Juniper Networks, Inc. (NYSE:JNPR) Shares Sold by Entropy Technologies LP

Entropy Technologies LP trimmed its stake in shares of Juniper Networks, Inc. (NYSE:JNPR) by 32.4% during the 4th quarter, Holdings Channel reports. The fund owned 38,188 shares of the network equipment provider’s stock after selling 18,302 shares during the quarter. Entropy Technologies LP’s holdings in Juniper Networks were worth $1,430,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors also recently bought and sold shares of JNPR. Sather Financial Group Inc increased its stake in Juniper Networks by 17.6% during the 3rd quarter. Sather Financial Group Inc now owns 259,786 shares of the network equipment provider’s stock worth $10,126,000 after buying an additional 38,936 shares in the last quarter. Principal Financial Group Inc. boosted its stake in shares of Juniper Networks by 5.1% in the third quarter. Principal Financial Group Inc. now owns 446,529 shares of the network equipment provider’s stock worth $17,406,000 after acquiring an additional 21,651 shares during the last quarter. Pacer Advisors Inc. boosted its stake in shares of Juniper Networks by 25.5% in the fourth quarter. Pacer Advisors Inc. now owns 37,696 shares of the network equipment provider’s stock worth $1,412,000 after acquiring an additional 7,668 shares during the last quarter. Charles Schwab Investment Management Inc. raised its stake in Juniper Networks by 1.1% in the 3rd quarter. Charles Schwab Investment Management Inc. now owns 2,957,317 shares of the network equipment provider’s stock valued at $115,276,000 after purchasing an additional 33,016 shares during the last quarter. Finally, Empirical Financial Services LLC d.b.a. Empirical Wealth Management purchased a new position in Juniper Networks in the 4th quarter valued at $1,374,000. 91.95% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Ratings Changes

A number of equities research analysts have recently issued reports on the stock. Evercore ISI raised shares of Juniper Networks from an “in-line” rating to an “outperform” rating and set a $40.00 target price for the company in a report on Tuesday, February 4th. Barclays upped their price objective on shares of Juniper Networks from $37.00 to $39.00 and gave the company an “equal weight” rating in a research note on Wednesday, February 5th. Rosenblatt Securities reissued a “neutral” rating and issued a $40.00 target price on shares of Juniper Networks in a research note on Friday, November 1st. Argus lowered Juniper Networks from a “buy” rating to a “hold” rating in a research report on Friday. Finally, StockNews.com upgraded Juniper Networks from a “buy” rating to a “strong-buy” rating in a research report on Saturday. Five investment analysts have rated the stock with a hold rating, one has given a buy rating and one has assigned a strong buy rating to the stock. According to MarketBeat.com, Juniper Networks currently has a consensus rating of “Hold” and a consensus price target of $39.80.

Juniper Networks Stock Performance

Shares of JNPR stock opened at $36.00 on Tuesday. The stock’s 50-day moving average is $37.30 and its two-hundred day moving average is $37.99. The company has a debt-to-equity ratio of 0.25, a quick ratio of 1.30 and a current ratio of 1.46. Juniper Networks, Inc. has a 1 year low of $33.72 and a 1 year high of $39.79. The firm has a market cap of $11.92 billion, a price-to-earnings ratio of 41.85, a PEG ratio of 7.95 and a beta of 0.87.

Juniper Networks (NYSE:JNPR) last released its quarterly earnings results on Tuesday, February 4th. The network equipment provider reported $0.45 EPS for the quarter, missing the consensus estimate of $0.58 by ($0.13). Juniper Networks had a net margin of 5.67% and a return on equity of 7.57%. Analysts predict that Juniper Networks, Inc. will post 1.27 earnings per share for the current year.

Juniper Networks Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Monday, March 24th. Stockholders of record on Monday, March 3rd will be paid a $0.22 dividend. This represents a $0.88 annualized dividend and a dividend yield of 2.44%. The ex-dividend date of this dividend is Monday, March 3rd. Juniper Networks’s dividend payout ratio (DPR) is presently 102.33%.

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.