Cwm LLC Boosts Position in Juniper Networks, Inc. (NYSE:JNPR)

Cwm LLC increased its holdings in Juniper Networks, Inc. (NYSE:JNPR) by 22.1% in the first quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 4,423 shares of the network equipment provider’s stock after acquiring an additional 802 shares during the quarter. Cwm LLC’s holdings in Juniper Networks were worth $164,000 as of its most recent filing with the Securities & Exchange Commission.

Other large investors have also added to or reduced their stakes in the company. GAMMA Investing LLC bought a new position in shares of Juniper Networks in the 4th quarter worth about $28,000. Hartford Financial Management Inc. lifted its holdings in shares of Juniper Networks by 51.3% during the fourth quarter. Hartford Financial Management Inc. now owns 973 shares of the network equipment provider’s stock valued at $29,000 after purchasing an additional 330 shares during the last quarter. Johnson Financial Group Inc. bought a new stake in shares of Juniper Networks in the 4th quarter worth approximately $35,000. Blue Trust Inc. grew its stake in shares of Juniper Networks by 34.4% in the 4th quarter. Blue Trust Inc. now owns 1,439 shares of the network equipment provider’s stock worth $40,000 after buying an additional 368 shares during the last quarter. Finally, Lindbrook Capital LLC increased its position in Juniper Networks by 90.9% during the 4th quarter. Lindbrook Capital LLC now owns 1,531 shares of the network equipment provider’s stock valued at $45,000 after buying an additional 729 shares in the last quarter. Institutional investors own 91.95% of the company’s stock.

Juniper Networks Price Performance

NYSE JNPR opened at $35.69 on Monday. The company has a 50-day moving average price of $35.18 and a 200-day moving average price of $35.18. Juniper Networks, Inc. has a 52 week low of $24.87 and a 52 week high of $38.04. The company has a quick ratio of 1.27, a current ratio of 1.74 and a debt-to-equity ratio of 0.36. The firm has a market capitalization of $11.60 billion, a P/E ratio of 51.73, a PEG ratio of 9.23 and a beta of 0.96.

Juniper Networks (NYSE:JNPR) last released its quarterly earnings results on Thursday, April 25th. The network equipment provider reported $0.09 earnings per share for the quarter, missing the consensus estimate of $0.18 by ($0.09). Juniper Networks had a return on equity of 10.02% and a net margin of 4.19%. The business had revenue of $1.15 billion during the quarter, compared to the consensus estimate of $1.23 billion. Equities research analysts anticipate that Juniper Networks, Inc. will post 1.08 earnings per share for the current year.

Juniper Networks Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Monday, June 24th. Shareholders of record on Monday, June 3rd will be given a $0.22 dividend. This represents a $0.88 dividend on an annualized basis and a yield of 2.47%. The ex-dividend date is Monday, June 3rd. Juniper Networks’s payout ratio is 127.54%.

Insider Transactions at Juniper Networks

In related news, CFO Kenneth Bradley Miller sold 15,000 shares of the business’s stock in a transaction that occurred on Wednesday, May 15th. The stock was sold at an average price of $34.47, for a total transaction of $517,050.00. Following the completion of the transaction, the chief financial officer now directly owns 69,435 shares in the company, valued at approximately $2,393,424.45. The sale was disclosed in a filing with the SEC, which is available at this hyperlink. In other news, CFO Kenneth Bradley Miller sold 15,000 shares of the firm’s stock in a transaction on Wednesday, May 15th. The shares were sold at an average price of $34.47, for a total transaction of $517,050.00. Following the sale, the chief financial officer now directly owns 69,435 shares in the company, valued at approximately $2,393,424.45. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CEO Rami Rahim sold 5,555 shares of the company’s stock in a transaction on Wednesday, April 3rd. The stock was sold at an average price of $37.04, for a total transaction of $205,757.20. Following the completion of the transaction, the chief executive officer now directly owns 1,014,539 shares of the company’s stock, valued at approximately $37,578,524.56. The disclosure for this sale can be found here. Insiders have sold 48,330 shares of company stock valued at $1,708,320 over the last quarter. 1.28% of the stock is currently owned by company insiders.

Analyst Ratings Changes

A number of equities research analysts have recently commented on the company. StockNews.com initiated coverage on Juniper Networks in a research note on Thursday. They issued a “hold” rating on the stock. Argus raised shares of Juniper Networks from a “hold” rating to a “buy” rating and set a $40.00 target price for the company in a report on Tuesday, June 18th. Barclays increased their price target on shares of Juniper Networks from $40.00 to $41.00 and gave the company an “equal weight” rating in a report on Friday, April 26th. Finally, Needham & Company LLC restated a “hold” rating on shares of Juniper Networks in a report on Friday, April 26th. Eleven investment analysts have rated the stock with a hold rating and three have given a buy rating to the company. According to data from MarketBeat.com, the company currently has a consensus rating of “Hold” and a consensus price target of $35.00.

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.