Juniper Networks, Inc. (NYSE:JNPR) Shares Sold by Yousif Capital Management LLC

Yousif Capital Management LLC trimmed its position in shares of Juniper Networks, Inc. (NYSE:JNPR) by 0.9% in the first quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 44,452 shares of the network equipment provider’s stock after selling 385 shares during the period. Yousif Capital Management LLC’s holdings in Juniper Networks were worth $1,609,000 at the end of the most recent quarter.

A number of other institutional investors also recently made changes to their positions in JNPR. MassMutual Private Wealth & Trust FSB raised its holdings in shares of Juniper Networks by 30.1% during the first quarter. MassMutual Private Wealth & Trust FSB now owns 1,224 shares of the network equipment provider’s stock valued at $44,000 after acquiring an additional 283 shares during the period. Laird Norton Wetherby Wealth Management LLC raised its holdings in shares of Juniper Networks by 1.9% during the fourth quarter. Laird Norton Wetherby Wealth Management LLC now owns 17,413 shares of the network equipment provider’s stock valued at $652,000 after acquiring an additional 330 shares during the period. EverSource Wealth Advisors LLC raised its holdings in shares of Juniper Networks by 47.8% during the fourth quarter. EverSource Wealth Advisors LLC now owns 1,123 shares of the network equipment provider’s stock valued at $42,000 after acquiring an additional 363 shares during the period. Townsquare Capital LLC raised its holdings in shares of Juniper Networks by 7.4% during the fourth quarter. Townsquare Capital LLC now owns 6,182 shares of the network equipment provider’s stock valued at $232,000 after acquiring an additional 426 shares during the period. Finally, Wahed Invest LLC raised its holdings in shares of Juniper Networks by 6.5% during the fourth quarter. Wahed Invest LLC now owns 8,420 shares of the network equipment provider’s stock valued at $315,000 after acquiring an additional 513 shares during the period. 91.95% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

JNPR has been the topic of a number of recent analyst reports. Rosenblatt Securities restated a “neutral” rating and set a $40.00 price target on shares of Juniper Networks in a report on Friday, May 2nd. Wall Street Zen upgraded shares of Juniper Networks from a “buy” rating to a “strong-buy” rating in a report on Friday, May 2nd. Finally, Barclays boosted their price target on shares of Juniper Networks from $39.00 to $40.00 and gave the company an “equal weight” rating in a report on Monday, May 5th. Five analysts have rated the stock with a hold rating, one has assigned a buy rating and one has assigned a strong buy rating to the stock. According to MarketBeat.com, the stock currently has an average rating of “Hold” and an average price target of $40.00.

Juniper Networks Stock Up 0.6%

Juniper Networks stock opened at $35.97 on Tuesday. The firm has a market cap of $12.03 billion, a PE ratio of 41.83, a P/E/G ratio of 2.20 and a beta of 0.78. 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’s 50 day moving average price is $35.74 and its two-hundred day moving average price is $36.31. Juniper Networks, Inc. has a twelve month low of $33.42 and a twelve month high of $39.79.

Juniper Networks (NYSE:JNPR) last released its quarterly earnings data on Thursday, May 1st. The network equipment provider reported $0.43 earnings per share for the quarter, beating the consensus estimate of $0.41 by $0.02. The firm had revenue of $1.28 billion for the quarter, compared to analyst estimates of $1.28 billion. Juniper Networks had a net margin of 5.67% and a return on equity of 7.57%. The company’s revenue for the quarter was up 11.4% compared to the same quarter last year. During the same quarter in the prior year, the business earned $0.29 EPS. On average, research analysts predict that Juniper Networks, Inc. will post 1.33 EPS for the current fiscal year.

Juniper Networks Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Monday, June 23rd. Stockholders of record on Monday, June 2nd will be paid a dividend of $0.22 per share. The ex-dividend date of this dividend is Monday, June 2nd. This represents a $0.88 annualized dividend and a dividend yield of 2.45%. Juniper Networks’s dividend payout ratio (DPR) is 83.81%.

Juniper Networks Company 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.