Juniper Networks, Inc. (JNPR) Position Held by Globeflex Capital L P

Globeflex Capital L P held its stake in Juniper Networks, Inc. (NYSE:JNPR) during the first quarter, Holdings Channel reports. The institutional investor owned 21,651 shares of the network equipment provider’s stock at the end of the first quarter. Globeflex Capital L P’s holdings in Juniper Networks were worth $603,000 as of its most recent filing with the SEC.

Several other large investors have also recently added to or reduced their stakes in JNPR. Capital Guardian Trust Co. increased its stake in Juniper Networks by 2.2% in the fourth quarter. Capital Guardian Trust Co. now owns 3,645 shares of the network equipment provider’s stock valued at $103,000 after buying an additional 77 shares during the period. Ladenburg Thalmann Financial Services Inc. increased its stake in Juniper Networks by 173.9% in the fourth quarter. Ladenburg Thalmann Financial Services Inc. now owns 4,517 shares of the network equipment provider’s stock valued at $127,000 after buying an additional 2,868 shares during the period. Acrospire Investment Management LLC increased its stake in Juniper Networks by 837.8% in the first quarter. Acrospire Investment Management LLC now owns 4,689 shares of the network equipment provider’s stock valued at $130,000 after buying an additional 4,189 shares during the period. Intellectus Partners LLC purchased a new stake in Juniper Networks during the fourth quarter valued at $190,000. Finally, Menta Capital LLC purchased a new stake in Juniper Networks during the first quarter valued at $205,000. 89.48% of the stock is currently owned by institutional investors.

Institutional Ownership by Quarter for Juniper Networks (NYSE:JNPR)

Shares of Juniper Networks, Inc. (NYSE:JNPR) traded down 0.606% during mid-day trading on Friday, reaching $28.685. The company’s stock had a trading volume of 1,362,793 shares. Juniper Networks, Inc. has a 12 month low of $21.18 and a 12 month high of $30.96. The company has a 50-day moving average of $29.86 and a 200-day moving average of $28.41. The company has a market cap of $10.96 billion, a P/E ratio of 18.144 and a beta of 1.01.

Juniper Networks (NYSE:JNPR) last released its earnings results on Tuesday, April 25th. The network equipment provider reported $0.34 earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of $0.31 by $0.03. Juniper Networks had a net margin of 12.10% and a return on equity of 13.59%. The firm had revenue of $1.22 billion during the quarter, compared to analyst estimates of $1.20 billion. During the same period last year, the business earned $0.37 earnings per share. The business’s revenue was up 11.2% on a year-over-year basis. Equities research analysts forecast that Juniper Networks, Inc. will post $2.23 earnings per share for the current fiscal year.

The firm also recently announced a quarterly dividend, which will be paid on Thursday, June 22nd. Stockholders of record on Thursday, June 1st will be issued a dividend of $0.10 per share. The ex-dividend date is Tuesday, May 30th. This represents a $0.40 annualized dividend and a dividend yield of 1.39%. Juniper Networks’s payout ratio is 25.00%.

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Several equities research analysts recently weighed in on the company. Pacific Crest assumed coverage on Juniper Networks in a report on Monday, June 5th. They set a “sector weight” rating and a $31.00 price objective on the stock. Robert W. Baird reissued a “neutral” rating and set a $30.00 price objective (up previously from $27.00) on shares of Juniper Networks in a report on Saturday, April 29th. Standpoint Research downgraded Juniper Networks from a “buy” rating to a “reduce” rating in a report on Wednesday, May 3rd. KeyCorp started coverage on Juniper Networks in a report on Monday, June 5th. They set a “hold” rating and a $31.00 target price on the stock. Finally, ValuEngine raised Juniper Networks from a “hold” rating to a “buy” rating in a report on Friday, June 2nd. Four equities research analysts have rated the stock with a sell rating, thirteen have issued a hold rating, ten have given a buy rating and one has given a strong buy rating to the stock. The company currently has an average rating of “Hold” and a consensus price target of $30.06.

In other news, CEO Rami Rahim sold 10,700 shares of Juniper Networks stock in a transaction that occurred on Friday, May 12th. The shares were sold at an average price of $30.64, for a total transaction of $327,848.00. Following the completion of the transaction, the chief executive officer now directly owns 469,607 shares in the company, valued at $14,388,758.48. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, Director Pradeep Sindhu sold 76,900 shares of Juniper Networks stock in a transaction that occurred on Friday, May 5th. The shares were sold at an average price of $30.53, for a total transaction of $2,347,757.00. Following the transaction, the director now owns 40,773 shares of the company’s stock, valued at $1,244,799.69. The disclosure for this sale can be found here. Insiders have sold 188,892 shares of company stock valued at $5,728,423 over the last quarter. Company insiders own 3.40% of the company’s stock.

About Juniper Networks

Juniper Networks, Inc designs, develops and sells products and services for high-performance networks to enable customers to build networks for their businesses. The Company sells its products in over 100 countries in three geographic regions: Americas; Europe, the Middle East and Africa, and Asia Pacific.new TradingView.widget({ “height”: 400, “width”: 625, “symbol”: “JNPR”, “interval”: “D”, “timezone”: “Etc/UTC”, “theme”: “White”, “style”: “1”, “locale”: “en”, “toolbar_bg”: “#f1f3f6”, “enable_publishing”: false, “hideideas”: true, “referral_id”: “2588”});

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