Norinchukin Bank The Has $531,000 Position in Juniper Networks, Inc. (NYSE:JNPR)

Norinchukin Bank The grew its position in Juniper Networks, Inc. (NYSE:JNPR) by 7.5% during the 4th quarter, according to the company in its most recent disclosure with the SEC. The firm owned 14,183 shares of the network equipment provider’s stock after purchasing an additional 985 shares during the period. Norinchukin Bank The’s holdings in Juniper Networks were worth $531,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. MML Investors Services LLC raised its stake in Juniper Networks by 9.1% during the 3rd quarter. MML Investors Services LLC now owns 11,066 shares of the network equipment provider’s stock worth $431,000 after buying an additional 921 shares during the period. Franklin Resources Inc. raised its position in shares of Juniper Networks by 20.2% during the third quarter. Franklin Resources Inc. now owns 210,338 shares of the network equipment provider’s stock worth $8,153,000 after purchasing an additional 35,337 shares during the period. Oddo BHF Asset Management Sas acquired a new stake in shares of Juniper Networks during the third quarter worth about $25,337,000. Principal Financial Group Inc. lifted its holdings in shares of Juniper Networks by 5.1% during the 3rd quarter. Principal Financial Group Inc. now owns 446,529 shares of the network equipment provider’s stock valued at $17,406,000 after purchasing an additional 21,651 shares in the last quarter. Finally, GAMMA Investing LLC grew its position in shares of Juniper Networks by 23.6% in the 4th quarter. GAMMA Investing LLC now owns 5,522 shares of the network equipment provider’s stock valued at $207,000 after purchasing an additional 1,056 shares during the period. 91.95% of the stock is owned by institutional investors.

Analysts Set New Price Targets

A number of research analysts have weighed in on the stock. StockNews.com lowered shares of Juniper Networks from a “strong-buy” rating to a “buy” rating in a research note on Friday, March 28th. Argus cut shares of Juniper Networks from a “buy” rating to a “hold” rating in a research report on Friday, February 7th. Barclays increased their target price on Juniper Networks from $37.00 to $39.00 and gave the stock an “equal weight” rating in a report on Wednesday, February 5th. Finally, Evercore ISI upgraded Juniper Networks from an “in-line” rating to an “outperform” rating and set a $40.00 price target on the stock in a report on Tuesday, February 4th. Five research analysts have rated the stock with a hold rating and two have assigned a buy rating to the company. Based on data from MarketBeat, Juniper Networks currently has an average rating of “Hold” and a consensus target price of $39.80.

Insider Activity

In other Juniper Networks news, COO Manoj Leelanivas sold 30,978 shares of the company’s stock in a transaction on Wednesday, February 26th. The shares were sold at an average price of $36.02, for a total transaction of $1,115,827.56. Following the sale, the chief operating officer now directly owns 94,771 shares of the company’s stock, valued at approximately $3,413,651.42. This represents a 24.63 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. 1.28% of the stock is currently owned by insiders.

Juniper Networks Stock Up 1.8 %

Juniper Networks stock opened at $34.65 on Wednesday. The company has a fifty day simple moving average of $35.56 and a 200 day simple moving average of $36.88. The company has a current ratio of 1.46, a quick ratio of 1.14 and a debt-to-equity ratio of 0.25. Juniper Networks, Inc. has a 1-year low of $33.42 and a 1-year high of $39.79. The company has a market cap of $11.55 billion, a P/E ratio of 40.29, a price-to-earnings-growth ratio of 2.20 and a beta of 0.84.

Juniper Networks (NYSE:JNPR) last released its earnings results on Tuesday, February 4th. The network equipment provider reported $0.45 earnings per share (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%. Research analysts anticipate that Juniper Networks, Inc. will post 1.33 earnings per share for the current fiscal year.

Juniper Networks Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Monday, March 24th. Stockholders of record on Monday, March 3rd were paid a dividend of $0.22 per share. This represents a $0.88 dividend on an annualized basis and a dividend yield of 2.54%. The ex-dividend date of this dividend was Monday, March 3rd. Juniper Networks’s dividend payout ratio is currently 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.