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

Crossmark Global Holdings Inc. lifted its holdings in Juniper Networks, Inc. (NYSE:JNPR - Free Report) by 2.2% during the first quarter, according to its most recent Form 13F filing with the 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 0.12% of Juniper Networks worth $14,110,000 as of its most recent filing with the SEC.

A number of other institutional investors have also made changes to their positions in the business. Hollencrest Capital Management acquired a new stake in Juniper Networks during the fourth quarter worth about $38,000. EverSource Wealth Advisors LLC grew its position in 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. MassMutual Private Wealth & Trust FSB grew its position in Juniper Networks by 30.1% during the first quarter. MassMutual Private Wealth & Trust FSB now owns 1,224 shares of the network equipment provider's stock worth $44,000 after buying an additional 283 shares in the last quarter. Huntington National Bank grew its position in 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 in the last quarter. Finally, Hexagon Capital Partners LLC grew its position 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 buying an additional 387 shares in the last quarter. 91.95% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

A number of equities research analysts recently weighed in on JNPR shares. Wall Street Zen raised Juniper Networks from a "buy" rating to a "strong-buy" rating in a research report on Friday, May 2nd. Barclays lifted their target price on Juniper Networks from $39.00 to $40.00 and gave the stock an "equal weight" rating in a research report on Monday, May 5th. Finally, Rosenblatt Securities reaffirmed a "neutral" rating and set a $40.00 price objective on shares of Juniper Networks in a 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 company's stock. Based on data from MarketBeat.com, the stock has a consensus rating of "Hold" and an average target price of $40.00.

Juniper Networks Stock Performance

NYSE JNPR remained flat at $39.95 during trading on Monday. 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 firm has a fifty day simple moving average of $36.52 and a 200 day simple moving average of $36.39. The firm has a market cap of $13.36 billion, a PE ratio of 38.05, a PEG ratio of 2.20 and a beta of 0.80. Juniper Networks, Inc. has a 12 month low of $33.42 and a 12 month high of $39.96.

Juniper Networks (NYSE:JNPR - Get Free Report) last released 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 company had revenue of $1.28 billion for the quarter, compared to the consensus estimate of $1.28 billion. Juniper Networks had a return on equity of 8.71% and a net margin of 6.78%. The company's quarterly revenue was up 11.4% on a year-over-year basis. During the same period in the previous year, the business earned $0.29 earnings per share. On average, sell-side analysts forecast that Juniper Networks, Inc. will post 1.33 EPS for the current year.

Juniper Networks Announces Dividend

The firm 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. This represents a $0.88 annualized dividend and a dividend yield of 2.20%. The ex-dividend date of this dividend was Monday, June 2nd. 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.