Walled Lake Planning & Wealth Management LLC Reduces Stock Position in Juniper Networks, Inc. (NYSE:JNPR)

Walled Lake Planning & Wealth Management LLC reduced its position in shares of Juniper Networks, Inc. (NYSE:JNPR) by 0.2% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 164,524 shares of the network equipment provider’s stock after selling 324 shares during the period. Juniper Networks accounts for about 2.3% of Walled Lake Planning & Wealth Management LLC’s investment portfolio, making the stock its 13th largest position. Walled Lake Planning & Wealth Management LLC’s holdings in Juniper Networks were worth $6,161,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the business. Hollencrest Capital Management acquired a new position in Juniper Networks in the fourth quarter worth about $38,000. EverSource Wealth Advisors LLC increased its stake in Juniper Networks by 47.8% during the 4th 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 during the period. Larson Financial Group LLC lifted its position in Juniper Networks by 139.5% in the fourth 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 during the period. Smartleaf Asset Management LLC boosted its stake in Juniper Networks by 41.5% during the fourth quarter. Smartleaf Asset Management LLC now owns 2,099 shares of the network equipment provider’s stock valued at $78,000 after buying an additional 616 shares in the last quarter. Finally, Jones Financial Companies Lllp raised its holdings in shares of Juniper Networks by 32.0% in the 4th quarter. Jones Financial Companies Lllp now owns 2,654 shares of the network equipment provider’s stock worth $99,000 after purchasing an additional 643 shares in the last quarter. Hedge funds and other institutional investors own 91.95% of the company’s stock.

Analyst Upgrades and Downgrades

A number of analysts have recently issued reports on JNPR shares. Argus lowered Juniper Networks from a “buy” rating to a “hold” rating in a report on Friday, February 7th. Evercore ISI raised shares of 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. Barclays raised their target price 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. Finally, StockNews.com lowered Juniper Networks from a “strong-buy” rating to a “buy” rating in a report on Friday. Five equities research analysts have rated the stock with a hold rating and two have assigned a buy rating to the company’s stock. According to data from MarketBeat, the company presently has a consensus rating of “Hold” and an average price target of $39.80.

Insider Transactions at Juniper Networks

In other Juniper Networks news, COO Manoj Leelanivas sold 30,978 shares of the business’s stock in a transaction that occurred on Wednesday, February 26th. The stock was sold at an average price of $36.02, for a total transaction of $1,115,827.56. Following the completion of the sale, the chief operating officer now directly owns 94,771 shares of the company’s stock, valued at approximately $3,413,651.42. The trade was a 24.63 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Company insiders own 1.28% of the company’s stock.

Juniper Networks Stock Down 0.2 %

NYSE:JNPR opened at $36.10 on Friday. The company has a market cap of $12.03 billion, a PE ratio of 41.97, a PEG ratio of 2.20 and a beta of 0.86. Juniper Networks, Inc. has a 52-week low of $33.72 and a 52-week high of $39.79. The stock has a 50-day simple moving average of $36.26 and a 200 day simple moving average of $37.41. The company has a debt-to-equity ratio of 0.25, a quick ratio of 1.14 and a current ratio of 1.46.

Juniper Networks (NYSE:JNPR) last announced its quarterly earnings data 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 net margin of 5.67% and a return on equity of 7.57%. On average, sell-side analysts expect that Juniper Networks, Inc. will post 1.33 EPS for the current fiscal year.

Juniper Networks Dividend Announcement

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