Farmers & Merchants Investments Inc. Decreases Stock Holdings in Juniper Networks, Inc. (NYSE:JNPR)

Farmers & Merchants Investments Inc. trimmed its position in shares of Juniper Networks, Inc. (NYSE:JNPRFree Report) by 1.4% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 21,448 shares of the network equipment provider’s stock after selling 300 shares during the period. Farmers & Merchants Investments Inc.’s holdings in Juniper Networks were worth $632,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds have also modified their holdings of JNPR. PNC Financial Services Group Inc. raised its holdings in shares of Juniper Networks by 8.7% during the 1st quarter. PNC Financial Services Group Inc. now owns 31,014 shares of the network equipment provider’s stock worth $1,153,000 after acquiring an additional 2,476 shares in the last quarter. Natixis Advisors L.P. purchased a new stake in shares of Juniper Networks during the 1st quarter worth approximately $1,036,000. MetLife Investment Management LLC raised its holdings in shares of Juniper Networks by 23.0% during the 1st quarter. MetLife Investment Management LLC now owns 88,358 shares of the network equipment provider’s stock worth $3,283,000 after acquiring an additional 16,513 shares in the last quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS raised its holdings in shares of Juniper Networks by 6.6% during the 1st quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS now owns 43,510 shares of the network equipment provider’s stock worth $1,617,000 after acquiring an additional 2,694 shares in the last quarter. Finally, Cibc World Market Inc. bought a new position in shares of Juniper Networks during the 1st quarter valued at approximately $3,756,000. 91.95% of the stock is owned by hedge funds and other institutional investors.

Juniper Networks Stock Performance

Shares of Juniper Networks stock opened at $36.91 on Wednesday. The stock’s fifty day moving average is $37.03 and its two-hundred day moving average is $31.75. The company has a market capitalization of $11.88 billion, a PE ratio of 38.85, a price-to-earnings-growth ratio of 7.59 and a beta of 0.98. The company has a quick ratio of 1.35, a current ratio of 1.80 and a debt-to-equity ratio of 0.36. Juniper Networks, Inc. has a 52 week low of $24.87 and a 52 week high of $38.04.

Juniper Networks (NYSE:JNPRGet Free Report) last posted its quarterly earnings results on Tuesday, January 30th. The network equipment provider reported $0.43 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.44 by ($0.01). Juniper Networks had a return on equity of 11.72% and a net margin of 5.57%. The firm had revenue of $1.36 billion for the quarter, compared to the consensus estimate of $1.41 billion. As a group, analysts expect that Juniper Networks, Inc. will post 1.37 earnings per share for the current year.

Juniper Networks Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Friday, March 22nd. Stockholders of record on Friday, March 1st were given a dividend of $0.22 per share. This represents a $0.88 dividend on an annualized basis and a dividend yield of 2.38%. The ex-dividend date was Thursday, February 29th. Juniper Networks’s payout ratio is 92.63%.

Wall Street Analysts Forecast Growth

Several equities analysts have recently weighed in on JNPR shares. Jefferies Financial Group reissued a “hold” rating and set a $40.00 target price (up previously from $35.00) on shares of Juniper Networks in a research report on Thursday, January 11th. Needham & Company LLC reissued a “hold” rating on shares of Juniper Networks in a research report on Wednesday, January 10th. StockNews.com started coverage on Juniper Networks in a research report on Monday. They set a “hold” rating on the stock. Barclays reissued an “equal weight” rating on shares of Juniper Networks in a research report on Wednesday, January 10th. Finally, Rosenblatt Securities boosted their target price on Juniper Networks from $31.00 to $40.00 and gave the company a “neutral” rating in a research report on Wednesday, January 10th. Eleven research analysts have rated the stock with a hold rating and two have assigned a buy rating to the stock. According to MarketBeat, Juniper Networks currently has a consensus rating of “Hold” and a consensus price target of $34.27.

Check Out Our Latest Stock Analysis on Juniper Networks

Insider Transactions at Juniper Networks

In other news, CEO Rami Rahim sold 5,555 shares of the stock in a transaction on Wednesday, March 6th. The stock was sold at an average price of $37.43, for a total transaction of $207,923.65. Following the transaction, the chief executive officer now owns 1,008,479 shares of the company’s stock, valued at approximately $37,747,368.97. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. In related news, SVP Robert Mobassaly sold 5,496 shares of the company’s stock in a transaction on Tuesday, January 9th. The stock was sold at an average price of $36.35, for a total transaction of $199,779.60. Following the completion of the sale, the senior vice president now directly owns 30,888 shares in the company, valued at approximately $1,122,778.80. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, CEO Rami Rahim sold 5,555 shares of the company’s stock in a transaction on Wednesday, March 6th. The stock was sold at an average price of $37.43, for a total value of $207,923.65. Following the sale, the chief executive officer now owns 1,008,479 shares of the company’s stock, valued at $37,747,368.97. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 216,244 shares of company stock valued at $7,960,214. 1.29% of the stock is currently owned by corporate insiders.

Juniper Networks Profile

(Free Report)

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.

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Institutional Ownership by Quarter for Juniper Networks (NYSE:JNPR)

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