Public Employees Retirement System of Ohio Has $4.47 Million Stock Holdings in Juniper Networks, Inc. (NYSE:JNPR)

Public Employees Retirement System of Ohio trimmed its holdings in shares of Juniper Networks, Inc. (NYSE:JNPR - Free Report) by 6.2% during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 119,477 shares of the network equipment provider's stock after selling 7,920 shares during the quarter. Public Employees Retirement System of Ohio's holdings in Juniper Networks were worth $4,474,000 as of its most recent filing with the SEC.

Other institutional investors also recently made changes to their positions in the company. Hollencrest Capital Management bought a new stake in shares of Juniper Networks during the 4th quarter valued at about $38,000. EverSource Wealth Advisors LLC grew its position in shares of 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 acquiring an additional 363 shares during the last quarter. Huntington National Bank increased its holdings in shares of Juniper Networks by 91.9% in the 4th quarter. Huntington National Bank now owns 1,263 shares of the network equipment provider's stock worth $47,000 after acquiring an additional 605 shares during the period. Larson Financial Group LLC lifted its position in Juniper Networks by 139.5% in the 4th quarter. Larson Financial Group LLC now owns 1,794 shares of the network equipment provider's stock valued at $67,000 after purchasing an additional 1,045 shares during the last quarter. Finally, Smartleaf Asset Management LLC lifted its position in Juniper Networks by 41.5% in the 4th quarter. Smartleaf Asset Management LLC now owns 2,099 shares of the network equipment provider's stock valued at $78,000 after purchasing an additional 616 shares during the last quarter. 91.95% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

Several research analysts have commented on JNPR shares. Barclays upped their target price on shares of Juniper Networks from $39.00 to $40.00 and gave the stock an "equal weight" rating in a research report on Monday, May 5th. Evercore ISI upgraded Juniper Networks from an "in-line" rating to an "outperform" rating and set a $40.00 target price on the stock in a research report on Tuesday, February 4th. Rosenblatt Securities reaffirmed a "neutral" rating and set a $40.00 target price on shares of Juniper Networks in a research note on Friday, May 2nd. Argus lowered Juniper Networks from a "buy" rating to a "hold" rating in a report on Friday, February 7th. Finally, Wall Street Zen upgraded shares of Juniper Networks from a "buy" rating to a "strong-buy" rating 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 assigned a strong buy rating to the company. According to data from MarketBeat.com, the company has an average rating of "Hold" and a consensus target price of $40.00.

Juniper Networks Price Performance

Shares of JNPR traded up $0.08 during mid-day trading on Tuesday, hitting $35.95. The company's stock had a trading volume of 1,720,833 shares, compared to its average volume of 3,247,609. The firm has a 50-day moving average price of $35.60 and a 200 day moving average price of $36.31. The stock has a market capitalization of $12.02 billion, a price-to-earnings ratio of 41.80, a PEG ratio of 2.20 and a beta of 0.82. The company has a debt-to-equity ratio of 0.25, a current ratio of 1.46 and a quick ratio of 1.14. Juniper Networks, Inc. has a fifty-two week low of $33.42 and a fifty-two week high of $39.79.

Juniper Networks (NYSE:JNPR - Get Free Report) last released its quarterly 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 7.57% and a net margin of 5.67%. The business had revenue of $1.28 billion during the quarter, compared to analyst estimates of $1.28 billion. During the same quarter last year, the company posted $0.29 EPS. Juniper Networks's revenue for the quarter was up 11.4% on a year-over-year basis. On average, research analysts predict that Juniper Networks, Inc. will post 1.33 EPS for the current fiscal year.

Juniper Networks Dividend Announcement

The company 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 dividend of $0.22 per share. This represents a $0.88 annualized dividend and a 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 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.