Union Bancaire Privee UBP SA Lowers Stock Holdings in Juniper Networks, Inc. (NYSE:JNPR)

Union Bancaire Privee UBP SA cut its holdings in Juniper Networks, Inc. (NYSE:JNPR - Free Report) by 3.6% during the first quarter, according to its most recent Form 13F filing with the SEC. The fund owned 234,052 shares of the network equipment provider's stock after selling 8,694 shares during the period. Union Bancaire Privee UBP SA owned 0.07% of Juniper Networks worth $7,915,000 at the end of the most recent reporting period.

Other large investors have also recently added to or reduced their stakes in the company. Hollencrest Capital Management acquired a new position in Juniper Networks during the fourth quarter worth $38,000. EverSource Wealth Advisors LLC lifted its stake 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 purchasing an additional 363 shares in the last quarter. MassMutual Private Wealth & Trust FSB lifted its stake 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 purchasing an additional 283 shares in the last quarter. Huntington National Bank lifted its stake 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 purchasing an additional 605 shares in the last quarter. Finally, Larson Financial Group LLC increased its position in shares of Juniper Networks by 139.5% during the fourth quarter. Larson Financial Group LLC now owns 1,794 shares of the network equipment provider's stock worth $67,000 after acquiring an additional 1,045 shares during the period. 91.95% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

A number of research firms have recently weighed in on JNPR. Wall Street Zen raised Juniper Networks from a "buy" rating to a "strong-buy" rating in a research report on Friday, May 2nd. 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. Finally, Barclays raised their price objective 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 issued a buy rating and one has given a strong buy rating to the company. According to MarketBeat, the stock presently has a consensus rating of "Hold" and an average price target of $40.00.

Juniper Networks Price Performance

Shares of JNPR stock traded down $0.19 during midday trading on Friday, reaching $35.73. 1,723,568 shares of the company traded hands, compared to its average volume of 3,268,680. The firm's 50 day simple moving average is $35.70 and its two-hundred day simple moving average is $36.31. Juniper Networks, Inc. has a 1-year low of $33.42 and a 1-year high of $39.79. The company has a debt-to-equity ratio of 0.25, a current ratio of 1.46 and a quick ratio of 1.14. The firm has a market cap of $11.95 billion, a PE ratio of 41.55, a price-to-earnings-growth ratio of 2.20 and a beta of 0.78.

Juniper Networks (NYSE:JNPR - Get Free Report) last issued its quarterly earnings data on Thursday, May 1st. The network equipment provider reported $0.43 earnings per share for the quarter, topping analysts' consensus estimates of $0.41 by $0.02. Juniper Networks had a net margin of 5.67% and a return on equity of 7.57%. The business had revenue of $1.28 billion during the quarter, compared to analysts' expectations of $1.28 billion. During the same period last year, the company posted $0.29 EPS. The company's revenue was up 11.4% on a year-over-year basis. On average, equities research analysts expect that Juniper Networks, Inc. will post 1.33 EPS for the current fiscal year.

Juniper Networks Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, June 23rd. Stockholders of record on Monday, June 2nd will be paid a dividend of $0.22 per share. The ex-dividend date of this dividend is Monday, June 2nd. This represents a $0.88 dividend on an annualized basis and a dividend yield of 2.46%. Juniper Networks's dividend payout ratio (DPR) is 83.81%.

About Juniper Networks

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.