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Bbva Compass Bancshares Lowered Juniper Networks (JNPR) Stake by $763,152; Share Price Rose; Wellington Management Group Llp Has Upped Its Stake in Agree Realty (ADC) by $13.71 Million as Share Value Rose

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August 19, 2018 – By Tyler Harlow

Juniper Networks, Inc. (NYSE:JNPR) Logo

Wellington Management Group Llp increased its stake in Agree Realty Corp (ADC) by 109.06% based on its latest 2018Q1 regulatory filing with the SEC. Wellington Management Group Llp bought 285,559 shares as the company’s stock rose 9.38% while stock markets declined. The institutional investor held 547,398 shares of the real estate investment trusts company at the end of 2018Q1, valued at $26.30 million, up from 261,839 at the end of the previous reported quarter. Wellington Management Group Llp who had been investing in Agree Realty Corp for a number of months, seems to be bullish on the $1.74 billion market cap company. The stock increased 0.79% or $0.44 during the last trading session, reaching $55.89. About 91,257 shares traded. Agree Realty Corporation (NYSE:ADC) has risen 12.87% since August 19, 2017 and is uptrending. It has outperformed by 0.30% the S&P500. Some Historical ADC News: 13/03/2018 – LAUNCHED EQUITY OFFERINGS: ARI ADC BKI CTT HGV HMLP RPD; 23/04/2018 – AGREE REALTY – 2018 ACQUISITION VOLUME OUTLOOK REMAINS BETWEEN $250 MLN AND $300 MLN, DISPOSITION GUIDANCE REMAINS BETWEEN $25 MLN AND $50 MLN; 13/03/2018 – AGREE REALTY-TO USE PROCEEDS, IF ANY, IT RECEIVES UPON FUTURE SETTLEMENT OF FORWARD SALE AGREEMENT TO FUND PROPERTY ACQUISITIONS, DEVELOPMENT ACTIVITY; 15/05/2018 – Agree Realty Declares Increased Quarterly Cash Dividend; 23/04/2018 – Agree Realty 1Q EPS 53c; 15/05/2018 – Agree Realty Raises Dividend to 54c; 24/05/2018 – Agree Realty Short-Interest Ratio Rises 10% to 21 Days; 24/04/2018 – Agree Realty Short-Interest Ratio Rises 42% to 17 Days; 15/05/2018 – AGREE REALTY CORP ADC.N INCREASES QUARTERLY CASH DIVIDEND BY 3.8 PCT; 20/03/2018 – ADC: CLOSING OF EXERCISE OF UNDERWRITERS’ OPTION TO BUY SHRS

Bbva Compass Bancshares Inc decreased its stake in Juniper Networks Inc (JNPR) by 22.54% based on its latest 2018Q1 regulatory filing with the SEC. Bbva Compass Bancshares Inc sold 31,798 shares as the company’s stock rose 3.97% while stock markets declined. The institutional investor held 109,253 shares of the technology company at the end of 2018Q1, valued at $2.66 million, down from 141,051 at the end of the previous reported quarter. Bbva Compass Bancshares Inc who had been investing in Juniper Networks Inc for a number of months, seems to be less bullish one the $9.57B market cap company. The stock increased 1.61% or $0.44 during the last trading session, reaching $27.74. About 2.99 million shares traded. Juniper Networks, Inc. (NYSE:JNPR) has declined 7.51% since August 19, 2017 and is downtrending. It has underperformed by 20.08% the S&P500. Some Historical JNPR News: 04/04/2018 – Juniper Research: PayPal Heads Mobile Wallet Rankings as Users Forecast to Pass 2 Billion Next Year; 01/05/2018 – Dasher Technologies Appoints Al Chien as President and Former Juniper Networks Executive John Galatea as VP of Sales; 26/04/2018 – Jenny Glover Joins Juniper ParkTBWA as Executive Creative Director; 10/04/2018 – Juniper Research: Mixed Reality Apps to Exceed 9 billion by 2022, as Industry aims to Emulate Pokémon Go’s Success; 12/04/2018 – Pulse Secure Launches vADC Products for Microsoft Azure; 24/04/2018 – Juniper Research: Digital Therapeutics Adoption to Soar, Treating 130 Million Sufferers of Chronic Conditions by 2023; 23/03/2018 – Juniper Networks: Names Manoj Leelanivas as Executive Vice Pres, Chief Pdt Officer; 10/04/2018 – Juniper Research: Mixed Reality Apps to Exceed 9 billion by 2022, as Industry aims to Emulate Pokémon Go’s Success; 17/05/2018 – Culture In Tech: Shifts At VMWare And Juniper Signal Diverging Paths; Investigation At Symantec Highlights Importance Of Compliance Culture; 18/04/2018 – Juniper Closes Below 50-Day Moving Average: Technicals

More recent Agree Realty Corporation (NYSE:ADC) news were published by: Seekingalpha.com which released: “Agree Realty: The Smaller Version Of Realty Income” on August 07, 2018. Also Nasdaq.com published the news titled: “New Research Coverage Highlights Electronic Arts, Agree Realty, Dana, Southwest Airlines, Boston Properties, and …” on August 06, 2018. Seekingalpha.com‘s news article titled: “Agree Realty Corporation’s (ADC) CEO Joey Agree on Q2 2018 Results – Earnings Call Transcript” with publication date: July 24, 2018 was also an interesting one.

Among 13 analysts covering Agree Realty Corp (NYSE:ADC), 10 have Buy rating, 0 Sell and 3 Hold. Therefore 77% are positive. Agree Realty Corp had 39 analyst reports since October 28, 2015 according to SRatingsIntel. The rating was maintained by Wunderlich on Friday, May 6 with “Buy”. FBR Capital maintained the stock with “Buy” rating in Monday, September 18 report. FBR Capital maintained Agree Realty Corporation (NYSE:ADC) rating on Friday, February 23. FBR Capital has “Buy” rating and $58.0 target. The stock has “Buy” rating by Ladenburg on Tuesday, October 24. Stifel Nicolaus maintained the shares of ADC in report on Wednesday, September 20 with “Buy” rating. On Monday, February 27 the stock rating was downgraded by Wunderlich to “Hold”. The rating was initiated by Citigroup on Thursday, December 22 with “Neutral”. The company was maintained on Monday, October 23 by SunTrust. Jefferies maintained Agree Realty Corporation (NYSE:ADC) on Tuesday, May 31 with “Buy” rating. The rating was downgraded by Jefferies on Thursday, January 5 to “Hold”.

Investors sentiment increased to 1.97 in Q1 2018. Its up 0.43, from 1.54 in 2017Q4. It increased, as 9 investors sold ADC shares while 50 reduced holdings. 39 funds opened positions while 77 raised stakes. 28.74 million shares or 8.63% more from 26.46 million shares in 2017Q4 were reported. Moreover, State Of New Jersey Common Pension Fund D has 0.08% invested in Agree Realty Corporation (NYSE:ADC). Eagle Asset Mngmt Inc holds 0.08% or 309,039 shares in its portfolio. Manufacturers Life Ins The has 0% invested in Agree Realty Corporation (NYSE:ADC) for 20,253 shares. Earnest Prtnrs Limited Liability Corp, a Georgia-based fund reported 1,200 shares. Signaturefd Ltd Liability Com holds 48 shares. Moreover, Norris Perne & French Limited Liability Partnership Mi has 0.03% invested in Agree Realty Corporation (NYSE:ADC) for 4,900 shares. Louisiana State Employees Retirement Sys accumulated 13,700 shares. United Kingdom-based Barclays Public Ltd has invested 0% in Agree Realty Corporation (NYSE:ADC). Macquarie Grp Incorporated Ltd accumulated 7,200 shares. Texas Yale Cap, a Florida-based fund reported 15,800 shares. Vanguard Gru holds 0.01% or 3.45 million shares. Daiwa Sb Invests Ltd has 330 shares. Zurcher Kantonalbank (Zurich Cantonalbank) owns 3,083 shares or 0% of their US portfolio. Highbridge Capital Mngmt Ltd Llc reported 64,000 shares. Ubs Asset Americas Inc owns 69,729 shares for 0% of their portfolio.

Wellington Management Group Llp, which manages about $441.92 billion US Long portfolio, decreased its stake in Kala Pharmaceuticals Inc by 866,632 shares to 2.57 million shares, valued at $40.63M in 2018Q1, according to the filing. It also reduced its holding in Mercantile Bank Corp (NASDAQ:MBWM) by 23,921 shares in the quarter, leaving it with 237,108 shares, and cut its stake in Texas Instrs Inc (NASDAQ:TXN).

Since February 28, 2018, it had 3 insider purchases, and 0 insider sales for $1.07 million activity.

Investors sentiment increased to 0.89 in Q1 2018. Its up 0.05, from 0.84 in 2017Q4. It increased, as 44 investors sold JNPR shares while 142 reduced holdings. 45 funds opened positions while 121 raised stakes. 311.33 million shares or 1.03% less from 314.57 million shares in 2017Q4 were reported. Asset Mgmt Inc reported 22,490 shares. Community National Bank & Trust Na reported 640 shares. Menta Limited Co holds 0.06% of its portfolio in Juniper Networks, Inc. (NYSE:JNPR) for 11,174 shares. Commonwealth Comml Bank Of Australia holds 0.03% of its portfolio in Juniper Networks, Inc. (NYSE:JNPR) for 114,855 shares. 2.13M are owned by Ubs Asset Americas. Citadel Advisors Ltd Liability Corporation reported 142,781 shares stake. The New York-based Bnp Paribas Arbitrage has invested 0% in Juniper Networks, Inc. (NYSE:JNPR). Oppenheimer Asset Mgmt accumulated 48,138 shares or 0.03% of the stock. Dreman Value Mngmt L L C holds 0.17% or 15,502 shares. Invesco Limited holds 0.07% of its portfolio in Juniper Networks, Inc. (NYSE:JNPR) for 7.55 million shares. Renaissance Technology Ltd Limited Liability Company, New York-based fund reported 1.95 million shares. Huntington Bank reported 510 shares stake. Westpac Bk Corp stated it has 0% in Juniper Networks, Inc. (NYSE:JNPR). Diamond Hill Mgmt invested in 0.88% or 7.10M shares. Comml Bank Of New York Mellon has 7.15M shares.

Analysts await Juniper Networks, Inc. (NYSE:JNPR) to report earnings on October, 23. They expect $0.31 earnings per share, down 34.04% or $0.16 from last year’s $0.47 per share. JNPR’s profit will be $106.89M for 22.37 P/E if the $0.31 EPS becomes a reality. After $0.34 actual earnings per share reported by Juniper Networks, Inc. for the previous quarter, Wall Street now forecasts -8.82% negative EPS growth.

Bbva Compass Bancshares Inc, which manages about $1.55B US Long portfolio, upped its stake in Sumitomo Mitsui Financial Adr (NYSE:SMFG) by 47,255 shares to 315,884 shares, valued at $2.69M in 2018Q1, according to the filing. It also increased its holding in Starbucks Corp (NASDAQ:SBUX) by 5,867 shares in the quarter, for a total of 24,629 shares, and has risen its stake in Vanguard Total Bond Market Ind (BND).

Among 36 analysts covering Juniper Networks Inc. (NYSE:JNPR), 8 have Buy rating, 8 Sell and 20 Hold. Therefore 22% are positive. Juniper Networks Inc. had 105 analyst reports since July 24, 2015 according to SRatingsIntel. Robert W. Baird maintained Juniper Networks, Inc. (NYSE:JNPR) rating on Wednesday, July 26. Robert W. Baird has “Hold” rating and $3000 target. The firm has “Neutral” rating given on Thursday, October 12 by Instinet. As per Tuesday, November 1, the company rating was downgraded by Morgan Stanley. Robert W. Baird maintained the stock with “Neutral” rating in Wednesday, October 25 report. Deutsche Bank maintained Juniper Networks, Inc. (NYSE:JNPR) on Friday, January 5 with “Sell” rating. Nomura maintained Juniper Networks, Inc. (NYSE:JNPR) rating on Wednesday, June 27. Nomura has “Neutral” rating and $28 target. The stock has “Equal-Weight” rating by Barclays Capital on Wednesday, October 25. The company was maintained on Wednesday, July 26 by Drexel Hamilton. Jefferies maintained the shares of JNPR in report on Wednesday, October 25 with “Hold” rating. The stock of Juniper Networks, Inc. (NYSE:JNPR) has “Neutral” rating given on Wednesday, October 25 by Bank of America.

Agree Realty Corporation (NYSE:ADC) Institutional Positions Chart

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