Juniper Networks, Inc. (NYSE:JNPR) Shares Sold by Olympiad Research LP

Olympiad Research LP reduced its position in Juniper Networks, Inc. (NYSE:JNPR) by 62.2% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 19,613 shares of the network equipment provider’s stock after selling 32,227 shares during the quarter. Juniper Networks makes up approximately 0.8% of Olympiad Research LP’s portfolio, making the stock its 24th biggest position. Olympiad Research LP’s holdings in Juniper Networks were worth $735,000 at the end of the most recent quarter.

Several other institutional investors also recently bought and sold shares of JNPR. State Street Corp boosted its stake in shares of Juniper Networks by 3.8% in the 3rd quarter. State Street Corp now owns 15,758,844 shares of the network equipment provider’s stock valued at $614,280,000 after buying an additional 574,418 shares during the period. Geode Capital Management LLC boosted its stake in shares of Juniper Networks by 4.6% in the 3rd quarter. Geode Capital Management LLC now owns 9,540,330 shares of the network equipment provider’s stock valued at $371,269,000 after buying an additional 417,050 shares during the period. Charles Schwab Investment Management Inc. boosted its stake in shares of 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 buying an additional 33,016 shares during the period. Alpine Associates Management Inc. boosted its stake in shares of Juniper Networks by 12.7% in the 3rd quarter. Alpine Associates Management Inc. now owns 2,676,064 shares of the network equipment provider’s stock valued at $104,313,000 after buying an additional 301,900 shares during the period. Finally, ING Groep NV boosted its stake in shares of Juniper Networks by 32.0% in the 4th quarter. ING Groep NV now owns 1,559,587 shares of the network equipment provider’s stock valued at $58,407,000 after buying an additional 378,265 shares during the period. 91.95% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

Several equities analysts have recently issued reports on JNPR shares. Evercore ISI upgraded Juniper Networks from an “in-line” rating to an “outperform” rating and set a $40.00 price objective for the company in a research note on Tuesday, February 4th. Rosenblatt Securities reiterated a “neutral” rating and issued a $40.00 price objective on shares of Juniper Networks in a research note on Friday, November 1st. Argus cut Juniper Networks from a “buy” rating to a “hold” rating in a research note on Friday, February 7th. StockNews.com upgraded Juniper Networks from a “buy” rating to a “strong-buy” rating in a research note on Tuesday, February 18th. Finally, Barclays boosted their target price on Juniper Networks from $37.00 to $39.00 and gave the stock an “equal weight” rating in a research note on Wednesday, February 5th. Five analysts have rated the stock with a hold rating, one has assigned a buy rating and one has assigned a strong buy rating to the stock. According to MarketBeat, the company has an average rating of “Hold” and a consensus price target of $39.80.

Juniper Networks Trading Down 0.2 %

NYSE:JNPR opened at $35.99 on Friday. The stock’s 50 day simple moving average is $37.20 and its 200-day simple moving average is $37.89. Juniper Networks, Inc. has a 12-month low of $33.72 and a 12-month high of $39.79. The firm has a market cap of $11.91 billion, a P/E ratio of 41.84, a PEG ratio of 2.20 and a beta of 0.87. The company has a current ratio of 1.46, a quick ratio of 1.14 and a debt-to-equity ratio of 0.25.

Juniper Networks (NYSE:JNPR) last announced its quarterly earnings data on Tuesday, February 4th. The network equipment provider reported $0.45 earnings per share 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%. Equities analysts anticipate that Juniper Networks, Inc. will post 1.33 EPS for the current year.

Juniper Networks Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, March 24th. Investors of record on Monday, March 3rd will be issued a dividend of $0.22 per share. This represents a $0.88 dividend on an annualized basis and a yield of 2.45%. The ex-dividend date of this dividend is Monday, March 3rd. Juniper Networks’s dividend payout ratio is presently 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.