Lindbrook Capital LLC Increases Stock Position in Juniper Networks, Inc. (NYSE:JNPR)

Lindbrook Capital LLC increased its position in shares of Juniper Networks, Inc. (NYSE:JNPR) by 90.9% during the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 1,531 shares of the network equipment provider’s stock after purchasing an additional 729 shares during the quarter. Lindbrook Capital LLC’s holdings in Juniper Networks were worth $45,000 as of its most recent SEC filing.

Other institutional investors have also added to or reduced their stakes in the company. CWM LLC boosted its stake in shares of 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 buying an additional 417 shares during the last quarter. AE Wealth Management LLC bought a new position in Juniper Networks in the 3rd quarter valued at $230,000. Czech National Bank increased its position in shares of Juniper Networks by 47.5% during the 3rd quarter. Czech National Bank now owns 56,167 shares of the network equipment provider’s stock valued at $1,561,000 after purchasing an additional 18,096 shares during the last quarter. Roof Eidam Maycock Peralta LLC raised its stake in shares of Juniper Networks by 3.2% during the 3rd quarter. Roof Eidam Maycock Peralta LLC now owns 44,837 shares of the network equipment provider’s stock worth $1,246,000 after purchasing an additional 1,372 shares during the period. Finally, Linden Thomas Advisory Services LLC purchased a new position in shares of Juniper Networks in the 3rd quarter worth about $749,000. 91.95% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

Several brokerages have commented on JNPR. Rosenblatt Securities lifted their price objective on shares of Juniper Networks from $31.00 to $40.00 and gave the stock a “neutral” rating in a research report on Wednesday, January 10th. Morgan Stanley raised shares of Juniper Networks from an “underweight” rating to an “equal weight” rating and set a $40.00 price target on the stock in a report on Thursday, January 11th. Jefferies Financial Group reissued a “hold” rating and set a $40.00 price objective (up from $35.00) on shares of Juniper Networks in a report on Thursday, January 11th. StockNews.com started coverage on Juniper Networks in a research report on Thursday. They issued a “hold” rating for the company. Finally, Barclays reaffirmed an “equal weight” rating on shares of Juniper Networks in a research report on Wednesday, January 10th. Eleven investment analysts have rated the stock with a hold rating and two have given a buy rating to the stock. According to MarketBeat, the stock has an average rating of “Hold” and an average price target of $34.27.

Insiders Place Their Bets

In other news, 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 completion of the transaction, the senior vice president now owns 36,061 shares of the company’s stock, valued at $1,326,323.58. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. In other news, SVP Robert Mobassaly sold 5,173 shares of the firm’s stock in a transaction on Wednesday, February 21st. The shares were sold at an average price of $36.78, for a total transaction of $190,262.94. Following the sale, the senior vice president now owns 36,061 shares in the company, valued at approximately $1,326,323.58. The transaction was disclosed in a filing with the SEC, which is accessible through this link. Also, COO Manoj Leelanivas sold 98,530 shares of the company’s stock in a transaction on Monday, February 12th. The stock was sold at an average price of $37.00, for a total transaction 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 disclosure for this sale can be found here. Insiders have sold 216,302 shares of company stock worth $8,005,602 in the last ninety days. 1.29% of the stock is currently owned by insiders.

Juniper Networks Stock Down 1.2 %

JNPR stock opened at $34.95 on Friday. The stock has a 50-day simple moving average of $36.83 and a two-hundred day simple moving average of $32.73. Juniper Networks, Inc. has a twelve month low of $24.87 and a twelve month high of $38.04. The firm has a market capitalization of $11.35 billion, a PE ratio of 36.79, a PEG ratio of 7.38 and a beta of 0.98. The company has a quick ratio of 1.35, a current ratio of 1.80 and a debt-to-equity ratio of 0.36.

Juniper Networks (NYSE:JNPR) last posted its earnings results on Tuesday, January 30th. The network equipment provider reported $0.43 earnings per share for the quarter, missing analysts’ consensus estimates of $0.44 by ($0.01). Juniper Networks had a return on equity of 11.72% and a net margin of 5.57%. The firm had revenue of $1.36 billion for the quarter, compared to the consensus estimate of $1.41 billion. On average, equities analysts predict that Juniper Networks, Inc. will post 1.35 EPS for the current fiscal year.

Juniper Networks Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, March 22nd. Investors of record on Friday, March 1st were given a dividend of $0.22 per share. This represents a $0.88 annualized dividend and a yield of 2.52%. The ex-dividend date of this dividend was Thursday, February 29th. Juniper Networks’s payout ratio is 92.63%.

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.