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

New York Life Investment Management LLC trimmed its position in Juniper Networks, Inc. (NYSE:JNPR - Free Report) by 15.6% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 360,533 shares of the network equipment provider's stock after selling 66,524 shares during the period. New York Life Investment Management LLC owned about 0.11% of Juniper Networks worth $13,502,000 at the end of the most recent reporting period.

Other large investors also recently bought and sold shares of the company. Venturi Wealth Management LLC lifted its stake in shares of Juniper Networks by 60.3% in the third quarter. Venturi Wealth Management LLC now owns 1,188 shares of the network equipment provider's stock worth $46,000 after buying an additional 447 shares in the last quarter. Sentry Investment Management LLC acquired a new position in shares of Juniper Networks in the 3rd quarter valued at $61,000. Longfellow Investment Management Co. LLC lifted its position in Juniper Networks by 84.7% in 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 buying an additional 839 shares during the last quarter. Brooklyn Investment Group acquired a new position in shares of Juniper Networks in the 3rd quarter worth approximately $76,000. Finally, Quarry LP boosted its position in shares of 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 buying an additional 1,376 shares during the period. 91.95% of the stock is currently owned by hedge funds and other institutional investors.

Insider Buying and Selling

In related news, COO Manoj Leelanivas sold 30,978 shares of the business's stock in a transaction on 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 sale, the chief operating officer now directly owns 94,771 shares of the company's stock, valued at $3,413,651.42. The trade was a 24.63 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. 1.28% of the stock is owned by company insiders.

Juniper Networks Stock Up 0.1 %

NYSE JNPR traded up $0.04 on Monday, hitting $36.02. 3,142,561 shares of the stock were exchanged, compared to its average volume of 3,199,149. Juniper Networks, Inc. has a fifty-two week low of $33.72 and a fifty-two week high of $39.79. The company has a 50-day moving average price of $37.07 and a 200-day moving average price of $37.79. The company has a quick ratio of 1.14, a current ratio of 1.46 and a debt-to-equity ratio of 0.25. The company has a market cap of $12.00 billion, a PE ratio of 41.88, a PEG ratio of 2.20 and a beta of 0.87.

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 analysts' consensus estimates 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 anticipate that Juniper Networks, Inc. will post 1.33 EPS for the current fiscal year.

Juniper Networks Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Monday, March 24th. Stockholders of record on Monday, March 3rd will be given 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 brokerages have issued reports on JNPR. Argus lowered shares of Juniper Networks from a "buy" rating to a "hold" rating in a research note on Friday, February 7th. Evercore ISI raised 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 research note on Tuesday, February 4th. StockNews.com raised shares of Juniper Networks from a "buy" rating to a "strong-buy" rating in a research report on Tuesday, February 18th. Finally, Barclays boosted their price target on shares of 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, one has given a buy rating and one has given a strong buy rating to the company's stock. According to data from MarketBeat.com, the stock presently has a consensus rating of "Hold" and an average target price of $39.80.

About Juniper Networks

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.