Wealthfront Advisers LLC Increases Holdings in Juniper Networks, Inc. (NYSE:JNPR)

Wealthfront Advisers LLC increased its stake in shares of Juniper Networks, Inc. (NYSE:JNPR - Free Report) by 1,776.2% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 104,333 shares of the network equipment provider's stock after acquiring an additional 98,772 shares during the quarter. Wealthfront Advisers LLC's holdings in Juniper Networks were worth $3,907,000 at the end of the most recent quarter.

Several other institutional investors have also recently made changes to their positions in JNPR. Venturi Wealth Management LLC grew its position in Juniper Networks by 60.3% in the 3rd quarter. Venturi Wealth Management LLC now owns 1,188 shares of the network equipment provider's stock valued at $46,000 after purchasing an additional 447 shares during the period. Larson Financial Group LLC increased its position in shares of Juniper Networks by 139.5% during the fourth quarter. Larson Financial Group LLC now owns 1,794 shares of the network equipment provider's stock worth $67,000 after acquiring an additional 1,045 shares in the last quarter. Longfellow Investment Management Co. LLC increased its position in shares of 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 worth $71,000 after acquiring an additional 839 shares in the last quarter. Brooklyn Investment Group bought a new position in Juniper Networks in the 3rd quarter valued at about $76,000. Finally, Smartleaf Asset Management LLC boosted its stake 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 valued at $78,000 after purchasing an additional 616 shares during the last quarter. Institutional investors and hedge funds own 91.95% of the company's stock.

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Wall Street Analyst Weigh In

Several analysts have recently commented on JNPR shares. Argus downgraded Juniper Networks from a "buy" rating to a "hold" rating in a research note on Friday, February 7th. 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 note on Wednesday, February 5th. StockNews.com downgraded shares of Juniper Networks from a "strong-buy" rating to a "buy" rating in a report on Monday, March 3rd. Finally, Evercore ISI upgraded shares of Juniper Networks from an "in-line" rating to an "outperform" rating and set a $40.00 target price for the company in a report on Tuesday, February 4th. Five analysts have rated the stock with a hold rating and two have assigned a buy rating to the company. According to MarketBeat, the company currently has a consensus rating of "Hold" and an average price target of $39.80.

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 transaction of $1,115,827.56. Following the sale, the chief operating officer now directly 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 document filed with the Securities & Exchange Commission, which is available through this link. 1.28% of the stock is owned by company insiders.

Juniper Networks Stock Performance

NYSE:JNPR traded up $0.36 during trading on Monday, reaching $36.12. The company's stock had a trading volume of 7,406,103 shares, compared to its average volume of 3,126,027. The firm has a market cap of $12.03 billion, a price-to-earnings ratio of 41.99, a price-to-earnings-growth ratio of 2.20 and a beta of 0.86. Juniper Networks, Inc. has a 12 month low of $33.72 and a 12 month high of $39.79. 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 firm has a 50 day moving average of $36.72 and a 200-day moving average of $37.58.

Juniper Networks (NYSE:JNPR - Get Free Report) last posted its quarterly earnings results 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 net margin of 5.67% and a return on equity of 7.57%. Research analysts expect that Juniper Networks, Inc. will post 1.33 EPS for the current fiscal year.

Juniper Networks Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Monday, March 24th. Investors of record on Monday, March 3rd will be issued a $0.22 dividend. The ex-dividend date of this dividend 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 presently 102.33%.

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.