Juniper Networks, Inc. (JNPR) Stake Held by Henderson Group PLC

Henderson Group PLC continued to hold its position in shares of Juniper Networks, Inc. (NYSE:JNPR) during the first quarter, Holdings Channel reports. The institutional investor owned 49,984 shares of the network equipment provider’s stock at the end of the first quarter. Henderson Group PLC’s holdings in Juniper Networks were worth $1,391,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also modified their holdings of the company. Capital Guardian Trust Co. raised its stake in Juniper Networks by 2.2% in the fourth quarter. Capital Guardian Trust Co. now owns 3,645 shares of the network equipment provider’s stock worth $103,000 after buying an additional 77 shares in the last quarter. Leisure Capital Management raised its stake in Juniper Networks by 0.5% in the third quarter. Leisure Capital Management now owns 24,828 shares of the network equipment provider’s stock worth $597,000 after buying an additional 121 shares in the last quarter. Mn Services Vermogensbeheer B.V. raised its stake in Juniper Networks by 3.1% in the first quarter. Mn Services Vermogensbeheer B.V. now owns 9,129 shares of the network equipment provider’s stock worth $238,000 after buying an additional 272 shares in the last quarter. SRB Corp raised its stake in Juniper Networks by 6.7% in the third quarter. SRB Corp now owns 6,681 shares of the network equipment provider’s stock worth $161,000 after buying an additional 419 shares in the last quarter. Finally, Farmers & Merchants Investments Inc. raised its stake in Juniper Networks by 0.4% in the first quarter. Farmers & Merchants Investments Inc. now owns 114,837 shares of the network equipment provider’s stock worth $3,196,000 after buying an additional 444 shares in the last quarter. 85.69% of the stock is owned by institutional investors.

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

Juniper Networks, Inc. (NYSE:JNPR) traded up 0.07% on Friday, reaching $29.61. 1,321,130 shares of the company’s stock were exchanged. The firm has a market cap of $11.31 billion, a PE ratio of 18.73 and a beta of 1.23. Juniper Networks, Inc. has a one year low of $21.17 and a one year high of $30.96. The firm has a 50 day moving average price of $29.04 and a 200 day moving average price of $27.91.

Juniper Networks (NYSE:JNPR) last posted its quarterly earnings results on Tuesday, April 25th. The network equipment provider reported $0.34 EPS for the quarter, topping the consensus estimate of $0.31 by $0.03. Juniper Networks had a return on equity of 13.19% and a net margin of 12.05%. The business had revenue of $1.22 billion for the quarter, compared to analyst estimates of $1.20 billion. During the same quarter in the previous year, the firm earned $0.37 EPS. The company’s quarterly revenue was up 11.2% compared to the same quarter last year. On average, equities analysts anticipate that Juniper Networks, Inc. will post $2.23 earnings per share for the current year.

The business also recently declared a quarterly dividend, which will be paid on Thursday, June 22nd. Stockholders of record on Thursday, June 1st will be issued a dividend of $0.10 per share. The ex-dividend date is Tuesday, May 30th. This represents a $0.40 annualized dividend and a dividend yield of 1.35%. Juniper Networks’s dividend payout ratio is presently 25.81%.

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JNPR has been the subject of a number of analyst reports. William Blair restated a “hold” rating on shares of Juniper Networks in a research note on Sunday, January 29th. Goldman Sachs Group Inc restated a “conviction-buy” rating and set a $31.00 price objective on shares of Juniper Networks in a research note on Friday, January 27th. Instinet restated a “buy” rating and set a $33.00 price objective on shares of Juniper Networks in a research note on Thursday, April 6th. Deutsche Bank AG restated a “sell” rating and set a $20.00 price objective on shares of Juniper Networks in a research note on Monday, January 30th. Finally, BMO Capital Markets restated a “market perform” rating and set a $26.00 price objective on shares of Juniper Networks in a research note on Friday, January 27th. Four equities research analysts have rated the stock with a sell rating, twelve have given a hold rating, ten have assigned a buy rating and one has assigned a strong buy rating to the company. Juniper Networks has a consensus rating of “Hold” and an average price target of $29.96.

In other news, Director Pradeep Sindhu sold 76,900 shares of Juniper Networks stock in a transaction on Tuesday, May 16th. The stock was sold at an average price of $30.55, for a total transaction of $2,349,295.00. Following the transaction, the director now owns 40,773 shares in the company, valued at approximately $1,245,615.15. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, CEO Rami Rahim sold 15,000 shares of Juniper Networks stock in a transaction on Thursday, February 23rd. The stock was sold at an average price of $28.52, for a total value of $427,800.00. Following the transaction, the chief executive officer now owns 469,607 shares in the company, valued at approximately $13,393,191.64. The disclosure for this sale can be found here. In the last quarter, insiders have sold 277,777 shares of company stock worth $8,250,123. Insiders own 3.40% of the company’s stock.

About Juniper Networks

Juniper Networks, Inc designs, develops and sells products and services for high-performance networks to enable customers to build networks for their businesses. The Company sells its products in over 100 countries in three geographic regions: Americas; Europe, the Middle East and Africa, and Asia Pacific.

5 Day Chart for NYSE:JNPR

Want to see what other hedge funds are holding JNPR? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Juniper Networks, Inc. (NYSE:JNPR).

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