Juniper Networks, Inc. (NYSE:JNPR) Shares Sold by Crossmark Global Holdings Inc.

Crossmark Global Holdings Inc. reduced its position in Juniper Networks, Inc. (NYSE:JNPR) by 2.0% in the 4th quarter, according to its most recent filing with the SEC. The firm owned 381,646 shares of the network equipment provider’s stock after selling 7,972 shares during the period. Crossmark Global Holdings Inc. owned about 0.12% of Juniper Networks worth $14,293,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently added to or reduced their stakes in the company. Oddo BHF Asset Management Sas acquired a new stake in Juniper Networks in the third quarter valued at $25,337,000. Twin Securities Inc. grew its stake in Juniper Networks by 760.3% during the 3rd quarter. Twin Securities Inc. now owns 678,257 shares of the network equipment provider’s stock worth $26,438,000 after buying an additional 599,420 shares during the last quarter. State Street Corp boosted its holdings in shares of Juniper Networks by 3.8% during the third quarter. State Street Corp now owns 15,758,844 shares of the network equipment provider’s stock valued at $614,280,000 after acquiring an additional 574,418 shares during the period. Healthcare of Ontario Pension Plan Trust Fund lifted its position in Juniper Networks by 172,681.3% in the 3rd quarter. Healthcare of Ontario Pension Plan Trust Fund now owns 552,900 shares of the network equipment provider’s stock valued at $21,552,000 after purchasing an additional 552,580 shares during the last quarter. Finally, Mizuho Securities USA LLC boosted its stake in Juniper Networks by 1,885.0% during the 3rd quarter. Mizuho Securities USA LLC now owns 497,430 shares of the network equipment provider’s stock valued at $19,390,000 after purchasing an additional 472,370 shares during the period. Hedge funds and other institutional investors own 91.95% of the company’s stock.

Analyst Ratings Changes

Several equities analysts have commented on JNPR shares. Barclays lowered their target price on shares of Juniper Networks from $40.00 to $37.00 and set an “equal weight” rating on the stock in a research note on Friday, November 1st. Citigroup reiterated a “neutral” rating and set a $40.00 price objective on shares of Juniper Networks in a research report on Monday, September 23rd. Finally, Rosenblatt Securities reissued a “neutral” rating and issued a $40.00 price objective on shares of Juniper Networks in a research note on Friday, November 1st. Five analysts have rated the stock with a hold rating and one has assigned a buy rating to the stock. According to MarketBeat.com, the stock has a consensus rating of “Hold” and an average target price of $39.25.

Juniper Networks Stock Performance

Shares of NYSE:JNPR opened at $38.47 on Tuesday. The business has a fifty day moving average of $37.23 and a 200-day moving average of $38.05. The company has a debt-to-equity ratio of 0.35, a quick ratio of 1.30 and a current ratio of 1.72. Juniper Networks, Inc. has a twelve month low of $34.30 and a twelve month high of $39.79. The firm has a market cap of $12.74 billion, a PE ratio of 50.61, a price-to-earnings-growth ratio of 8.49 and a beta of 0.88.

Juniper Networks Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Monday, December 23rd. Stockholders of record on Monday, December 2nd were paid a $0.22 dividend. The ex-dividend date was Monday, December 2nd. This represents a $0.88 annualized dividend and a dividend yield of 2.29%. Juniper Networks’s dividend payout ratio (DPR) is currently 115.79%.

About Juniper Networks

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.