Charles Schwab Investment Management Inc. Increases Position in Juniper Networks, Inc. (NYSE:JNPR)

Charles Schwab Investment Management Inc. lifted its position in shares of Juniper Networks, Inc. (NYSE:JNPR) by 0.9% during the fourth quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 2,984,544 shares of the network equipment provider’s stock after buying an additional 27,227 shares during the quarter. Charles Schwab Investment Management Inc. owned approximately 0.90% of Juniper Networks worth $111,771,000 at the end of the most recent quarter.

Several other hedge funds also recently bought and sold shares of JNPR. Oddo BHF Asset Management Sas purchased a new position in shares of Juniper Networks in the third quarter valued at about $25,337,000. Twin Securities Inc. lifted its holdings in Juniper Networks by 760.3% in the 3rd quarter. Twin Securities Inc. now owns 678,257 shares of the network equipment provider’s stock worth $26,438,000 after purchasing an additional 599,420 shares in the last quarter. State Street Corp boosted its stake in Juniper Networks by 3.8% in the 3rd quarter. State Street Corp now owns 15,758,844 shares of the network equipment provider’s stock worth $614,280,000 after purchasing an additional 574,418 shares during the period. Healthcare of Ontario Pension Plan Trust Fund grew its holdings in Juniper Networks by 172,681.3% during the 3rd quarter. Healthcare of Ontario Pension Plan Trust Fund now owns 552,900 shares of the network equipment provider’s stock valued at $21,552,000 after buying an additional 552,580 shares in the last quarter. Finally, Mizuho Securities USA LLC raised its position in shares of Juniper Networks by 1,885.0% during the third quarter. Mizuho Securities USA LLC now owns 497,430 shares of the network equipment provider’s stock valued at $19,390,000 after buying an additional 472,370 shares during the last quarter. Institutional investors own 91.95% of the company’s stock.

Juniper Networks Stock Up 0.0 %

Shares of NYSE:JNPR opened at $36.07 on Friday. The company has a market cap of $12.02 billion, a price-to-earnings ratio of 41.94, a PEG ratio of 2.20 and a beta of 0.86. Juniper Networks, Inc. has a 12 month low of $33.72 and a 12 month high of $39.79. The company has a current ratio of 1.46, a quick ratio of 1.14 and a debt-to-equity ratio of 0.25. The company has a 50-day moving average price of $36.92 and a 200 day moving average price of $37.70.

Juniper Networks (NYSE:JNPR) last announced its earnings results 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 return on equity of 7.57% and a net margin of 5.67%. As a group, equities research analysts predict that Juniper Networks, Inc. will post 1.33 earnings per share for the current year.

Juniper Networks Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Monday, March 24th. Stockholders of record on Monday, March 3rd will be paid a $0.22 dividend. This represents a $0.88 annualized dividend and a dividend yield of 2.44%. The ex-dividend date of this dividend is Monday, March 3rd. Juniper Networks’s dividend payout ratio is currently 102.33%.

Insider Transactions at Juniper Networks

In other news, COO Manoj Leelanivas sold 30,978 shares of the stock in a transaction that occurred on Wednesday, February 26th. The stock was sold at an average price of $36.02, for a total value of $1,115,827.56. Following 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 filing with the SEC, which can be accessed through the SEC website. Company insiders own 1.28% of the company’s stock.

Analyst Ratings Changes

A number of equities analysts recently weighed in on the stock. Argus lowered shares of Juniper Networks from a “buy” rating to a “hold” rating in a research report on Friday, February 7th. Barclays increased their price objective 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 raised Juniper Networks from an “in-line” rating to an “outperform” rating and set a $40.00 target price on the stock in a report on Tuesday, February 4th. Finally, StockNews.com lowered Juniper Networks from a “strong-buy” rating to a “buy” rating in a research note on Monday, March 3rd. Five 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 $39.80.

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.