Juniper Networks, Inc. (NYSE:JNPR) Stock Holdings Lessened by Slotnik Capital LLC

Slotnik Capital LLC decreased its position in Juniper Networks, Inc. (NYSE:JNPR) by 3.0% in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 223,000 shares of the network equipment provider’s stock after selling 7,000 shares during the quarter. Juniper Networks comprises about 3.8% of Slotnik Capital LLC’s holdings, making the stock its 9th largest position. Slotnik Capital LLC owned 0.07% of Juniper Networks worth $8,351,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the company. EverSource Wealth Advisors LLC lifted its position in Juniper Networks by 47.8% during the fourth quarter. EverSource Wealth Advisors LLC now owns 1,123 shares of the network equipment provider’s stock valued at $42,000 after buying an additional 363 shares in the last quarter. Gould Capital LLC lifted its holdings in shares of Juniper Networks by 1.9% during the 3rd quarter. Gould Capital LLC now owns 29,298 shares of the network equipment provider’s stock valued at $1,142,000 after acquiring an additional 534 shares in the last quarter. Harbor Capital Advisors Inc. boosted its position in Juniper Networks by 12.6% during the 4th quarter. Harbor Capital Advisors Inc. now owns 4,913 shares of the network equipment provider’s stock worth $184,000 after purchasing an additional 549 shares during the period. Hilltop Holdings Inc. increased its holdings in Juniper Networks by 1.2% in the 3rd quarter. Hilltop Holdings Inc. now owns 47,639 shares of the network equipment provider’s stock valued at $1,857,000 after purchasing an additional 580 shares in the last quarter. Finally, Huntington National Bank raised its position in Juniper Networks by 91.9% in the fourth quarter. Huntington National Bank now owns 1,263 shares of the network equipment provider’s stock valued at $47,000 after purchasing an additional 605 shares during the period. 91.95% of the stock is currently owned by hedge funds and other institutional investors.

Insider Activity

In related news, COO Manoj Leelanivas sold 30,978 shares of the company’s stock in a transaction on Wednesday, February 26th. The shares were sold at an average price of $36.02, for a total value of $1,115,827.56. Following the completion of the sale, the chief operating officer now directly owns 94,771 shares in the company, valued at approximately $3,413,651.42. This represents a 24.63 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this link. 1.28% of the stock is currently owned by corporate insiders.

Wall Street Analyst Weigh In

JNPR has been the subject of several recent research reports. Argus downgraded shares of Juniper Networks from a “buy” rating to a “hold” rating in a research report on Friday, February 7th. Barclays raised their price target on shares of Juniper Networks from $37.00 to $39.00 and gave the company an “equal weight” rating in a report on Wednesday, February 5th. Evercore ISI upgraded shares of Juniper Networks from an “in-line” rating to an “outperform” rating and set a $40.00 price objective on the stock in a report on Tuesday, February 4th. Finally, StockNews.com downgraded Juniper Networks from a “strong-buy” rating to a “buy” rating in a research note on Friday, March 28th. Five analysts have rated the stock with a hold rating and two have issued a buy rating to the company. Based on data from MarketBeat.com, Juniper Networks currently has a consensus rating of “Hold” and an average target price of $39.80.

Juniper Networks Trading Down 0.2 %

Shares of JNPR stock opened at $36.08 on Thursday. The stock has a 50-day simple moving average of $36.11 and a 200 day simple moving average of $37.35. The stock has a market capitalization of $12.02 billion, a P/E ratio of 41.95, a P/E/G ratio of 2.20 and a beta of 0.86. Juniper Networks, Inc. has a fifty-two week low of $33.72 and a fifty-two week high of $39.79. The company has a quick ratio of 1.14, a current ratio of 1.46 and a debt-to-equity ratio of 0.25.

Juniper Networks (NYSE:JNPR) last released its quarterly earnings data on Tuesday, February 4th. The network equipment provider reported $0.45 earnings per share for the quarter, missing the consensus estimate of $0.58 by ($0.13). Juniper Networks had a return on equity of 7.57% and a net margin of 5.67%. On average, sell-side analysts expect that Juniper Networks, Inc. will post 1.33 earnings per share for the current fiscal year.

Juniper Networks Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Monday, March 24th. Shareholders of record on Monday, March 3rd were paid a dividend of $0.22 per share. This represents a $0.88 dividend on an annualized basis and a dividend yield of 2.44%. The ex-dividend date was Monday, March 3rd. Juniper Networks’s dividend payout ratio (DPR) is currently 102.33%.

Juniper Networks 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.