Farther Finance Advisors LLC Cuts Stock Position in Juniper Networks, Inc. (NYSE:JNPR)

Farther Finance Advisors LLC trimmed its position in Juniper Networks, Inc. (NYSE:JNPR) by 46.9% during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 911 shares of the network equipment provider’s stock after selling 805 shares during the period. Farther Finance Advisors LLC’s holdings in Juniper Networks were worth $34,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Natixis Advisors LLC boosted its holdings in Juniper Networks by 38.6% in the 3rd quarter. Natixis Advisors LLC now owns 27,799 shares of the network equipment provider’s stock valued at $1,084,000 after purchasing an additional 7,745 shares in the last quarter. Pathstone Holdings LLC boosted its stake in shares of Juniper Networks by 2.9% in the third quarter. Pathstone Holdings LLC now owns 38,488 shares of the network equipment provider’s stock valued at $1,500,000 after buying an additional 1,093 shares in the last quarter. PNC Financial Services Group Inc. grew its holdings in Juniper Networks by 7.5% during the third quarter. PNC Financial Services Group Inc. now owns 44,857 shares of the network equipment provider’s stock worth $1,749,000 after acquiring an additional 3,141 shares during the period. Charles Schwab Investment Management Inc. raised its position in Juniper Networks by 1.1% in the third quarter. Charles Schwab Investment Management Inc. now owns 2,957,317 shares of the network equipment provider’s stock worth $115,276,000 after acquiring an additional 33,016 shares in the last quarter. Finally, Cerity Partners LLC lifted its holdings in Juniper Networks by 80.2% in the third quarter. Cerity Partners LLC now owns 17,324 shares of the network equipment provider’s stock valued at $675,000 after acquiring an additional 7,709 shares during the period. 91.95% of the stock is currently owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

A number of equities analysts have recently weighed in on JNPR shares. Evercore ISI raised shares of Juniper Networks from an “in-line” rating to an “outperform” rating and set a $40.00 price target on the stock in a research note on Tuesday, February 4th. Argus cut shares of Juniper Networks from a “buy” rating to a “hold” rating in a report on Friday, February 7th. Barclays lifted their price target on shares of Juniper Networks from $37.00 to $39.00 and gave the company an “equal weight” rating in a research report on Wednesday, February 5th. Finally, StockNews.com upgraded Juniper Networks from a “buy” rating to a “strong-buy” rating in a report on Thursday, March 20th. Five investment analysts have rated the stock with a hold rating, one has issued a buy rating and one has issued a strong buy rating to the company. According to data from MarketBeat.com, Juniper Networks presently has an average rating of “Hold” and an average target price of $39.80.

Insiders Place Their Bets

In other Juniper Networks news, COO Manoj Leelanivas sold 30,978 shares of the stock in a transaction on Wednesday, February 26th. The stock was sold at an average price of $36.02, for a total transaction of $1,115,827.56. Following the transaction, the chief operating officer now owns 94,771 shares of the company’s stock, valued at $3,413,651.42. This represents a 24.63 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through this link. 1.28% of the stock is owned by corporate insiders.

Juniper Networks Stock Up 0.1 %

JNPR stock opened at $36.10 on Tuesday. 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 12 month low of $33.72 and a 12 month high of $39.79. The firm has a market capitalization of $12.03 billion, a PE ratio of 41.98, a P/E/G ratio of 2.20 and a beta of 0.86. The company’s 50 day simple moving average is $36.46 and its 200-day simple moving average is $37.46.

Juniper Networks (NYSE:JNPR) last released its quarterly earnings results on Tuesday, February 4th. The network equipment provider reported $0.45 earnings per share for the quarter, missing the consensus estimate of $0.58 by ($0.13). Juniper Networks had a return on equity of 7.57% and a net margin of 5.67%. Equities analysts expect 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 was paid on Monday, March 24th. Shareholders of record on Monday, March 3rd were issued a $0.22 dividend. The ex-dividend date was Monday, March 3rd. This represents a $0.88 dividend on an annualized basis and a yield of 2.44%. Juniper Networks’s dividend payout ratio (DPR) is 102.33%.

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.