OMERS ADMINISTRATION Corp Lowers Position in Juniper Networks, Inc. (NYSE:JNPR)

OMERS ADMINISTRATION Corp trimmed its holdings in shares of Juniper Networks, Inc. (NYSE:JNPR - Free Report) by 64.6% during the fourth quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 13,440 shares of the network equipment provider's stock after selling 24,490 shares during the period. OMERS ADMINISTRATION Corp's holdings in Juniper Networks were worth $503,000 as of its most recent filing with the SEC.

A number of other institutional investors also recently modified their holdings of the stock. Occudo Quantitative Strategies LP bought a new stake in Juniper Networks in the 4th quarter valued at about $526,000. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its stake in shares of Juniper Networks by 10.7% in the fourth quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 169,604 shares of the network equipment provider's stock worth $6,352,000 after purchasing an additional 16,411 shares during the last quarter. Laird Norton Wetherby Wealth Management LLC raised its position in Juniper Networks by 1.9% in the 4th quarter. Laird Norton Wetherby Wealth Management LLC now owns 17,413 shares of the network equipment provider's stock valued at $652,000 after buying an additional 330 shares during the last quarter. Lighthouse Investment Partners LLC bought a new stake in shares of Juniper Networks in the 4th quarter worth $1,715,000. Finally, Janus Henderson Group PLC boosted its holdings in Juniper Networks by 2.3% during the fourth quarter. Janus Henderson Group PLC now owns 33,624 shares of the network equipment provider's stock worth $1,260,000 after purchasing an additional 758 shares during the last quarter. Institutional investors and hedge funds own 91.95% of the company's stock.

Juniper Networks Stock Performance

NYSE JNPR traded down $0.03 during trading on Thursday, hitting $35.96. 1,757,662 shares of the company's stock traded hands, compared to its average volume of 3,265,595. 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 has a market capitalization of $12.02 billion, a price-to-earnings ratio of 41.82, a PEG ratio of 2.20 and a beta of 0.82. Juniper Networks, Inc. has a 12-month low of $33.42 and a 12-month high of $39.79. The business has a 50 day moving average of $35.63 and a 200-day moving average of $36.49.

Juniper Networks (NYSE:JNPR - Get Free Report) last posted 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 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 company's quarterly revenue was up 11.4% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $0.29 earnings per share. As a group, equities research analysts anticipate that Juniper Networks, Inc. will post 1.33 earnings per share for the current fiscal year.

Juniper Networks Dividend Announcement

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

Insider Buying and Selling at Juniper Networks

In other Juniper Networks news, COO Manoj Leelanivas sold 30,978 shares of the firm's stock in a transaction on Wednesday, February 26th. The shares were 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 directly owns 94,771 shares of the company's stock, valued at $3,413,651.42. This trade represents a 24.63% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Insiders own 1.37% of the company's stock.

Analyst Ratings Changes

Several equities analysts have recently issued reports on JNPR shares. Argus lowered Juniper Networks from a "buy" rating to a "hold" rating in a report on Friday, February 7th. Wall Street Zen upgraded Juniper Networks from a "buy" rating to a "strong-buy" rating in a research note on Friday, May 2nd. Rosenblatt Securities restated a "neutral" rating and set a $40.00 price objective on shares of Juniper Networks in a report on Friday, May 2nd. Evercore ISI raised 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. Finally, Barclays increased 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 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's stock. According to MarketBeat.com, the stock has an average rating of "Hold" and a consensus target price of $40.00.

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.