Tower Research Capital LLC TRC Has $1.54 Million Stock Position in Juniper Networks, Inc. (NYSE:JNPR)

Tower Research Capital LLC TRC lifted its position in Juniper Networks, Inc. (NYSE:JNPRFree Report) by 344.6% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 52,110 shares of the network equipment provider’s stock after acquiring an additional 40,389 shares during the period. Tower Research Capital LLC TRC’s holdings in Juniper Networks were worth $1,536,000 as of its most recent SEC filing.

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

Insider Buying and Selling at Juniper Networks

In other news, CEO Rami Rahim sold 5,555 shares of the business’s stock in a transaction on Wednesday, April 3rd. The shares were sold at an average price of $37.04, for a total value of $205,757.20. Following the completion of the sale, the chief executive officer now directly owns 1,014,539 shares in the company, valued at $37,578,524.56. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. In other news, CFO Kenneth Bradley Miller sold 15,000 shares of the firm’s stock in a transaction on Wednesday, May 15th. The shares were sold at an average price of $34.47, for a total value of $517,050.00. Following the sale, the chief financial officer now owns 69,435 shares in the company, valued at $2,393,424.45. The sale was disclosed in a 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 on Wednesday, April 3rd. The shares were sold at an average price of $37.04, for a total transaction of $205,757.20. Following the transaction, the chief executive officer now owns 1,014,539 shares of the company’s stock, valued at $37,578,524.56. The disclosure for this sale can be found here. Insiders have sold a total of 48,330 shares of company stock worth $1,708,320 over the last 90 days. Insiders own 1.28% of the company’s stock.

Juniper Networks Stock Down 0.3 %

Juniper Networks stock opened at $35.43 on Tuesday. The company has a market capitalization of $11.51 billion, a P/E ratio of 51.35, a P/E/G ratio of 9.26 and a beta of 0.96. Juniper Networks, Inc. has a 1-year low of $24.87 and a 1-year high of $38.04. The firm’s fifty day simple moving average is $35.47 and its 200-day simple moving average is $34.65. The company has a current ratio of 1.74, a quick ratio of 1.27 and a debt-to-equity ratio of 0.36.

Juniper Networks (NYSE:JNPRGet Free Report) last posted its 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). The company had revenue of $1.15 billion for the quarter, compared to the consensus estimate of $1.23 billion. Juniper Networks had a net margin of 4.19% and a return on equity of 10.02%. Sell-side analysts forecast that Juniper Networks, Inc. will post 1.08 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, June 24th. Shareholders of record on Monday, June 3rd will be given a dividend of $0.22 per share. The ex-dividend date is Monday, June 3rd. This represents a $0.88 dividend on an annualized basis and a yield of 2.48%. Juniper Networks’s payout ratio is currently 127.54%.

Wall Street Analysts Forecast Growth

Several equities analysts have weighed in on JNPR shares. StockNews.com began coverage on Juniper Networks in a research note on Tuesday, June 4th. They set a “hold” rating on the stock. Barclays upped their price objective on shares of Juniper Networks from $40.00 to $41.00 and gave the company an “equal weight” rating in a research note on Friday, April 26th. Finally, Needham & Company LLC reissued a “hold” rating on shares of Juniper Networks in a research note on Friday, April 26th. Eleven investment analysts have rated the stock with a hold rating and two have issued a buy rating to the company. According to MarketBeat.com, Juniper Networks presently has a consensus rating of “Hold” and a consensus price target of $34.55.

Get Our Latest Research Report on JNPR

Juniper Networks Profile

(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.

Recommended Stories

Want to see what other hedge funds are holding JNPR? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Juniper Networks, Inc. (NYSE:JNPRFree Report).

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.