Venturi Wealth Management LLC Sells 307 Shares of Juniper Networks, Inc. (NYSE:JNPR)

Venturi Wealth Management LLC decreased its stake in Juniper Networks, Inc. (NYSE:JNPR) by 25.8% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 881 shares of the network equipment provider’s stock after selling 307 shares during the quarter. Venturi Wealth Management LLC’s holdings in Juniper Networks were worth $33,000 as of its most recent SEC filing.

A number of other institutional investors have also added to or reduced their stakes in the stock. Sentry Investment Management LLC bought a new stake in shares of Juniper Networks during the third quarter valued at approximately $61,000. Longfellow Investment Management Co. LLC lifted its holdings in Juniper Networks by 84.7% during the third quarter. Longfellow Investment Management Co. LLC now owns 1,830 shares of the network equipment provider’s stock valued at $71,000 after purchasing an additional 839 shares in the last quarter. Brooklyn Investment Group purchased a new stake in Juniper Networks during the 3rd quarter valued at about $76,000. Quarry LP increased its position in Juniper Networks by 89.0% during the third quarter. Quarry LP now owns 2,922 shares of the network equipment provider’s stock worth $114,000 after purchasing an additional 1,376 shares during the last quarter. Finally, Harbor Capital Advisors Inc. boosted its holdings in Juniper Networks by 12.6% during 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 period. 91.95% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

Several research firms have commented on JNPR. Rosenblatt Securities reaffirmed a “neutral” rating and set a $40.00 price objective on shares of Juniper Networks in a research note on Friday, November 1st. Barclays raised their price objective on Juniper Networks from $37.00 to $39.00 and gave the company an “equal weight” rating in a research report on Wednesday, February 5th. StockNews.com raised shares of Juniper Networks from a “buy” rating to a “strong-buy” rating in a research report on Tuesday, February 18th. Argus cut shares of Juniper Networks from a “buy” rating to a “hold” rating in a report on Friday, February 7th. Finally, Evercore ISI upgraded shares of Juniper Networks from an “in-line” rating to an “outperform” rating and set a $40.00 target price on the stock in a report on Tuesday, February 4th. Five research analysts have rated the stock with a hold rating, one has issued a buy rating and one has assigned a strong buy rating to the stock. According to MarketBeat, Juniper Networks has a consensus rating of “Hold” and a consensus target price of $39.80.

Juniper Networks Stock Performance

Shares of JNPR stock opened at $36.06 on Wednesday. The company has a market capitalization of $11.94 billion, a price-to-earnings ratio of 41.92, a PEG ratio of 2.20 and a beta of 0.87. 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 company has a 50-day simple moving average of $37.13 and a 200 day simple moving average of $37.85. Juniper Networks, Inc. has a 52 week low of $33.72 and a 52 week high of $39.79.

Juniper Networks (NYSE:JNPR) last issued its quarterly earnings data on Tuesday, February 4th. The network equipment provider reported $0.45 earnings per share for the quarter, missing the consensus estimate of $0.58 by ($0.13). Juniper Networks had a return on equity of 7.57% and a net margin of 5.67%. On average, sell-side analysts predict that Juniper Networks, Inc. will post 1.33 earnings per share for the current year.

Juniper Networks Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Monday, March 24th. Stockholders of record on Monday, March 3rd will be issued a $0.22 dividend. The ex-dividend date is Monday, March 3rd. This represents a $0.88 dividend on an annualized basis and a dividend yield of 2.44%. Juniper Networks’s dividend payout ratio (DPR) is currently 102.33%.

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.