Xponance Inc. Has $1.34 Million Position in Juniper Networks, Inc. (NYSE:JNPR)

Xponance Inc. lessened its holdings in shares of Juniper Networks, Inc. (NYSE:JNPR) by 10.6% during the 4th quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 45,393 shares of the network equipment provider’s stock after selling 5,406 shares during the quarter. Xponance Inc.’s holdings in Juniper Networks were worth $1,338,000 at the end of the most recent reporting period.

Other institutional investors have also recently added to or reduced their stakes in the company. Hartford Financial Management Inc. raised its stake in shares of Juniper Networks by 51.3% in the 4th quarter. Hartford Financial Management Inc. now owns 973 shares of the network equipment provider’s stock valued at $29,000 after acquiring an additional 330 shares in the last quarter. Ronald Blue Trust Inc. raised its position in shares of Juniper Networks by 74.1% in the third quarter. Ronald Blue Trust Inc. now owns 1,071 shares of the network equipment provider’s stock valued at $30,000 after purchasing an additional 456 shares during the period. Blue Trust Inc. lifted its stake in shares of Juniper Networks by 34.4% in 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 during the last quarter. Planned Solutions Inc. bought a new stake in shares of Juniper Networks during the 4th quarter worth $74,000. Finally, Buck Wealth Strategies LLC grew its stake in Juniper Networks by 466.4% in the 3rd quarter. Buck Wealth Strategies LLC now owns 2,917 shares of the network equipment provider’s stock valued at $81,000 after buying an additional 2,402 shares during the last quarter. 91.95% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling at Juniper Networks

In other news, COO Manoj Leelanivas sold 98,530 shares of Juniper Networks stock in a transaction that occurred on Monday, February 12th. The shares were sold at an average price of $37.00, for a total value of $3,645,610.00. Following the completion of the transaction, the chief operating officer now owns 73,684 shares in the company, valued at $2,726,308. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. In other Juniper Networks news, COO Manoj Leelanivas sold 98,530 shares of the firm’s stock in a transaction dated Monday, February 12th. The shares were sold at an average price of $37.00, for a total value of $3,645,610.00. Following the completion of the sale, the chief operating officer now owns 73,684 shares in the company, valued at approximately $2,726,308. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, SVP Robert Mobassaly sold 5,173 shares of the business’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 $1,326,323.58. The disclosure for this sale can be found here. Insiders have sold 216,302 shares of company stock worth $8,005,602 over the last three months. Company insiders own 1.29% of the company’s stock.

Juniper Networks Trading Down 1.5 %

Shares of JNPR stock opened at $35.35 on Thursday. The firm has a fifty day moving average of $36.88 and a 200-day moving average of $32.71. The stock has a market cap of $11.47 billion, a price-to-earnings ratio of 37.21, a P/E/G ratio of 7.40 and a beta of 0.98. Juniper Networks, Inc. has a 52-week low of $24.87 and a 52-week high of $38.04. The company has a debt-to-equity ratio of 0.36, a quick ratio of 1.35 and a current ratio of 1.80.

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

Juniper Networks Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Friday, March 22nd. Investors of record on Friday, March 1st were paid a $0.22 dividend. This represents a $0.88 annualized dividend and a yield of 2.49%. The ex-dividend date of this dividend was Thursday, February 29th. Juniper Networks’s dividend payout ratio is 92.63%.

Wall Street Analysts Forecast Growth

A number of equities research analysts have issued reports on the stock. Needham & Company LLC restated a “hold” rating on shares of Juniper Networks in a report on Wednesday, January 10th. KeyCorp reaffirmed a “sector weight” rating on shares of Juniper Networks in a report on Thursday, January 11th. Barclays reiterated an “equal weight” rating on shares of Juniper Networks in a report on Wednesday, January 10th. StockNews.com began coverage on shares of Juniper Networks in a research note on Thursday. They issued a “hold” rating on the stock. Finally, Rosenblatt Securities boosted their target price on shares of Juniper Networks from $31.00 to $40.00 and gave the stock a “neutral” rating in a research report on Wednesday, January 10th. Eleven analysts have rated the stock with a hold rating and two have issued a buy rating to the company. According to data from MarketBeat, the stock currently has a consensus rating of “Hold” and an average price target of $34.27.

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.