Commonwealth of Pennsylvania Public School Empls Retrmt SYS Sells 26,257 Shares of Juniper Networks, Inc. (NYSE:JNPR)

Commonwealth of Pennsylvania Public School Empls Retrmt SYS decreased its position in Juniper Networks, Inc. (NYSE:JNPR) by 27.2% during the 4th quarter, HoldingsChannel reports. The fund owned 70,399 shares of the network equipment provider’s stock after selling 26,257 shares during the quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS’s holdings in Juniper Networks were worth $2,636,000 as of its most recent SEC filing.

Other large investors have also recently bought and sold shares of the company. Hollencrest Capital Management acquired a new stake in shares of Juniper Networks in the fourth quarter valued at about $38,000. EverSource Wealth Advisors LLC grew its stake in Juniper Networks by 47.8% in the fourth quarter. EverSource Wealth Advisors LLC now owns 1,123 shares of the network equipment provider’s stock valued at $42,000 after purchasing an additional 363 shares in the last quarter. Larson Financial Group LLC raised its stake in shares of Juniper Networks by 139.5% during the 4th quarter. Larson Financial Group LLC now owns 1,794 shares of the network equipment provider’s stock worth $67,000 after purchasing an additional 1,045 shares in the last quarter. Longfellow Investment Management Co. LLC boosted its holdings in shares of Juniper Networks by 84.7% in the 3rd quarter. Longfellow Investment Management Co. LLC now owns 1,830 shares of the network equipment provider’s stock valued at $71,000 after buying an additional 839 shares during the last quarter. Finally, Brooklyn Investment Group bought a new position in shares of Juniper Networks in the third quarter valued at $76,000. Institutional investors and hedge funds own 91.95% of the company’s stock.

Insider Activity

In related news, COO Manoj Leelanivas sold 30,978 shares of the business’s stock in a transaction dated Wednesday, February 26th. The stock was sold at an average price of $36.02, for a total value of $1,115,827.56. Following the completion of the transaction, the chief operating officer now owns 94,771 shares of the company’s stock, valued at $3,413,651.42. The trade was a 24.63 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Corporate insiders own 1.28% of the company’s stock.

Juniper Networks Stock Up 0.1 %

Juniper Networks stock opened at $36.10 on Tuesday. The company’s 50-day moving average price is $36.46 and its two-hundred day moving average price is $37.46. The company has a quick ratio of 1.14, a current ratio of 1.46 and a debt-to-equity ratio of 0.25. The stock has a market cap of $12.03 billion, a P/E ratio of 41.98, a P/E/G ratio of 2.20 and a beta of 0.86. Juniper Networks, Inc. has a twelve month low of $33.72 and a twelve month high of $39.79.

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 analysts’ consensus estimates of $0.58 by ($0.13). Juniper Networks had a return on equity of 7.57% and a net margin of 5.67%. As a group, analysts expect that Juniper Networks, Inc. will post 1.33 EPS for the current year.

Juniper Networks Announces Dividend

The business also recently disclosed 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 of this dividend was Monday, March 3rd. This represents a $0.88 annualized dividend and a yield of 2.44%. Juniper Networks’s dividend payout ratio is presently 102.33%.

Analysts Set New Price Targets

Several research firms have issued reports on JNPR. 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 report on Tuesday, February 4th. StockNews.com upgraded shares of Juniper Networks from a “buy” rating to a “strong-buy” rating in a research note on Thursday, March 20th. Argus downgraded Juniper Networks from a “buy” rating to a “hold” rating in a research report on Friday, February 7th. Finally, Barclays raised their price objective on Juniper Networks from $37.00 to $39.00 and gave the company an “equal weight” rating in a research report on Wednesday, February 5th. Five analysts have rated the stock with a hold rating, one has given a buy rating and one has issued a strong buy rating to the company’s stock. According to data from MarketBeat.com, the stock currently has an average rating of “Hold” and a consensus target price of $39.80.

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.