Juniper Networks, Inc. (NYSE:JNPR) Shares Sold by Intech Investment Management LLC

Intech Investment Management LLC lessened its position in Juniper Networks, Inc. (NYSE:JNPR - Free Report) by 10.2% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 80,117 shares of the network equipment provider's stock after selling 9,058 shares during the period. Intech Investment Management LLC's holdings in Juniper Networks were worth $3,000,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also modified their holdings of JNPR. EverSource Wealth Advisors LLC grew its stake in shares of Juniper Networks by 47.8% during the 4th quarter. EverSource Wealth Advisors LLC now owns 1,123 shares of the network equipment provider's stock valued at $42,000 after buying an additional 363 shares during the period. Gould Capital LLC lifted its stake in shares of Juniper Networks by 1.9% during the third quarter. Gould Capital LLC now owns 29,298 shares of the network equipment provider's stock worth $1,142,000 after purchasing an additional 534 shares in the last quarter. Harbor Capital Advisors Inc. grew its stake in shares of Juniper Networks by 12.6% in the fourth quarter. Harbor Capital Advisors Inc. now owns 4,913 shares of the network equipment provider's stock valued at $184,000 after buying an additional 549 shares in the last quarter. Hilltop Holdings Inc. raised its holdings in shares of Juniper Networks by 1.2% during the 3rd quarter. Hilltop Holdings Inc. now owns 47,639 shares of the network equipment provider's stock valued at $1,857,000 after buying an additional 580 shares during the period. Finally, Smartleaf Asset Management LLC lifted its position in Juniper Networks by 41.5% during the 4th quarter. Smartleaf Asset Management LLC now owns 2,099 shares of the network equipment provider's stock worth $78,000 after acquiring an additional 616 shares in the last quarter. Hedge funds and other institutional investors own 91.95% of the company's stock.

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Insider Activity at Juniper Networks

In other Juniper Networks news, COO Manoj Leelanivas sold 30,978 shares of the company's stock in a transaction dated Wednesday, February 26th. The shares were sold at an average price of $36.02, for a total value of $1,115,827.56. Following the completion of the transaction, the chief operating officer now owns 94,771 shares in the company, valued at approximately $3,413,651.42. This represents a 24.63 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Insiders own 1.28% of the company's stock.

Juniper Networks Stock Up 0.1 %

Shares of JNPR stock traded up $0.05 during trading hours on Monday, hitting $36.10. 1,880,279 shares of the company were exchanged, compared to its average volume of 3,115,834. The stock has a market capitalization of $12.03 billion, a price-to-earnings ratio of 41.98, a P/E/G ratio of 2.20 and a beta of 0.86. Juniper Networks, Inc. has a one year low of $33.72 and a one year high of $39.79. The business's 50-day simple moving average is $36.50 and its two-hundred day simple moving average is $37.48. The company has a debt-to-equity ratio of 0.25, a quick ratio of 1.14 and a current ratio of 1.46.

Juniper Networks (NYSE:JNPR - Get Free Report) last issued 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 return on equity of 7.57% and a net margin of 5.67%. Sell-side analysts predict that Juniper Networks, Inc. will post 1.33 EPS for the current fiscal 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 dividend of $0.22 per share. This represents a $0.88 annualized dividend and a dividend yield of 2.44%. The ex-dividend date is Monday, March 3rd. Juniper Networks's dividend payout ratio (DPR) is presently 102.33%.

Analyst Ratings Changes

A number of analysts have recently issued reports on JNPR shares. Evercore ISI upgraded shares of Juniper Networks from an "in-line" rating to an "outperform" rating and set a $40.00 price objective on the stock in a research note on Tuesday, February 4th. Argus lowered shares of Juniper Networks from a "buy" rating to a "hold" rating in a report on Friday, February 7th. StockNews.com upgraded Juniper Networks from a "buy" rating to a "strong-buy" rating in a research note on Thursday. Finally, Barclays lifted their target price on Juniper Networks from $37.00 to $39.00 and gave the stock an "equal weight" rating in a research report on Wednesday, February 5th. Five 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 stock. Based on data from MarketBeat, the stock presently has a consensus rating of "Hold" and a consensus price target of $39.80.

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.