Crossmark Global Holdings Inc. Has $14.29 Million Holdings in Juniper Networks, Inc. (NYSE:JNPR)

Crossmark Global Holdings Inc. decreased its stake in Juniper Networks, Inc. (NYSE:JNPR) by 2.0% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 381,646 shares of the network equipment provider’s stock after selling 7,972 shares during the quarter. Crossmark Global Holdings Inc.’s holdings in Juniper Networks were worth $14,293,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Venturi Wealth Management LLC increased its stake in Juniper Networks by 60.3% during the 3rd quarter. Venturi Wealth Management LLC now owns 1,188 shares of the network equipment provider’s stock worth $46,000 after purchasing an additional 447 shares in the last quarter. Quarry LP boosted its holdings in shares of Juniper Networks by 71.4% in the second quarter. Quarry LP now owns 1,546 shares of the network equipment provider’s stock valued at $56,000 after buying an additional 644 shares during the period. Sentry Investment Management LLC bought a new stake in shares of Juniper Networks during the third quarter worth $61,000. Longfellow Investment Management Co. LLC raised its holdings in shares of Juniper Networks by 84.7% during the third quarter. Longfellow Investment Management Co. LLC now owns 1,830 shares of the network equipment provider’s stock worth $71,000 after acquiring an additional 839 shares during the period. Finally, Brooklyn Investment Group bought a new stake in Juniper Networks in the 3rd quarter valued at $76,000. Institutional investors own 91.95% of the company’s stock.

Juniper Networks Stock Performance

JNPR opened at $38.47 on Tuesday. The company has a debt-to-equity ratio of 0.35, a current ratio of 1.72 and a quick ratio of 1.30. The company has a market capitalization of $12.74 billion, a PE ratio of 50.61, a price-to-earnings-growth ratio of 8.49 and a beta of 0.88. The business has a fifty day simple moving average of $37.23 and a 200 day simple moving average of $38.05. Juniper Networks, Inc. has a 1 year low of $34.30 and a 1 year high of $39.79.

Juniper Networks Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Monday, December 23rd. Stockholders of record on Monday, December 2nd were given a dividend of $0.22 per share. The ex-dividend date of this dividend was Monday, December 2nd. This represents a $0.88 dividend on an annualized basis and a dividend yield of 2.29%. Juniper Networks’s payout ratio is 115.79%.

Wall Street Analyst Weigh In

A number of equities research analysts recently issued reports on the company. Rosenblatt Securities reissued a “neutral” rating and issued a $40.00 target price on shares of Juniper Networks in a research report on Friday, November 1st. Barclays cut their price objective on shares of Juniper Networks from $40.00 to $37.00 and set an “equal weight” rating on the stock in a research report on Friday, November 1st. Finally, Citigroup reiterated a “neutral” rating and issued a $40.00 price target on shares of Juniper Networks in a research note on Monday, September 23rd. Five investment analysts have rated the stock with a hold rating and one has given a buy rating to the stock. According to MarketBeat.com, the company currently has a consensus rating of “Hold” and a consensus price target of $39.25.

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.