Shell Asset Management Co. Has $1.54 Million Stock Holdings in Juniper Networks, Inc. (NYSE:JNPR)

Shell Asset Management Co. increased its position in Juniper Networks, Inc. (NYSE:JNPRFree Report) by 41.6% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 52,312 shares of the network equipment provider’s stock after buying an additional 15,356 shares during the quarter. Shell Asset Management Co.’s holdings in Juniper Networks were worth $1,542,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other large investors have also added to or reduced their stakes in JNPR. J.P. Morgan Private Wealth Advisors LLC bought a new position in shares of Juniper Networks during the third quarter valued at $880,000. Charles Schwab Investment Management Inc. raised its position in Juniper Networks by 1.2% during the 3rd quarter. Charles Schwab Investment Management Inc. now owns 2,766,557 shares of the network equipment provider’s stock worth $76,883,000 after purchasing an additional 34,070 shares during the last quarter. Van ECK Associates Corp raised its position in Juniper Networks by 9.6% during the 3rd quarter. Van ECK Associates Corp now owns 8,201 shares of the network equipment provider’s stock worth $228,000 after purchasing an additional 716 shares during the last quarter. Pathstone Family Office LLC grew its position in shares of Juniper Networks by 14.3% in the 3rd quarter. Pathstone Family Office LLC now owns 15,262 shares of the network equipment provider’s stock valued at $424,000 after buying an additional 1,914 shares during the last quarter. Finally, State Board of Administration of Florida Retirement System increased its stake in shares of Juniper Networks by 1.6% in the third quarter. State Board of Administration of Florida Retirement System now owns 375,297 shares of the network equipment provider’s stock valued at $10,430,000 after buying an additional 5,860 shares during the period. Institutional investors own 91.95% of the company’s stock.

Wall Street Analyst Weigh In

JNPR has been the topic of a number of recent analyst reports. Barclays upped their target price on Juniper Networks from $40.00 to $41.00 and gave the company an “equal weight” rating in a report on Friday, April 26th. StockNews.com began coverage on shares of Juniper Networks in a research note on Tuesday, June 4th. They issued a “hold” rating on the stock. Finally, Needham & Company LLC reiterated a “hold” rating on shares of Juniper Networks in a research report on Friday, April 26th. Eleven research analysts have rated the stock with a hold rating and two have given a buy rating to the company. According to data from MarketBeat, Juniper Networks presently has a consensus rating of “Hold” and a consensus price target of $34.55.

View Our Latest Analysis on Juniper Networks

Insider Buying and Selling at Juniper Networks

In other Juniper Networks news, CEO Rami Rahim sold 5,555 shares of Juniper Networks stock in a transaction on Friday, April 5th. The shares were sold at an average price of $37.06, for a total value of $205,868.30. Following the completion of the sale, the chief executive officer now directly owns 1,003,429 shares of the company’s stock, valued at $37,187,078.74. The transaction was disclosed in a legal filing with the SEC, which is available at the SEC website. In other news, CEO Rami Rahim sold 5,555 shares of Juniper Networks stock in a transaction dated Friday, April 5th. The shares were sold at an average price of $37.06, for a total transaction of $205,868.30. Following the completion of the transaction, the chief executive officer now directly owns 1,003,429 shares in the company, valued at $37,187,078.74. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, CFO Kenneth Bradley Miller sold 15,000 shares of Juniper Networks stock in a transaction dated Wednesday, May 15th. The shares were sold at an average price of $34.47, for a total transaction of $517,050.00. Following the transaction, the chief financial officer now owns 69,435 shares of the company’s stock, valued at $2,393,424.45. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 48,330 shares of company stock valued at $1,708,320. Corporate insiders own 1.28% of the company’s stock.

Juniper Networks Trading Down 0.3 %

NYSE:JNPR opened at $35.43 on Tuesday. Juniper Networks, Inc. has a 12 month low of $24.87 and a 12 month high of $38.04. The company has a current ratio of 1.74, a quick ratio of 1.27 and a debt-to-equity ratio of 0.36. The stock has a market capitalization of $11.51 billion, a price-to-earnings ratio of 51.35, a PEG ratio of 9.26 and a beta of 0.96. The firm has a fifty day simple moving average of $35.47 and a two-hundred day simple moving average of $34.65.

Juniper Networks (NYSE:JNPRGet Free Report) last posted its quarterly earnings results on Thursday, April 25th. The network equipment provider reported $0.09 earnings per share for the quarter, missing the consensus estimate of $0.18 by ($0.09). Juniper Networks had a net margin of 4.19% and a return on equity of 10.02%. The company had revenue of $1.15 billion during the quarter, compared to the consensus estimate of $1.23 billion. Analysts expect that Juniper Networks, Inc. will post 1.08 EPS for the current fiscal year.

Juniper Networks Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Monday, June 24th. Shareholders of record on Monday, June 3rd will be paid a $0.22 dividend. This represents a $0.88 annualized dividend and a yield of 2.48%. The ex-dividend date is Monday, June 3rd. Juniper Networks’s dividend payout ratio (DPR) is currently 127.54%.

About Juniper Networks

(Free Report)

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.

Featured Stories

Institutional Ownership by Quarter for Juniper Networks (NYSE:JNPR)

Receive News & Ratings for Juniper Networks Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Juniper Networks and related companies with MarketBeat.com's FREE daily email newsletter.