Juniper Networks Inc. (JNPR)

Dimensional Fund Advisors LP Sells 519,804 Shares of Juniper Networks, Inc. (NYSE:JNPR)

Dimensional Fund Advisors LP reduced its position in shares of Juniper Networks, Inc. (NYSE:JNPR – Free Report) by 10.7% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 4,360,425 shares of the network equipment provider’s stock after selling 519,804 shares during the quarter. Dimensional Fund Advisors LP owned about 1.37% of Juniper Networks worth $128,546,000 at the end of the most recent quarter. Several other institutional investors and hedge funds have also added to or reduced their stakes in the company. GAMMA Investing LLC purchased a new stake in shares of Juniper Networks in the fourth quarter worth approximately $28,000. Hartford Financial Management Inc. lifted its stake in Juniper Networks by 51.3% during 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. Blue Trust Inc. boosted its holdings in Juniper Networks by 34.4% during the 4th quarter. Blue Trust Inc. now owns 1,439 shares of the network equipment provider’s stock worth $40,000 after acquiring an additional 368 shares during the last quarter. Lindbrook Capital LLC boosted its holdings in Juniper Networks by 90.9% during the 4th quarter. Lindbrook Capital LLC now owns 1,531 shares of the network equipment provider’s stock worth $45,000 after acquiring an additional 729 shares during the last quarter. Finally, Principal Securities Inc. bought a new stake in shares of Juniper Networks in the 4th quarter worth $52,000. Institutional investors own 91.95% of the company’s stock. Analysts Set New Price Targets Several research analysts recently weighed in on JNPR shares. StockNews.com assumed coverage on shares of Juniper Networks in a report on Sunday. They set a “hold” rating on the stock. Needham & Company LLC restated a “hold” rating on shares of Juniper Networks in a research note on Friday, April 26th. Finally, Barclays increased their price target on Juniper Networks from $40.00 to $41.00 and gave the company an “equal weight” rating in a research report on Friday, April 26th. Eleven equities research analysts have rated the stock with a hold rating and two have issued a buy rating to the stock. Based on data from MarketBeat, the stock has a consensus rating of “Hold” and a consensus target price of $34.55. Check Out Our Latest Analysis on JNPR Insider Activity In related news, COO Manoj Leelanivas sold 79,267 shares of the stock in a transaction on Tuesday, February 20th. The stock was sold at an average price of $36.97, for a total value of $2,930,500.99. Following the transaction, the chief operating officer now owns 69,337 shares of the company’s stock, valued at $2,563,388.89. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. In other news, 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 value of $190,262.94. Following the completion of the sale, the senior vice president now owns 36,061 shares of the company’s stock, valued at approximately $1,326,323.58. The transaction was disclosed in a filing with the SEC, which is available at this hyperlink. Also, COO Manoj Leelanivas sold 79,267 shares of the firm’s stock in a transaction that occurred on Tuesday, February 20th. The stock was sold at an average price of $36.97, for a total value of $2,930,500.99. Following the transaction, the chief operating officer now owns 69,337 shares in the company, valued at $2,563,388.89. The disclosure for this sale can be found here. In the last quarter, insiders have sold 132,770 shares of company stock worth $4,852,970. 1.28% of the stock is currently owned by corporate insiders. Juniper Networks Price Performance Shares of NYSE:JNPR opened at $34.64 on Monday. The company has a 50 day moving average of $36.03 and a 200 day moving average of $33.81. The company has a current ratio of 1.74, a quick ratio of 1.27 and a debt-to-equity ratio of 0.36. The stock has a market cap of $11.26 billion, a P/E ratio of 50.20, a P/E/G ratio of 8.71 and a beta of 0.98. Juniper Networks, Inc. has a 12 month low of $24.87 and a 12 month high of $38.04. Juniper Networks (NYSE:JNPR – Get Free Report) last issued its quarterly earnings data on Thursday, April 25th. The network equipment provider reported $0.09 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.18 by ($0.09). The business had revenue of $1.15 billion during the quarter, compared to analysts’ expectations of $1.23 billion. Juniper Networks had a return on equity of 10.02% and a net margin of 4.19%. As a group, sell-side analysts forecast that Juniper Networks, Inc. will post 1.12 EPS for the current fiscal year. Juniper Networks Announces Dividend The business also recently disclosed a quarterly dividend, which will be paid on Monday, June 24th. Stockholders of record on Monday, June 3rd will be given a dividend of $0.22 per share. This represents a $0.88 annualized dividend and a dividend yield of 2.54%. The ex-dividend date of this dividend is Monday, June 3rd. Juniper Networks’s dividend payout ratio (DPR) is currently 127.54%. Juniper Networks Company 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.