Mutual of America Capital Management LLC Has $1.26 Million Stock Position in Juniper Networks, Inc. (NYSE:JNPR)

Mutual of America Capital Management LLC cut its position in Juniper Networks, Inc. (NYSE:JNPR) by 5.1% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 42,685 shares of the network equipment provider’s stock after selling 2,297 shares during the period. Mutual of America Capital Management LLC’s holdings in Juniper Networks were worth $1,258,000 as of its most recent SEC filing.

Several other large investors have also recently added to or reduced their stakes in the company. Blue Trust Inc. raised its holdings in shares of Juniper Networks by 34.4% in the fourth quarter. Blue Trust Inc. now owns 1,439 shares of the network equipment provider’s stock valued at $40,000 after buying an additional 368 shares during the last quarter. Tocqueville Asset Management L.P. raised its stake in shares of Juniper Networks by 3.5% in the third quarter. Tocqueville Asset Management L.P. now owns 11,075 shares of the network equipment provider’s stock worth $308,000 after acquiring an additional 375 shares during the last quarter. Wahed Invest LLC lifted its position in shares of Juniper Networks by 8.2% during the third quarter. Wahed Invest LLC now owns 4,968 shares of the network equipment provider’s stock worth $138,000 after purchasing an additional 377 shares in the last quarter. Profund Advisors LLC grew its stake in shares of Juniper Networks by 1.0% during the third quarter. Profund Advisors LLC now owns 40,842 shares of the network equipment provider’s stock valued at $1,135,000 after purchasing an additional 410 shares during the last quarter. Finally, CWM LLC raised its position in Juniper Networks by 15.6% in the 3rd quarter. CWM LLC now owns 3,091 shares of the network equipment provider’s stock worth $86,000 after purchasing an additional 417 shares during the last quarter. 91.95% of the stock is owned by institutional investors.

Juniper Networks Stock Up 0.2 %

NYSE:JNPR opened at $36.12 on Tuesday. The stock has a market cap of $11.72 billion, a price-to-earnings ratio of 38.02, a PEG ratio of 7.38 and a beta of 0.98. The company has a current ratio of 1.80, a quick ratio of 1.35 and a debt-to-equity ratio of 0.36. The stock has a 50-day moving average price of $36.93 and a two-hundred day moving average price of $32.63. Juniper Networks, Inc. has a 1 year low of $24.87 and a 1 year high of $38.04.

Juniper Networks (NYSE:JNPR) last issued its quarterly earnings data on Tuesday, January 30th. The network equipment provider reported $0.43 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.44 by ($0.01). The business had revenue of $1.36 billion during the quarter, compared to analyst estimates of $1.41 billion. Juniper Networks had a net margin of 5.57% and a return on equity of 11.72%. As a group, equities analysts expect that Juniper Networks, Inc. will post 1.37 earnings per share for the current year.

Juniper Networks Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, March 22nd. Investors of record on Friday, March 1st were given a $0.22 dividend. The ex-dividend date was Thursday, February 29th. This represents a $0.88 annualized dividend and a yield of 2.44%. Juniper Networks’s dividend payout ratio is currently 92.63%.

Analyst Upgrades and Downgrades

Several equities research analysts have recently commented on the company. Needham & Company LLC reissued a “hold” rating on shares of Juniper Networks in a research note on Wednesday, January 10th. Jefferies Financial Group restated a “hold” rating and set a $40.00 target price (up from $35.00) on shares of Juniper Networks in a research report on Thursday, January 11th. StockNews.com initiated coverage on shares of Juniper Networks in a research note on Wednesday, April 17th. They set a “hold” rating for the company. Barclays reaffirmed an “equal weight” rating on shares of Juniper Networks in a research note on Wednesday, January 10th. Finally, Rosenblatt Securities increased their price target on Juniper Networks from $31.00 to $40.00 and gave the company a “neutral” rating in a research note on Wednesday, January 10th. Eleven analysts have rated the stock with a hold rating and two have given a buy rating to the company’s stock. According to data from MarketBeat, Juniper Networks currently has a consensus rating of “Hold” and a consensus target price of $34.27.

Insider Buying and Selling

In other Juniper Networks news, SVP Robert Mobassaly sold 5,173 shares of Juniper Networks stock in a transaction dated Wednesday, February 21st. The stock was sold at an average price of $36.78, for a total value of $190,262.94. Following the sale, the senior vice president now owns 36,061 shares of the company’s stock, valued at approximately $1,326,323.58. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. In related news, COO Manoj Leelanivas sold 98,530 shares of the firm’s stock in a transaction on Monday, February 12th. The shares were sold at an average price of $37.00, for a total value of $3,645,610.00. Following the completion of the transaction, the chief operating officer now owns 73,684 shares of the company’s stock, valued at $2,726,308. The transaction was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. Also, SVP Robert Mobassaly sold 5,173 shares of the business’s stock in a transaction dated Wednesday, February 21st. The stock was sold at an average price of $36.78, for a total transaction of $190,262.94. Following the sale, the senior vice president now directly owns 36,061 shares in the company, valued at $1,326,323.58. The disclosure for this sale can be found here. In the last ninety days, insiders sold 216,302 shares of company stock valued at $8,005,602. Company insiders own 1.29% of the company’s stock.

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.