Juniper Networks, Inc. (NYSE:JNPR) Shares Bought by Steward Partners Investment Advisory LLC

Steward Partners Investment Advisory LLC boosted its position in shares of Juniper Networks, Inc. (NYSE:JNPR) by 19.7% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 4,778 shares of the network equipment provider’s stock after buying an additional 787 shares during the period. Steward Partners Investment Advisory LLC’s holdings in Juniper Networks were worth $179,000 as of its most recent SEC filing.

Several other institutional investors also recently added to or reduced their stakes in JNPR. Venturi Wealth Management LLC boosted its stake in shares of Juniper Networks by 60.3% in the third quarter. Venturi Wealth Management LLC now owns 1,188 shares of the network equipment provider’s stock valued at $46,000 after buying an additional 447 shares in the last quarter. Sumitomo Mitsui Trust Group Inc. raised its holdings in shares of Juniper Networks by 1.3% in the third quarter. Sumitomo Mitsui Trust Group Inc. now owns 883,057 shares of the network equipment provider’s stock worth $34,422,000 after acquiring an additional 11,687 shares during the last quarter. Metis Global Partners LLC raised its holdings in shares of Juniper Networks by 7.2% in the third quarter. Metis Global Partners LLC now owns 49,860 shares of the network equipment provider’s stock worth $1,944,000 after acquiring an additional 3,335 shares during the last quarter. CIBC Asset Management Inc raised its holdings in shares of Juniper Networks by 8.0% in the third quarter. CIBC Asset Management Inc now owns 55,936 shares of the network equipment provider’s stock worth $2,180,000 after acquiring an additional 4,143 shares during the last quarter. Finally, Mizuho Securities USA LLC raised its holdings in shares of Juniper Networks by 1,885.0% in the third quarter. Mizuho Securities USA LLC now owns 497,430 shares of the network equipment provider’s stock worth $19,390,000 after acquiring an additional 472,370 shares during the last quarter. Institutional investors and hedge funds own 91.95% of the company’s stock.

Analyst Ratings Changes

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

Insider Transactions at Juniper Networks

In related news, COO Manoj Leelanivas sold 30,978 shares of the stock in a transaction on Wednesday, February 26th. The stock was sold at an average price of $36.02, for a total transaction of $1,115,827.56. Following the completion of the sale, the chief operating officer now directly owns 94,771 shares in the company, valued at approximately $3,413,651.42. This trade represents a 24.63 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Corporate insiders own 1.28% of the company’s stock.

Juniper Networks Stock Up 0.4 %

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

Juniper Networks (NYSE:JNPR) last posted its earnings results on Tuesday, February 4th. The network equipment provider reported $0.45 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 research analysts forecast that Juniper Networks, Inc. will post 1.33 earnings per share for the current year.

Juniper Networks Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Monday, March 24th. Stockholders of record on Monday, March 3rd will be paid a dividend of $0.22 per share. This represents a $0.88 annualized dividend and a dividend yield of 2.46%. The ex-dividend date is Monday, March 3rd. Juniper Networks’s dividend payout ratio is presently 102.33%.

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.