Crossmark Global Holdings Inc. Sells 1,080 Shares of Juniper Networks, Inc. (NYSE:JNPR)

Crossmark Global Holdings Inc. lessened its position in Juniper Networks, Inc. (NYSE:JNPR) by 0.3% in the 3rd quarter, Holdings Channel.com reports. The fund owned 389,618 shares of the network equipment provider’s stock after selling 1,080 shares during the period. Crossmark Global Holdings Inc.’s holdings in Juniper Networks were worth $15,187,000 at the end of the most recent quarter.

Several other large investors have also modified their holdings of JNPR. Olympiad Research LP lifted its position in shares of Juniper Networks by 94.8% during the third quarter. Olympiad Research LP now owns 51,840 shares of the network equipment provider’s stock worth $2,021,000 after purchasing an additional 25,223 shares in the last quarter. Principal Financial Group Inc. lifted its stake in Juniper Networks by 5.1% in the third quarter. Principal Financial Group Inc. now owns 446,529 shares of the network equipment provider’s stock valued at $17,406,000 after buying an additional 21,651 shares during the last quarter. Foster & Motley Inc. boosted its position in shares of Juniper Networks by 49.3% in the 3rd quarter. Foster & Motley Inc. now owns 30,660 shares of the network equipment provider’s stock valued at $1,195,000 after purchasing an additional 10,126 shares during the period. Sentry Investment Management LLC acquired a new position in shares of Juniper Networks during the 3rd quarter valued at about $61,000. Finally, Robeco Institutional Asset Management B.V. lifted its position in shares of Juniper Networks by 1.9% in the 3rd quarter. Robeco Institutional Asset Management B.V. now owns 118,036 shares of the network equipment provider’s stock worth $4,601,000 after acquiring an additional 2,193 shares during the period. Institutional investors own 91.95% of the company’s stock.

Juniper Networks Trading Down 0.2 %

NYSE:JNPR traded down $0.09 on Friday, reaching $38.91. The stock had a trading volume of 3,812,572 shares, compared to its average volume of 3,380,955. The company has a market cap of $12.88 billion, a price-to-earnings ratio of 51.20, a P/E/G ratio of 12.24 and a beta of 0.93. Juniper Networks, Inc. has a 12-month low of $25.83 and a 12-month high of $39.79. The company has a debt-to-equity ratio of 0.35, a current ratio of 1.72 and a quick ratio of 1.30. The firm’s fifty day moving average is $38.88 and its two-hundred day moving average is $37.29.

Juniper Networks Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Monday, December 23rd. Shareholders of record on Monday, December 2nd will be issued a $0.22 dividend. This represents a $0.88 dividend on an annualized basis and a yield of 2.26%. The ex-dividend date is Monday, December 2nd. Juniper Networks’s payout ratio is 115.79%.

Analyst Upgrades and Downgrades

A number of analysts have recently commented on the company. StockNews.com assumed coverage on Juniper Networks in a report on Monday, September 16th. They issued a “hold” rating on the stock. Needham & Company LLC reiterated a “hold” rating on shares of Juniper Networks in a report on Friday, July 26th. Citigroup reissued a “neutral” rating and set a $40.00 target price on shares of Juniper Networks in a research report on Monday, September 23rd. Rosenblatt Securities reissued a “neutral” rating and issued a $40.00 target price on shares of Juniper Networks in a research note on Friday, November 1st. Finally, Barclays lowered their price objective on shares of Juniper Networks from $40.00 to $37.00 and set an “equal weight” rating for the company in a report on Friday, November 1st. Eight research analysts have rated the stock with a hold rating and one has issued a buy rating to the company. According to MarketBeat.com, Juniper Networks currently has a consensus rating of “Hold” and a consensus target price of $39.50.

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.