Juniper Networks, Inc. (NYSE:JNPR) Shares Sold by Dana Investment Advisors Inc.

Dana Investment Advisors Inc. lowered its stake in Juniper Networks, Inc. (NYSE:JNPR - Free Report) by 11.6% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 79,154 shares of the network equipment provider's stock after selling 10,351 shares during the period. Dana Investment Advisors Inc.'s holdings in Juniper Networks were worth $2,964,000 as of its most recent SEC filing.

Several other large investors also recently added to or reduced their stakes in JNPR. Oddo BHF Asset Management Sas bought a new stake in shares of Juniper Networks in the 3rd quarter worth about $25,337,000. Twin Securities Inc. raised its position in Juniper Networks by 760.3% in the 3rd quarter. Twin Securities Inc. now owns 678,257 shares of the network equipment provider's stock worth $26,438,000 after purchasing an additional 599,420 shares during the period. State Street Corp lifted its stake in Juniper Networks by 3.8% in the third quarter. State Street Corp now owns 15,758,844 shares of the network equipment provider's stock worth $614,280,000 after purchasing an additional 574,418 shares during the last quarter. Healthcare of Ontario Pension Plan Trust Fund boosted its position in shares of Juniper Networks by 172,681.3% during the third quarter. Healthcare of Ontario Pension Plan Trust Fund now owns 552,900 shares of the network equipment provider's stock valued at $21,552,000 after buying an additional 552,580 shares during the period. Finally, Mizuho Securities USA LLC grew its stake in shares of Juniper Networks by 1,885.0% during the third quarter. Mizuho Securities USA LLC now owns 497,430 shares of the network equipment provider's stock valued at $19,390,000 after buying an additional 472,370 shares during the last quarter. 91.95% of the stock is owned by institutional investors.

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Insider Activity

In related news, COO Manoj Leelanivas sold 30,978 shares of the stock in a transaction that occurred on Wednesday, February 26th. The shares were 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 owns 94,771 shares of the company's stock, valued at $3,413,651.42. This represents a 24.63 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Company insiders own 1.28% of the company's stock.

Juniper Networks Stock Down 0.6 %

Shares of Juniper Networks stock traded down $0.22 during trading on Tuesday, hitting $35.62. 4,207,397 shares of the stock traded hands, compared to its average volume of 3,200,310. Juniper Networks, Inc. has a 52-week low of $33.72 and a 52-week high of $39.79. The stock's fifty day simple moving average is $36.89 and its 200 day simple moving average is $37.67. The firm has a market cap of $11.87 billion, a P/E ratio of 41.42, a price-to-earnings-growth 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 (NYSE:JNPR - Get Free Report) last posted its quarterly 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%. On average, equities analysts predict that Juniper Networks, Inc. will post 1.33 earnings per share 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. Shareholders of record on Monday, March 3rd will be given a dividend of $0.22 per share. The ex-dividend date of this dividend is Monday, March 3rd. This represents a $0.88 annualized dividend and a yield of 2.47%. Juniper Networks's dividend payout ratio (DPR) is presently 102.33%.

Analyst Ratings Changes

A number of equities research analysts recently issued reports on JNPR shares. Evercore ISI raised Juniper Networks from an "in-line" rating to an "outperform" rating and set a $40.00 price target 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 research report on Friday, February 7th. StockNews.com cut shares of Juniper Networks from a "strong-buy" rating to a "buy" rating in a report on Monday, March 3rd. Finally, Barclays lifted their price objective on shares of Juniper Networks from $37.00 to $39.00 and gave the company an "equal weight" rating in a report on Wednesday, February 5th. Five investment analysts have rated the stock with a hold rating and two have issued a buy rating to the company's stock. According to data from MarketBeat.com, the stock currently has an average 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.