Crossmark Global Holdings Inc. Acquires 8,228 Shares of Juniper Networks, Inc. (NYSE:JNPR)

Crossmark Global Holdings Inc. increased its holdings in shares of Juniper Networks, Inc. (NYSE:JNPR - Free Report) by 2.2% in the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 389,874 shares of the network equipment provider's stock after purchasing an additional 8,228 shares during the period. Crossmark Global Holdings Inc. owned approximately 0.12% of Juniper Networks worth $14,110,000 at the end of the most recent quarter.

Several other large investors have also added to or reduced their stakes in the business. Envestnet Asset Management Inc. grew its stake in Juniper Networks by 1.8% during the first quarter. Envestnet Asset Management Inc. now owns 16,915 shares of the network equipment provider's stock worth $612,000 after purchasing an additional 293 shares during the period. Hexagon Capital Partners LLC grew its stake in Juniper Networks by 39.6% during the first quarter. Hexagon Capital Partners LLC now owns 1,364 shares of the network equipment provider's stock worth $49,000 after purchasing an additional 387 shares during the period. Penserra Capital Management LLC grew its stake in Juniper Networks by 39.3% during the first quarter. Penserra Capital Management LLC now owns 452,193 shares of the network equipment provider's stock worth $16,364,000 after purchasing an additional 127,587 shares during the period. IFM Investors Pty Ltd grew its stake in Juniper Networks by 3.6% during the first quarter. IFM Investors Pty Ltd now owns 82,559 shares of the network equipment provider's stock worth $3,218,000 after purchasing an additional 2,873 shares during the period. Finally, Checchi Capital Advisers LLC grew its stake in Juniper Networks by 7.6% during the first quarter. Checchi Capital Advisers LLC now owns 6,395 shares of the network equipment provider's stock worth $231,000 after purchasing an additional 452 shares during the period. Institutional investors and hedge funds own 91.95% of the company's stock.

Juniper Networks Stock Performance

Shares of JNPR stock remained flat at $39.95 during trading hours on Thursday. Juniper Networks, Inc. has a 52 week low of $33.42 and a 52 week high of $39.96. The company has a quick ratio of 1.16, a current ratio of 1.49 and a debt-to-equity ratio of 0.25. The stock's 50-day moving average is $36.75 and its 200 day moving average is $36.45. The stock has a market capitalization of $13.36 billion, a P/E ratio of 38.05, a price-to-earnings-growth ratio of 2.20 and a beta of 0.80.

Juniper Networks (NYSE:JNPR - Get Free Report) last posted its earnings results 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. Juniper Networks had a return on equity of 8.71% and a net margin of 6.78%. The company had revenue of $1.28 billion for the quarter, compared to analyst estimates of $1.28 billion. During the same quarter last year, the company earned $0.29 earnings per share. The company's revenue for the quarter was up 11.4% on a year-over-year basis. Analysts anticipate that Juniper Networks, Inc. will post 1.33 EPS for the current fiscal year.

Juniper Networks Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Monday, June 23rd. Stockholders of record on Monday, June 2nd were issued a $0.22 dividend. The ex-dividend date was Monday, June 2nd. This represents a $0.88 dividend on an annualized basis and a dividend yield of 2.20%. Juniper Networks's dividend payout ratio is presently 83.81%.

Analyst Ratings Changes

Several equities research analysts recently commented on JNPR shares. Wall Street Zen raised Juniper Networks from a "buy" rating to a "strong-buy" rating in a research note on Friday, May 2nd. Barclays raised their price objective on Juniper Networks from $39.00 to $40.00 and gave the company an "equal weight" rating in a research note on Monday, May 5th. Finally, Rosenblatt Securities reissued a "neutral" rating and issued a $40.00 price objective on shares of Juniper Networks in a research note on Friday, May 2nd. Five equities research 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 company. Based on data from MarketBeat, Juniper Networks presently has an average rating of "Hold" and a consensus target price 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.