Allspring Global Investments Holdings LLC Has $550,000 Holdings in Juniper Networks, Inc. (NYSE:JNPR)

Allspring Global Investments Holdings LLC cut its holdings in shares of Juniper Networks, Inc. (NYSE:JNPR) by 3.6% during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 14,565 shares of the network equipment provider’s stock after selling 545 shares during the period. Allspring Global Investments Holdings LLC’s holdings in Juniper Networks were worth $550,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors also recently added to or reduced their stakes in JNPR. Venturi Wealth Management LLC increased its stake in shares of 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 acquiring an additional 447 shares during the last quarter. Gould Capital LLC increased its stake in shares of Juniper Networks by 1.9% in the 3rd quarter. Gould Capital LLC now owns 29,298 shares of the network equipment provider’s stock valued at $1,142,000 after acquiring an additional 534 shares during the last quarter. Harbor Capital Advisors Inc. increased its stake in shares of Juniper Networks by 12.6% in the 4th quarter. Harbor Capital Advisors Inc. now owns 4,913 shares of the network equipment provider’s stock valued at $184,000 after acquiring an additional 549 shares during the last quarter. Hilltop Holdings Inc. increased its stake in shares of Juniper Networks by 1.2% in the 3rd quarter. Hilltop Holdings Inc. now owns 47,639 shares of the network equipment provider’s stock valued at $1,857,000 after acquiring an additional 580 shares during the last quarter. Finally, Van ECK Associates Corp increased its stake in shares of Juniper Networks by 6.0% in the 3rd quarter. Van ECK Associates Corp now owns 10,447 shares of the network equipment provider’s stock valued at $409,000 after acquiring an additional 595 shares during the last quarter. 91.95% of the stock is currently owned by institutional investors and hedge funds.

Juniper Networks Price Performance

NYSE JNPR opened at $35.96 on Tuesday. The business has a 50 day simple moving average of $37.17 and a 200 day simple moving average of $37.87. Juniper Networks, Inc. has a 52-week low of $33.72 and a 52-week high of $39.79. The company has a debt-to-equity ratio of 0.25, a quick ratio of 1.14 and a current ratio of 1.46. The stock has a market cap of $11.90 billion, a price-to-earnings ratio of 41.81, a PEG ratio of 2.20 and a beta of 0.87.

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

Juniper Networks Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Monday, March 24th. Shareholders of record on Monday, March 3rd will be given a dividend of $0.22 per share. This represents a $0.88 dividend on an annualized basis and a yield of 2.45%. The ex-dividend date of this dividend is Monday, March 3rd. Juniper Networks’s dividend payout ratio (DPR) is currently 102.33%.

Analyst Ratings Changes

A number of brokerages have recently commented on JNPR. Evercore ISI raised Juniper Networks from an “in-line” rating to an “outperform” rating and set a $40.00 price target for the company in a research note on Tuesday, February 4th. StockNews.com raised Juniper Networks from a “buy” rating to a “strong-buy” rating in a research note on Tuesday, February 18th. Rosenblatt Securities reaffirmed a “neutral” rating and issued a $40.00 price target on shares of Juniper Networks in a research note on Friday, November 1st. Barclays increased their target price 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. Finally, Argus cut Juniper Networks from a “buy” rating to a “hold” rating in a research note on Friday, February 7th. Five investment analysts have rated the stock with a hold rating, one has assigned a buy rating and one has given a strong buy rating to the company. Based on data from MarketBeat.com, the company currently has a consensus rating of “Hold” and an average price target of $39.80.

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.