Juniper Networks, Inc. (NYSE:JNPR) Shares Purchased by Allworth Financial LP

Allworth Financial LP lifted its position in Juniper Networks, Inc. (NYSE:JNPR) by 216.1% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 4,609 shares of the network equipment provider’s stock after acquiring an additional 3,151 shares during the period. Allworth Financial LP’s holdings in Juniper Networks were worth $136,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors have also recently made changes to their positions in JNPR. Farther Finance Advisors LLC lifted its position in Juniper Networks by 92.1% during the second quarter. Farther Finance Advisors LLC now owns 974 shares of the network equipment provider’s stock worth $31,000 after buying an additional 467 shares in the last quarter. Ronald Blue Trust Inc. lifted its position in Juniper Networks by 74.1% during the third quarter. Ronald Blue Trust Inc. now owns 1,071 shares of the network equipment provider’s stock worth $30,000 after buying an additional 456 shares in the last quarter. Blue Trust Inc. lifted its position in Juniper Networks by 34.4% during the fourth quarter. Blue Trust Inc. now owns 1,439 shares of the network equipment provider’s stock worth $40,000 after buying an additional 368 shares in the last quarter. Lazard Asset Management LLC lifted its position in Juniper Networks by 2,224.7% during the second quarter. Lazard Asset Management LLC now owns 1,976 shares of the network equipment provider’s stock worth $61,000 after buying an additional 1,891 shares in the last quarter. Finally, Sunbelt Securities Inc. purchased a new position in Juniper Networks during the first quarter worth approximately $84,000. 91.95% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

A number of equities research analysts have commented on the company. Barclays restated an “equal weight” rating on shares of Juniper Networks in a research report on Wednesday, January 10th. Morgan Stanley upgraded Juniper Networks from an “underweight” rating to an “equal weight” rating and set a $40.00 target price on the stock in a research report on Thursday, January 11th. StockNews.com assumed coverage on Juniper Networks in a research report on Tuesday. They issued a “hold” rating on the stock. KeyCorp restated a “sector weight” rating on shares of Juniper Networks in a research report on Thursday, January 11th. Finally, Needham & Company LLC restated a “hold” rating on shares of Juniper Networks in a research report on Wednesday, January 10th. Eleven analysts have rated the stock with a hold rating and two have assigned a buy rating to the company. According to data from MarketBeat.com, the company has a consensus rating of “Hold” and a consensus price target of $34.27.

Insider Buying and Selling

In related news, CEO Rami Rahim sold 5,555 shares of the business’s stock in a transaction on Monday, March 4th. The stock was sold at an average price of $37.53, for a total transaction of $208,479.15. Following the completion of the transaction, the chief executive officer now directly owns 1,019,589 shares of the company’s stock, valued at approximately $38,265,175.17. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. In other news, SVP Robert Mobassaly sold 5,173 shares of the company’s stock in a transaction dated Wednesday, February 21st. The stock was sold at an average price of $36.78, for a total transaction of $190,262.94. Following the completion of the transaction, the senior vice president now directly owns 36,061 shares of the company’s stock, valued at approximately $1,326,323.58. The transaction was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, CEO Rami Rahim sold 5,555 shares of the company’s stock in a transaction dated Monday, March 4th. The stock was sold at an average price of $37.53, for a total value of $208,479.15. Following the transaction, the chief executive officer now directly owns 1,019,589 shares of the company’s stock, valued at $38,265,175.17. The disclosure for this sale can be found here. Insiders sold 216,302 shares of company stock valued at $8,005,602 in the last three months. 1.29% of the stock is owned by corporate insiders.

Juniper Networks Trading Down 0.8 %

Shares of NYSE JNPR opened at $36.65 on Friday. Juniper Networks, Inc. has a twelve month low of $24.87 and a twelve month high of $38.04. The company has a current ratio of 1.80, a quick ratio of 1.35 and a debt-to-equity ratio of 0.36. The stock has a fifty day simple moving average of $37.02 and a 200-day simple moving average of $32.19. The stock has a market capitalization of $11.89 billion, a PE ratio of 38.58, a PEG ratio of 7.57 and a beta of 0.98.

Juniper Networks (NYSE:JNPR) last issued its quarterly earnings data on Tuesday, January 30th. The network equipment provider reported $0.43 earnings per share for the quarter, missing analysts’ consensus estimates of $0.44 by ($0.01). Juniper Networks had a net margin of 5.57% and a return on equity of 11.72%. The firm had revenue of $1.36 billion during the quarter, compared to analyst estimates of $1.41 billion. On average, equities analysts forecast that Juniper Networks, Inc. will post 1.37 earnings per share for the current year.

Juniper Networks Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Friday, March 22nd. Investors of record on Friday, March 1st were paid a dividend of $0.22 per share. The ex-dividend date was Thursday, February 29th. This represents a $0.88 annualized dividend and a yield of 2.40%. Juniper Networks’s payout ratio is 92.63%.

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.