Juniper Networks, Inc. (NYSE:JNPR) Shares Sold by Dimensional Fund Advisors LP

Dimensional Fund Advisors LP decreased its holdings in Juniper Networks, Inc. (NYSE:JNPR - Free Report) by 2.5% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 2,881,831 shares of the network equipment provider's stock after selling 74,438 shares during the period. Dimensional Fund Advisors LP owned about 0.87% of Juniper Networks worth $107,923,000 as of its most recent filing with the Securities & Exchange Commission.

Other large investors have also modified their holdings of the company. Hollencrest Capital Management acquired a new position in Juniper Networks during the 4th quarter worth $38,000. EverSource Wealth Advisors LLC grew its position in shares of Juniper Networks by 47.8% during the fourth quarter. EverSource Wealth Advisors LLC now owns 1,123 shares of the network equipment provider's stock worth $42,000 after buying an additional 363 shares in the last quarter. Huntington National Bank increased its stake in shares of Juniper Networks by 91.9% during the fourth quarter. Huntington National Bank now owns 1,263 shares of the network equipment provider's stock worth $47,000 after buying an additional 605 shares during the period. Larson Financial Group LLC raised its holdings in Juniper Networks by 139.5% in the fourth quarter. Larson Financial Group LLC now owns 1,794 shares of the network equipment provider's stock valued at $67,000 after acquiring an additional 1,045 shares in the last quarter. Finally, Smartleaf Asset Management LLC lifted its stake in Juniper Networks by 41.5% in the fourth quarter. Smartleaf Asset Management LLC now owns 2,099 shares of the network equipment provider's stock worth $78,000 after acquiring an additional 616 shares during the last quarter. Hedge funds and other institutional investors own 91.95% of the company's stock.

Insider Activity at Juniper Networks

In other Juniper Networks news, COO Manoj Leelanivas sold 30,978 shares of the firm's stock in a transaction dated 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 completion of the transaction, the chief operating officer now directly owns 94,771 shares in the company, valued at approximately $3,413,651.42. This trade represents a 24.63 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. 1.28% of the stock is owned by insiders.

Juniper Networks Stock Performance

Shares of Juniper Networks stock traded up $0.35 during trading on Friday, reaching $36.70. The company's stock had a trading volume of 1,482,898 shares, compared to its average volume of 3,220,455. 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 50-day moving average price of $35.51 and a two-hundred day moving average price of $36.75. The company has a current ratio of 1.46, a quick ratio of 1.14 and a debt-to-equity ratio of 0.25. The firm has a market cap of $12.27 billion, a PE ratio of 42.67, a P/E/G ratio of 2.20 and a beta of 0.84.

Juniper Networks (NYSE:JNPR - Get Free Report) last posted its quarterly earnings data on Thursday, May 1st. The network equipment provider reported $0.43 earnings per share for the quarter, beating analysts' consensus estimates of $0.41 by $0.02. The firm had revenue of $1.28 billion for the quarter, compared to analyst estimates of $1.28 billion. Juniper Networks had a net margin of 5.67% and a return on equity of 7.57%. Juniper Networks's quarterly revenue was up 11.4% on a year-over-year basis. During the same period last year, the firm posted $0.29 EPS. On average, analysts forecast that Juniper Networks, Inc. will post 1.33 EPS for the current year.

Juniper Networks Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Monday, March 24th. Investors of record on Monday, March 3rd were issued a dividend of $0.22 per share. The ex-dividend date was Monday, March 3rd. This represents a $0.88 annualized dividend and a yield of 2.40%. Juniper Networks's dividend payout ratio is currently 102.33%.

Wall Street Analysts Forecast Growth

A number of equities research analysts have commented on JNPR shares. StockNews.com downgraded shares of Juniper Networks from a "strong-buy" rating to a "buy" rating in a research report on Friday, March 28th. Barclays upped their price objective on Juniper Networks from $37.00 to $39.00 and gave the stock an "equal weight" rating in a research report on Wednesday, February 5th. Argus downgraded Juniper Networks from a "buy" rating to a "hold" rating in a report on Friday, February 7th. Evercore ISI raised shares of 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, Rosenblatt Securities restated a "neutral" rating and issued a $40.00 target price on shares of Juniper Networks in a report on Friday. Five investment analysts have rated the stock with a hold rating and two have given a buy rating to the company. According to data from MarketBeat.com, the stock has an average rating of "Hold" and a consensus price target of $39.80.

Juniper Networks 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.