s scale. Accern also assigned news articles about the network equipment provider an impact score of 47.5009242217131 out of 100, meaning that recent news coverage is somewhat unlikely to have an effect on the stock’s share price in the next few days.

Here are some of the news articles that may have impacted Accern Sentiment’s analysis:

How to Become a New Pot Stock Millionaire

Several analysts have recently issued reports on the stock. ValuEngine lowered shares of Juniper Networks from a “buy” rating to a “hold” rating in a research report on Wednesday, March 28th. Piper Jaffray reiterated a “neutral” rating and issued a $27.00 target price on shares of Juniper Networks in a research report on Wednesday, January 10th. Loop Capital dropped their target price on shares of Juniper Networks to $26.00 and set a “neutral” rating on the stock in a research report on Wednesday, January 31st. Robert W. Baird reiterated a “hold” rating and issued a $26.00 target price on shares of Juniper Networks in a research report on Wednesday, January 31st. Finally, Nomura decreased their price target on shares of Juniper Networks from $26.00 to $25.00 and set a “neutral” rating on the stock in a research note on Wednesday, January 31st. Four research analysts have rated the stock with a sell rating, eighteen have assigned a hold rating and nine have assigned a buy rating to the stock. The company presently has a consensus rating of “Hold” and a consensus price target of $28.41.

NYSE JNPR traded up $0.06 on Thursday, hitting $24.44. 4,309,116 shares of the stock were exchanged, compared to its average volume of 4,443,887. The company has a quick ratio of 2.41, a current ratio of 2.41 and a debt-to-equity ratio of 0.46. Juniper Networks has a fifty-two week low of $23.61 and a fifty-two week high of $30.96. The stock has a market capitalization of $8,734.86, a PE ratio of 14.16, a price-to-earnings-growth ratio of 2.96 and a beta of 0.96.

Juniper Networks (NYSE:JNPR) last posted its quarterly earnings results on Tuesday, January 30th. The network equipment provider reported $0.53 EPS for the quarter, topping the consensus estimate of $0.52 by $0.01. Juniper Networks had a net margin of 6.26% and a return on equity of 13.34%. The company had revenue of $1.24 billion during the quarter, compared to analysts’ expectations of $1.23 billion. During the same quarter in the previous year, the business posted $0.66 EPS. The firm’s revenue was down 10.5% on a year-over-year basis. equities research analysts expect that Juniper Networks will post 1.34 earnings per share for the current fiscal year.

Juniper Networks announced that its Board of Directors has authorized a stock repurchase program on Tuesday, January 30th that authorizes the company to buyback $2.00 billion in shares. This buyback authorization authorizes the network equipment provider to buy shares of its stock through open market purchases. Stock buyback programs are generally a sign that the company’s management believes its shares are undervalued.

The company also recently declared a quarterly dividend, which was paid on Thursday, March 22nd. Shareholders of record on Thursday, March 1st were issued a dividend of $0.18 per share. This represents a $0.72 annualized dividend and a yield of 2.95%. The ex-dividend date of this dividend was Wednesday, February 28th. This is a boost from Juniper Networks’s previous quarterly dividend of $0.10. Juniper Networks’s payout ratio is 41.62%.

In other news, EVP Vincent Molinaro sold 7,647 shares of the business’s stock in a transaction that occurred on Wednesday, February 21st. The shares were sold at an average price of $26.21, for a total transaction of $200,427.87. Following the completion of the sale, the executive vice president now owns 17,989 shares in the company, valued at approximately $471,491.69. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. Also, CEO Rami Rahim sold 5,300 shares of the business’s stock in a transaction that occurred on Monday, February 26th. The stock was sold at an average price of $26.24, for a total transaction of $139,072.00. The disclosure for this sale can be found here. Insiders have sold a total of 42,813 shares of company stock valued at $1,124,709 in the last 90 days. Insiders own 2.60% of the company’s stock.

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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.

Insider Buying and Selling by Quarter for Juniper Networks (NYSE:JNPR)

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