Xponance Inc. Has $1.68 Million Holdings in Juniper Networks, Inc. (NYSE:JNPR)

Xponance Inc. cut its stake in Juniper Networks, Inc. (NYSE:JNPR) by 9.7% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 44,894 shares of the network equipment provider’s stock after selling 4,848 shares during the period. Xponance Inc.’s holdings in Juniper Networks were worth $1,681,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in the stock. Generali Asset Management SPA SGR acquired a new position in Juniper Networks in the 4th quarter worth $3,131,000. Signaturefd LLC boosted its stake in shares of Juniper Networks by 11.7% during the 4th quarter. Signaturefd LLC now owns 9,761 shares of the network equipment provider’s stock worth $366,000 after buying an additional 1,024 shares during the last quarter. Cibc World Markets Corp boosted its stake in shares of Juniper Networks by 17.4% during the 4th quarter. Cibc World Markets Corp now owns 52,174 shares of the network equipment provider’s stock worth $1,954,000 after buying an additional 7,741 shares during the last quarter. Natixis Advisors LLC boosted its stake in shares of Juniper Networks by 209.3% during the 4th quarter. Natixis Advisors LLC now owns 85,977 shares of the network equipment provider’s stock worth $3,220,000 after buying an additional 58,178 shares during the last quarter. Finally, Skandinaviska Enskilda Banken AB publ boosted its stake in shares of Juniper Networks by 18.5% during the 4th quarter. Skandinaviska Enskilda Banken AB publ now owns 146,935 shares of the network equipment provider’s stock worth $5,488,000 after buying an additional 22,899 shares during the last quarter. 91.95% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

JNPR has been the subject of a number of recent research reports. StockNews.com upgraded shares of Juniper Networks from a “buy” rating to a “strong-buy” rating in a research note on Thursday. Evercore ISI upgraded shares of Juniper Networks from an “in-line” rating to an “outperform” rating and set a $40.00 price objective for the company in a research note on Tuesday, February 4th. Argus downgraded shares of Juniper Networks from a “buy” rating to a “hold” rating in a research note on Friday, February 7th. Finally, Barclays increased 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 note on Wednesday, February 5th. Five research analysts have rated the stock with a hold rating, one has issued a buy rating and one has assigned a strong buy rating to the company. According to MarketBeat, the company currently has an average rating of “Hold” and an average price target of $39.80.

Juniper Networks Trading Down 0.3 %

Shares of NYSE:JNPR opened at $36.07 on Friday. Juniper Networks, Inc. has a 52-week low of $33.72 and a 52-week high of $39.79. The company has a market capitalization of $12.02 billion, a P/E ratio of 41.94, a price-to-earnings-growth ratio of 2.20 and a beta of 0.86. The company has a 50-day simple moving average of $36.50 and a 200 day simple moving average of $37.49. The company has a debt-to-equity ratio of 0.25, a quick ratio of 1.14 and a current ratio of 1.46.

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

Juniper Networks Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Monday, March 24th. Shareholders 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 annualized dividend and a yield of 2.44%. Juniper Networks’s dividend payout ratio is currently 102.33%.

Insider Buying and Selling at Juniper Networks

In other Juniper Networks news, COO Manoj Leelanivas sold 30,978 shares of the stock in a transaction dated Wednesday, February 26th. The shares were 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 directly owns 94,771 shares of the company’s stock, valued at $3,413,651.42. This represents a 24.63 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Insiders own 1.28% of the company’s stock.

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.