Blue Trust Inc. Sells 636 Shares of Juniper Networks, Inc. (NYSE:JNPR)

Blue Trust Inc. lessened its position in shares of Juniper Networks, Inc. (NYSE:JNPR) by 15.5% in the fourth quarter, Holdings Channel.com reports. The firm owned 3,475 shares of the network equipment provider’s stock after selling 636 shares during the period. Blue Trust Inc.’s holdings in Juniper Networks were worth $130,000 as of its most recent SEC filing.

Several other hedge funds also recently made changes to their positions in the business. Oddo BHF Asset Management Sas bought a new position in Juniper Networks in the third quarter valued at $25,337,000. Twin Securities Inc. grew its stake in Juniper Networks by 760.3% in the third quarter. Twin Securities Inc. now owns 678,257 shares of the network equipment provider’s stock valued at $26,438,000 after purchasing an additional 599,420 shares in the last quarter. State Street Corp lifted its stake in Juniper Networks by 3.8% in 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 last quarter. Healthcare of Ontario Pension Plan Trust Fund grew its position in shares of 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 acquiring an additional 552,580 shares during the period. Finally, Mizuho Securities USA LLC increased its stake in shares of 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 worth $19,390,000 after purchasing an additional 472,370 shares during the last quarter. 91.95% of the stock is owned by institutional investors.

Analyst Ratings Changes

JNPR has been the subject of a number of research analyst reports. Barclays lifted their price target on Juniper Networks from $37.00 to $39.00 and gave the stock an “equal weight” rating in a report on Wednesday, February 5th. Rosenblatt Securities restated a “neutral” rating and set a $40.00 price objective on shares of Juniper Networks in a report on Friday, November 1st. Evercore ISI upgraded Juniper Networks from an “in-line” rating to an “outperform” rating and set a $40.00 price target for the company in a research note on Tuesday, February 4th. StockNews.com raised shares of Juniper Networks from a “buy” rating to a “strong-buy” rating in a research report on Tuesday. Finally, Argus cut shares of Juniper Networks from a “buy” rating to a “hold” rating in a research report on Friday, February 7th. Five analysts have rated the stock with a hold rating, one has given a buy rating and one has issued a strong buy rating to the company’s stock. Based on data from MarketBeat, the company presently has an average rating of “Hold” and a consensus price target of $39.80.

Juniper Networks Stock Down 0.2 %

NYSE JNPR opened at $35.99 on Friday. The company has a debt-to-equity ratio of 0.25, a current ratio of 1.46 and a quick ratio of 1.14. Juniper Networks, Inc. has a fifty-two week low of $33.72 and a fifty-two week high of $39.79. The stock has a market capitalization of $11.91 billion, a PE ratio of 41.84, a PEG ratio of 2.20 and a beta of 0.87. The business has a fifty day moving average price of $37.20 and a two-hundred day moving average price of $37.89.

Juniper Networks (NYSE:JNPR) last announced its quarterly earnings results on Tuesday, February 4th. The network equipment provider reported $0.45 EPS for the quarter, missing analysts’ consensus estimates of $0.58 by ($0.13). Juniper Networks had a net margin of 5.67% and a return on equity of 7.57%. Equities analysts expect that Juniper Networks, Inc. will post 1.33 earnings per share for the current fiscal year.

Juniper Networks Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, March 24th. Investors of record on Monday, March 3rd will be issued a $0.22 dividend. The ex-dividend date of this dividend is Monday, March 3rd. This represents a $0.88 dividend on an annualized basis and a yield of 2.45%. Juniper Networks’s dividend payout ratio (DPR) is presently 102.33%.

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.