Corient Private Wealth LLC Sells 10,485 Shares of Juniper Networks, Inc. (NYSE:JNPR)

Corient Private Wealth LLC trimmed its stake in Juniper Networks, Inc. (NYSE:JNPR - Free Report) by 25.2% in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 31,045 shares of the network equipment provider's stock after selling 10,485 shares during the period. Corient Private Wealth LLC's holdings in Juniper Networks were worth $1,163,000 at the end of the most recent reporting period.

A number of other institutional investors also recently bought and sold shares of the stock. Hollencrest Capital Management bought a new position in shares of Juniper Networks during the 4th quarter worth approximately $38,000. EverSource Wealth Advisors LLC lifted its position in Juniper Networks by 47.8% during the fourth quarter. EverSource Wealth Advisors LLC now owns 1,123 shares of the network equipment provider's stock valued at $42,000 after purchasing an additional 363 shares during the period. Larson Financial Group LLC boosted its stake in shares of Juniper Networks by 139.5% in the fourth quarter. Larson Financial Group LLC now owns 1,794 shares of the network equipment provider's stock worth $67,000 after buying an additional 1,045 shares during the last quarter. Brooklyn Investment Group acquired a new stake in shares of Juniper Networks during the 3rd quarter worth approximately $76,000. Finally, Smartleaf Asset Management LLC increased its holdings in Juniper Networks by 41.5% in the fourth quarter. Smartleaf Asset Management LLC now owns 2,099 shares of the network equipment provider's stock valued at $78,000 after buying an additional 616 shares in the last quarter. 91.95% of the stock is currently owned by institutional investors.

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Juniper Networks Trading Down 0.2 %

NYSE:JNPR traded down $0.06 during trading hours on Friday, reaching $36.10. 1,140,769 shares of the company were exchanged, compared to its average volume of 3,296,427. Juniper Networks, Inc. has a 52-week low of $33.72 and a 52-week high of $39.79. The firm has a market cap of $12.03 billion, a price-to-earnings ratio of 41.97, a PEG ratio of 2.20 and a beta of 0.86. The company has a debt-to-equity ratio of 0.25, a current ratio of 1.46 and a quick ratio of 1.14. The stock has a 50 day simple moving average of $36.26 and a 200 day simple moving average of $37.40.

Juniper Networks (NYSE:JNPR - Get Free Report) last issued its quarterly earnings results on Tuesday, February 4th. The network equipment provider reported $0.45 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%. As a group, analysts predict that Juniper Networks, Inc. will post 1.33 EPS for the current year.

Juniper Networks Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Monday, March 24th. Shareholders of record on Monday, March 3rd were paid a dividend of $0.22 per share. This represents a $0.88 dividend on an annualized basis and a yield of 2.44%. The ex-dividend date was Monday, March 3rd. Juniper Networks's payout ratio is currently 102.33%.

Wall Street Analyst Weigh In

Several brokerages recently commented on JNPR. Evercore ISI raised shares of 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. Argus lowered Juniper Networks from a "buy" rating to a "hold" rating in a report on Friday, February 7th. StockNews.com lowered Juniper Networks from a "strong-buy" rating to a "buy" rating in a research note on Friday. Finally, 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. Five equities research analysts have rated the stock with a hold rating and two have given a buy rating to the company. Based on data from MarketBeat, the company currently has an average rating of "Hold" and an average target price of $39.80.

Insiders Place Their Bets

In related 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 transaction of $1,115,827.56. Following the transaction, the chief operating officer now directly owns 94,771 shares of the company's stock, valued at approximately $3,413,651.42. The trade was a 24.63 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. 1.28% of the stock is owned by company insiders.

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.