Tredje AP fonden Lowers Stock Position in Juniper Networks, Inc. (NYSE:JNPR)

Tredje AP fonden reduced its position in Juniper Networks, Inc. (NYSE:JNPR) by 50.0% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 25,046 shares of the network equipment provider’s stock after selling 25,046 shares during the quarter. Tredje AP fonden’s holdings in Juniper Networks were worth $938,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in JNPR. Hollencrest Capital Management purchased a new stake in Juniper Networks during the fourth quarter worth approximately $38,000. EverSource Wealth Advisors LLC boosted its position in Juniper Networks by 47.8% during the 4th quarter. EverSource Wealth Advisors LLC now owns 1,123 shares of the network equipment provider’s stock worth $42,000 after purchasing an additional 363 shares during the period. Venturi Wealth Management LLC increased its holdings in Juniper Networks by 60.3% in the 3rd quarter. Venturi Wealth Management LLC now owns 1,188 shares of the network equipment provider’s stock valued at $46,000 after purchasing an additional 447 shares in the last quarter. Larson Financial Group LLC raised its position in Juniper Networks by 139.5% in the fourth quarter. Larson Financial Group LLC now owns 1,794 shares of the network equipment provider’s stock valued at $67,000 after purchasing an additional 1,045 shares during the period. Finally, Longfellow Investment Management Co. LLC lifted its stake in shares of Juniper Networks by 84.7% during the third quarter. Longfellow Investment Management Co. LLC now owns 1,830 shares of the network equipment provider’s stock worth $71,000 after purchasing an additional 839 shares in the last quarter. Institutional investors and hedge funds own 91.95% of the company’s stock.

Insider Transactions at Juniper Networks

In other Juniper Networks news, COO Manoj Leelanivas sold 30,978 shares of the firm’s stock in a transaction dated Wednesday, February 26th. The shares were sold at an average price of $36.02, for a total transaction of $1,115,827.56. Following the transaction, the chief operating officer now owns 94,771 shares of the company’s stock, valued at approximately $3,413,651.42. This trade represents a 24.63 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Insiders own 1.28% of the company’s stock.

Analyst Ratings Changes

Several analysts have issued reports on JNPR shares. Argus downgraded shares of Juniper Networks from a “buy” rating to a “hold” rating in a research report on Friday, February 7th. StockNews.com downgraded shares of Juniper Networks from a “strong-buy” rating to a “buy” rating in a research note on Monday, March 3rd. Evercore ISI raised shares of Juniper Networks from an “in-line” rating to an “outperform” rating and set a $40.00 price objective for the company in a research report on Tuesday, February 4th. Finally, Barclays lifted their target price on Juniper Networks from $37.00 to $39.00 and gave the stock an “equal weight” rating in a research report on Wednesday, February 5th. Five equities research analysts have rated the stock with a hold rating and two have issued a buy rating to the stock. Based on data from MarketBeat, the company currently has an average rating of “Hold” and a consensus price target of $39.80.

Juniper Networks Stock Performance

Shares of Juniper Networks stock opened at $35.71 on Friday. The company has a debt-to-equity ratio of 0.25, a quick ratio of 1.14 and a current ratio of 1.46. Juniper Networks, Inc. has a 1 year low of $33.72 and a 1 year high of $39.79. The firm’s 50-day simple moving average is $36.72 and its 200-day simple moving average is $37.59. The firm has a market cap of $11.90 billion, a PE ratio of 41.52, a price-to-earnings-growth ratio of 2.20 and a beta of 0.86.

Juniper Networks (NYSE:JNPR) last announced its quarterly earnings data on Tuesday, February 4th. The network equipment provider reported $0.45 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.58 by ($0.13). Juniper Networks had a net margin of 5.67% and a return on equity of 7.57%. Equities analysts forecast that Juniper Networks, Inc. will post 1.33 earnings per share for the current fiscal year.

Juniper Networks Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Monday, March 24th. Shareholders of record on Monday, March 3rd will be issued a dividend of $0.22 per share. The ex-dividend date is Monday, March 3rd. This represents a $0.88 dividend on an annualized basis and a dividend yield of 2.46%. Juniper Networks’s dividend payout ratio (DPR) is 102.33%.

Juniper Networks Company Profile

Juniper Networks, Inc designs, develops, and sells network products and services worldwide. The company offers routing products, such as ACX series universal access routers to deploy high-bandwidth services; MX series Ethernet routers that function as a universal edge platform; PTX series packet transport routers; wide-area network SDN controllers; and session smart routers.