Crossmark Global Holdings Inc. Has $14.11 Million Stock Holdings in Juniper Networks, Inc. (NYSE:JNPR)

Crossmark Global Holdings Inc. increased its holdings in Juniper Networks, Inc. (NYSE:JNPR - Free Report) by 2.2% in the 1st quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor 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 hedge funds have also recently added to or reduced their stakes in JNPR. US Bancorp DE grew its stake in Juniper Networks by 4.5% during the fourth quarter. US Bancorp DE now owns 15,394 shares of the network equipment provider's stock worth $577,000 after buying an additional 660 shares during the last quarter. Elevation Point Wealth Partners LLC grew its stake in Juniper Networks by 7.0% during the first quarter. Elevation Point Wealth Partners LLC now owns 5,795 shares of the network equipment provider's stock worth $210,000 after buying an additional 380 shares during the last quarter. Proficio Capital Partners LLC bought a new stake in Juniper Networks during the fourth quarter worth about $1,926,000. Asset Management One Co. Ltd. grew its stake in Juniper Networks by 4.1% during the first quarter. Asset Management One Co. Ltd. now owns 163,764 shares of the network equipment provider's stock worth $5,927,000 after buying an additional 6,426 shares during the last quarter. Finally, Bessemer Group Inc. grew its stake in Juniper Networks by 18.2% during the first quarter. Bessemer Group Inc. now owns 3,437 shares of the network equipment provider's stock worth $125,000 after buying an additional 530 shares during the last quarter. Institutional investors and hedge funds own 91.95% of the company's stock.

Analyst Ratings Changes

Several research firms have recently commented on JNPR. Wall Street Zen raised shares of Juniper Networks from a "buy" rating to a "strong-buy" rating in a research note on Friday, May 2nd. Rosenblatt Securities reissued a "neutral" rating and set a $40.00 price target on shares of Juniper Networks in a research note on Friday, May 2nd. Finally, Barclays increased their price objective on shares of Juniper Networks from $39.00 to $40.00 and gave the company an "equal weight" rating in a report on Monday, May 5th. Five equities research analysts have rated the stock with a hold rating, one has assigned a buy rating and one has assigned a strong buy rating to the company. According to data from MarketBeat, the company has an average rating of "Hold" and an average price target of $40.00.

Juniper Networks Stock Performance

Shares of NYSE:JNPR opened at $39.95 on Monday. Juniper Networks, Inc. has a 12 month low of $33.42 and a 12 month 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 company's fifty day simple moving average is $36.52 and its 200 day simple moving average is $36.39. The firm has a market cap of $13.36 billion, a price-to-earnings ratio of 38.05, a PEG ratio of 2.20 and a beta of 0.80.

Juniper Networks (NYSE:JNPR - Get Free Report) last issued its quarterly earnings data on Thursday, May 1st. The network equipment provider reported $0.43 EPS for the quarter, topping analysts' consensus estimates of $0.41 by $0.02. Juniper Networks had a net margin of 6.78% and a return on equity of 8.71%. The business had revenue of $1.28 billion for the quarter, compared to analyst estimates of $1.28 billion. During the same period last year, the business posted $0.29 earnings per share. The firm's quarterly revenue was up 11.4% on a year-over-year basis. As a group, research analysts forecast that Juniper Networks, Inc. will post 1.33 EPS for the current fiscal year.

Juniper Networks Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Monday, June 23rd. Shareholders of record on Monday, June 2nd were paid a $0.22 dividend. The ex-dividend date was Monday, June 2nd. This represents a $0.88 annualized dividend and a yield of 2.20%. Juniper Networks's payout ratio is currently 83.81%.

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.

Want to see what other hedge funds are holding JNPR? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Juniper Networks, Inc. (NYSE:JNPR - Free Report).

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.