1 week Ago By ABMN Staff
Wells Fargo & Company MN reduced its holdings in shares of Juniper Networks, Inc. ( NYSE:JNPR – Free Report ) by 3.1% in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission.
The firm owned 56,103 shares of the network equipment provider’s stock after selling 1,818 shares during the quarter. Wells Fargo & Company MN’s holdings in Juniper Networks were worth $2,101,000 as of its most recent SEC filing. Other institutional investors have also made changes to their positions in the company.
Vanguard Group Inc. lifted its holdings in Juniper Networks by 1.4% during the 4th quarter.
Vanguard Group Inc. now owns 43,264,855 shares of the network equipment provider’s stock valued at $1,620,269,000 after purchasing an additional 599,214 shares during the last quarter. Geode Capital Management LLC lifted its stake in shares of Juniper Networks by 3.
7% during the 4th quarter. Geode Capital Management LLC now owns 9,897,002 shares of the network equipment provider’s stock worth $370,461,000 after buying an additional 356,672 shares during the last quarter. Norges Bank acquired a new stake in shares of Juniper Networks during the 4th quarter worth about $262,618,000.
Amundi boosted its holdings in shares of Juniper Networks by 60.1% during the 4th quarter. Amundi now owns 4,157,158 shares of the network equipment provider’s stock worth $159,510,000 after buying an additional 1,559,884 shares during the period.
Finally, Bank of New York Mellon Corp grew its stake in Juniper Networks by 1.3% in the 4th quarter. Bank of New York Mellon Corp now owns 3,134,795 shares of the network equipment provider’s stock valued at $117,398,000 after buying an additional 40,231 shares during the last quarter.
91.95% of the stock is owned by institutional investors and hedge funds. Analysts Set New Price Targets Several equities research analysts have issued reports on JNPR shares.
Barclays raised their price objective on shares of Juniper Networks from $37.00 to $39.00 and gave the stock an “equal weight” rating in a research report on Wednesday, February 5th.
StockNews.com cut Juniper Networks from a “strong-buy” rating to a “buy” rating in a report on Friday, March 28th. Evercore ISI raised Juniper Networks from an “in-line” rating to an “outperform” rating and set a $40.
00 price objective on the stock in a report on Tuesday, February 4th. Finally, Argus cut Juniper Networks from a “buy” rating to a “hold” rating in a research report on Friday, February 7th. Five research analysts have rated the stock with a hold rating and two have issued a buy rating to the stock.
According to MarketBeat.com, Juniper Networks presently has an average rating of “Hold” and an average target price of $39.80.
Juniper Networks Stock Performance NYSE:JNPR opened at $35.56 on Friday. The company has a market cap of $11.
85 billion, a price-to-earnings ratio of 41.35, a PEG ratio of 2.20 and a beta of 0.
84. Juniper Networks, Inc. has a fifty-two week low of $33.
42 and a fifty-two week high of $39.79. 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 stock has a fifty day moving average price of $35.50 and a 200-day moving average price of $36.83.
Juniper Networks ( NYSE:JNPR – Get Free Report ) last posted its quarterly earnings data on Tuesday, February 4th. The network equipment provider reported $0.45 earnings per share for the quarter, missing the consensus estimate of $0.
58 by ($0.13). Juniper Networks had a return on equity of 7.
57% and a net margin of 5.67%. As a group, equities analysts anticipate that Juniper Networks, Inc.
will post 1.33 EPS for the current fiscal year. Juniper Networks Dividend Announcement The company also recently disclosed a quarterly dividend, which was paid on Monday, March 24th.
Investors of record on Monday, March 3rd were paid a $0.22 dividend. The ex-dividend date of this dividend was Monday, March 3rd.
This represents a $0.88 dividend on an annualized basis and a yield of 2.47%.
Juniper Networks’s dividend payout ratio (DPR) is 102.33%. Insider Buying and Selling at Juniper Networks In other Juniper Networks news, COO Manoj Leelanivas sold 30,978 shares of Juniper Networks stock in a transaction dated Wednesday, February 26th.
The stock was sold at an average price of $36.02, for a total value of $1,115,827.56.
Following the transaction, the chief operating officer now owns 94,771 shares in the company, valued at $3,413,651.42. The trade was a 24.
63 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this link . Company insiders own 1.
28% of the company’s stock. 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.
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