Jones Financial Companies Lllp Has $99,000 Position in Juniper Networks, Inc. (NYSE:JNPR)

Jones Financial Companies Lllp increased its stake in Juniper Networks, Inc. (NYSE:JNPR) by 32.0% in the 4th quarter, according to the company in its most recent filing with the SEC. The fund owned 2,654 shares of the network equipment provider’s stock after purchasing an additional 643 shares during the quarter. Jones Financial Companies Lllp’s holdings in Juniper Networks were worth $99,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in JNPR. Sumitomo Mitsui Trust Group Inc. lifted its holdings in Juniper Networks by 1.3% in the 3rd quarter. Sumitomo Mitsui Trust Group Inc. now owns 883,057 shares of the network equipment provider’s stock worth $34,422,000 after purchasing an additional 11,687 shares during the last quarter. CIBC Asset Management Inc lifted its holdings in shares of Juniper Networks by 8.0% during the third quarter. CIBC Asset Management Inc now owns 55,936 shares of the network equipment provider’s stock worth $2,180,000 after buying an additional 4,143 shares during the last quarter. Natixis Advisors LLC lifted its holdings in shares of Juniper Networks by 38.6% during the third quarter. Natixis Advisors LLC now owns 27,799 shares of the network equipment provider’s stock worth $1,084,000 after buying an additional 7,745 shares during the last quarter. Sather Financial Group Inc lifted its holdings in shares of Juniper Networks by 17.6% during the third quarter. Sather Financial Group Inc now owns 259,786 shares of the network equipment provider’s stock worth $10,126,000 after buying an additional 38,936 shares during the last quarter. Finally, Swiss National Bank lifted its holdings in shares of Juniper Networks by 0.4% during the third quarter. Swiss National Bank now owns 964,400 shares of the network equipment provider’s stock worth $37,592,000 after buying an additional 3,900 shares during the last quarter. 91.95% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling at Juniper Networks

In other Juniper Networks news, COO Manoj Leelanivas sold 30,978 shares of the company’s stock in a transaction on Wednesday, February 26th. The stock was sold at an average price of $36.02, for a total value of $1,115,827.56. Following the sale, the chief operating officer now directly owns 94,771 shares in the company, valued at $3,413,651.42. This represents a 24.63 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. Company insiders own 1.28% of the company’s stock.

Analysts Set New Price Targets

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

Juniper Networks Stock Performance

JNPR opened at $35.71 on Monday. The stock has a market cap of $11.90 billion, a PE ratio of 41.52, a P/E/G ratio of 2.20 and a beta of 0.86. The company has a current ratio of 1.46, a quick ratio of 1.14 and a debt-to-equity ratio of 0.25. Juniper Networks, Inc. has a 1 year low of $33.72 and a 1 year high of $39.79. The stock’s 50 day simple moving average is $36.72 and its 200-day simple moving average is $37.58.

Juniper Networks (NYSE:JNPR) last released its quarterly earnings data 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%. Sell-side analysts forecast that Juniper Networks, Inc. will post 1.33 EPS for the current year.

Juniper Networks Announces Dividend

The business 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 $0.22 dividend. This represents a $0.88 dividend on an annualized basis and a yield of 2.46%. The ex-dividend date of this dividend is Monday, March 3rd. Juniper Networks’s dividend payout ratio (DPR) is 102.33%.

Juniper Networks 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.