Juniper Networks, Inc. (NYSE:JNPR) Shares Sold by Choreo LLC

Choreo LLC trimmed its holdings in shares of Juniper Networks, Inc. (NYSE:JNPR) by 35.3% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 11,766 shares of the network equipment provider’s stock after selling 6,424 shares during the period. Choreo LLC’s holdings in Juniper Networks were worth $440,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors also recently modified their holdings of JNPR. Oddo BHF Asset Management Sas bought a new stake in Juniper Networks during the third quarter valued at about $25,337,000. Twin Securities Inc. increased its holdings in shares of Juniper Networks by 760.3% during the third quarter. Twin Securities Inc. now owns 678,257 shares of the network equipment provider’s stock worth $26,438,000 after buying an additional 599,420 shares in the last quarter. State Street Corp grew its holdings in shares of Juniper Networks by 3.8% during the third quarter. State Street Corp now owns 15,758,844 shares of the network equipment provider’s stock worth $614,280,000 after purchasing an additional 574,418 shares during the last quarter. Healthcare of Ontario Pension Plan Trust Fund grew its stake in shares of Juniper Networks by 172,681.3% during the third quarter. Healthcare of Ontario Pension Plan Trust Fund now owns 552,900 shares of the network equipment provider’s stock valued at $21,552,000 after purchasing an additional 552,580 shares during the last quarter. Finally, Mizuho Securities USA LLC lifted its stake in shares of Juniper Networks by 1,885.0% during the third quarter. Mizuho Securities USA LLC now owns 497,430 shares of the network equipment provider’s stock valued at $19,390,000 after acquiring an additional 472,370 shares during the period. Institutional investors and hedge funds own 91.95% of the company’s stock.

Juniper Networks Price Performance

Juniper Networks stock opened at $36.35 on Thursday. The company has a market capitalization of $12.04 billion, a price-to-earnings ratio of 42.27, a PEG ratio of 7.95 and a beta of 0.87. The stock’s 50 day moving average is $37.31 and its 200-day moving average is $37.97. The company has a current ratio of 1.46, a quick ratio of 1.30 and a debt-to-equity ratio of 0.25. Juniper Networks, Inc. has a 12 month low of $33.72 and a 12 month high of $39.79.

Juniper Networks (NYSE:JNPR) last announced its earnings results on Tuesday, February 4th. The network equipment provider reported $0.45 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.58 by ($0.13). Juniper Networks had a net margin of 5.67% and a return on equity of 7.57%. Equities research analysts expect that Juniper Networks, Inc. will post 1.27 EPS for the current year.

Juniper Networks Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Monday, March 24th. Stockholders of record on Monday, March 3rd will be given a $0.22 dividend. The ex-dividend date of this dividend is Monday, March 3rd. This represents a $0.88 dividend on an annualized basis and a dividend yield of 2.42%. Juniper Networks’s payout ratio is 102.33%.

Wall Street Analyst Weigh In

JNPR has been the subject of a number of analyst reports. Barclays lifted their price objective on Juniper Networks from $37.00 to $39.00 and gave the stock an “equal weight” rating in a research note on Wednesday, February 5th. Evercore ISI upgraded Juniper Networks from an “in-line” rating to an “outperform” rating and set a $40.00 target price on the stock in a research note on Tuesday, February 4th. Argus downgraded Juniper Networks from a “buy” rating to a “hold” rating in a research report on Friday, February 7th. Rosenblatt Securities reaffirmed a “neutral” rating and set a $40.00 price target on shares of Juniper Networks in a research report on Friday, November 1st. Finally, StockNews.com raised shares of Juniper Networks from a “buy” rating to a “strong-buy” rating in a report on Saturday, February 8th. Five equities research analysts have rated the stock with a hold rating, one has given a buy rating and one has issued a strong buy rating to the company. According to data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and an average price target of $39.80.

About Juniper Networks

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.