Juniper Networks, Inc. (NYSE:JNPR) Shares Sold by Cetera Investment Advisers

Cetera Investment Advisers lowered its stake in shares of Juniper Networks, Inc. (NYSE:JNPR - Free Report) by 57.4% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 12,809 shares of the network equipment provider's stock after selling 17,269 shares during the quarter. Cetera Investment Advisers' holdings in Juniper Networks were worth $480,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the stock. Norges Bank acquired a new position in shares of Juniper Networks in the 4th quarter valued at $262,618,000. FIL Ltd grew its position in Juniper Networks by 20.5% in the 4th quarter. FIL Ltd now owns 12,752,814 shares of the network equipment provider's stock valued at $477,593,000 after buying an additional 2,167,567 shares during the last quarter. Amundi grew its position in Juniper Networks by 60.1% in the 4th quarter. Amundi now owns 4,157,158 shares of the network equipment provider's stock valued at $159,510,000 after buying an additional 1,559,884 shares during the last quarter. Melqart Asset Management UK Ltd purchased a new position in Juniper Networks in the 4th quarter valued at $43,413,000. Finally, Invesco Ltd. grew its position in Juniper Networks by 17.8% in the 4th quarter. Invesco Ltd. now owns 6,525,290 shares of the network equipment provider's stock valued at $244,372,000 after buying an additional 987,431 shares during the last quarter. Institutional investors and hedge funds own 91.95% of the company's stock.

Juniper Networks Trading Down 0.1%

NYSE:JNPR traded down $0.04 on Friday, reaching $35.91. The stock had a trading volume of 3,476,348 shares, compared to its average volume of 3,254,937. The company has a market cap of $12.01 billion, a price-to-earnings ratio of 41.76, a P/E/G ratio of 2.20 and a beta of 0.82. The company has a debt-to-equity ratio of 0.25, a current ratio of 1.46 and a quick ratio of 1.14. The firm's fifty day moving average is $35.61 and its two-hundred day moving average is $36.32. Juniper Networks, Inc. has a 12-month low of $33.42 and a 12-month high of $39.79.

Juniper Networks (NYSE:JNPR - Get Free Report) last released its earnings results on Thursday, May 1st. The network equipment provider reported $0.43 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.41 by $0.02. The company 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%. The firm's quarterly revenue was up 11.4% on a year-over-year basis. During the same period in the prior year, the firm earned $0.29 EPS. Equities analysts expect that Juniper Networks, Inc. will post 1.33 EPS for the current fiscal year.

Juniper Networks Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Monday, June 23rd. Stockholders of record on Monday, June 2nd will be paid a dividend of $0.22 per share. This represents a $0.88 dividend on an annualized basis and a dividend yield of 2.45%. The ex-dividend date is Monday, June 2nd. Juniper Networks's dividend payout ratio is currently 83.81%.

Analysts Set New Price Targets

A number of equities analysts recently weighed in on the stock. Evercore ISI upgraded 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 research report on Tuesday, February 4th. Barclays lifted their price objective on shares of Juniper Networks from $39.00 to $40.00 and gave the company an "equal weight" rating in a research report on Monday, May 5th. Wall Street Zen upgraded shares of Juniper Networks from a "buy" rating to a "strong-buy" rating in a research report on Friday, May 2nd. Argus lowered shares of Juniper Networks from a "buy" rating to a "hold" rating in a research report on Friday, February 7th. Finally, Rosenblatt Securities reiterated a "neutral" rating and issued a $40.00 price objective on shares of Juniper Networks in a research report on Friday, May 2nd. Five analysts have rated the stock with a hold rating, one has assigned a buy rating and one has given a strong buy rating to the stock. Based on data from MarketBeat, the company presently has a consensus rating of "Hold" and a consensus price target of $40.00.

About Juniper Networks

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.