Quantinno Capital Management LP Has $4.61 Million Holdings in Juniper Networks, Inc. (NYSE:JNPR)

Quantinno Capital Management LP trimmed its stake in Juniper Networks, Inc. (NYSE:JNPR - Free Report) by 14.3% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 123,194 shares of the network equipment provider's stock after selling 20,536 shares during the period. Quantinno Capital Management LP's holdings in Juniper Networks were worth $4,614,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Vanguard Group Inc. grew its position in Juniper Networks by 1.4% during the fourth quarter. Vanguard Group Inc. now owns 43,264,855 shares of the network equipment provider's stock worth $1,620,269,000 after buying an additional 599,214 shares in the last quarter. FIL Ltd raised its holdings 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 acquiring an additional 2,167,567 shares in the last quarter. Geode Capital Management LLC lifted its position in shares of Juniper Networks by 3.7% in the 4th quarter. Geode Capital Management LLC now owns 9,897,002 shares of the network equipment provider's stock worth $370,461,000 after acquiring an additional 356,672 shares during the period. Norges Bank acquired a new stake in shares of Juniper Networks during the 4th quarter worth approximately $262,618,000. Finally, Invesco Ltd. grew its holdings in shares of Juniper Networks by 17.8% during the 4th quarter. Invesco Ltd. now owns 6,525,290 shares of the network equipment provider's stock worth $244,372,000 after purchasing an additional 987,431 shares in the last quarter. Institutional investors own 91.95% of the company's stock.

Insider Transactions at Juniper Networks

In other Juniper Networks news, COO Manoj Leelanivas sold 30,978 shares of Juniper Networks stock in a transaction on Wednesday, February 26th. The stock was sold at an average price of $36.02, for a total value of $1,115,827.56. Following the completion of the transaction, the chief operating officer now owns 94,771 shares in the company, valued at approximately $3,413,651.42. The trade was a 24.63% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. 1.37% of the stock is owned by company insiders.

Wall Street Analyst Weigh In

A number of brokerages recently commented on JNPR. Argus lowered Juniper Networks from a "buy" rating to a "hold" rating in a research note on Friday, February 7th. Rosenblatt Securities restated a "neutral" rating and issued a $40.00 price objective on shares of Juniper Networks in a research note on Friday, May 2nd. StockNews.com raised shares of Juniper Networks from a "buy" rating to a "strong-buy" rating in a report on Friday, May 2nd. Barclays upped their target price on shares of 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, Evercore ISI raised shares of Juniper Networks from an "in-line" rating to an "outperform" rating and set a $40.00 price target for the company in a research report on Tuesday, February 4th. Five equities research analysts have rated the stock with a hold rating, one has issued a buy rating and one has given a strong buy rating to the company. According to MarketBeat.com, the company has an average rating of "Hold" and an average target price of $40.00.

Juniper Networks Price Performance

Shares of NYSE JNPR traded down $0.17 during midday trading on Wednesday, reaching $35.97. 2,970,623 shares of the company traded hands, compared to its average volume of 3,262,936. Juniper Networks, Inc. has a 12 month low of $33.42 and a 12 month high of $39.79. The company has a debt-to-equity ratio of 0.25, a quick ratio of 1.14 and a current ratio of 1.46. The stock's 50-day simple moving average is $35.62 and its 200-day simple moving average is $36.49. The firm has a market cap of $12.03 billion, a PE ratio of 41.82, a PEG ratio of 2.20 and a beta of 0.82.

Juniper Networks (NYSE:JNPR - Get Free Report) last announced its quarterly earnings results on Thursday, May 1st. The network equipment provider reported $0.43 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.41 by $0.02. The firm had revenue of $1.28 billion during the quarter, compared to the consensus estimate 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 last year, the firm posted $0.29 EPS. As a group, equities analysts anticipate that Juniper Networks, Inc. will post 1.33 earnings per share for the current fiscal year.

Juniper Networks Announces Dividend

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

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.