Boston Trust Walden Corp Boosts Position in Juniper Networks, Inc. (NYSE:JNPR)

Boston Trust Walden Corp grew its holdings in shares of Juniper Networks, Inc. (NYSE:JNPR) by 8.7% during the 3rd quarter, according to its most recent Form 13F filing with the SEC. The firm owned 607,095 shares of the network equipment provider’s stock after buying an additional 48,792 shares during the period. Boston Trust Walden Corp’s holdings in Juniper Networks were worth $15,025,000 as of its most recent SEC filing.

A number of other hedge funds have also recently modified their holdings of JNPR. NEXT Financial Group Inc purchased a new stake in Juniper Networks in the second quarter worth $27,000. Signaturefd LLC boosted its holdings in Juniper Networks by 160.8% in the second quarter. Signaturefd LLC now owns 1,356 shares of the network equipment provider’s stock worth $36,000 after acquiring an additional 836 shares in the last quarter. CSat Investment Advisory L.P. boosted its holdings in Juniper Networks by 33.7% in the second quarter. CSat Investment Advisory L.P. now owns 1,679 shares of the network equipment provider’s stock worth $45,000 after acquiring an additional 423 shares in the last quarter. CENTRAL TRUST Co bought a new stake in Juniper Networks in the second quarter worth $51,000. Finally, CKW Financial Group boosted its holdings in Juniper Networks by 20.0% in the second quarter. CKW Financial Group now owns 2,400 shares of the network equipment provider’s stock worth $64,000 after acquiring an additional 400 shares in the last quarter. 90.46% of the stock is currently owned by institutional investors.

Juniper Networks stock opened at $24.76 on Wednesday. The company has a debt-to-equity ratio of 0.32, a current ratio of 2.13 and a quick ratio of 2.13. Juniper Networks, Inc. has a one year low of $22.42 and a one year high of $30.80. The stock has a market capitalization of $8.26 billion, a PE ratio of 18.21, a price-to-earnings-growth ratio of 3.04 and a beta of 0.98. The business’s fifty day moving average is $23.97 and its 200 day moving average is $25.67.

Juniper Networks (NYSE:JNPR) last released its quarterly earnings data on Thursday, July 25th. The network equipment provider reported $0.27 EPS for the quarter, missing the consensus estimate of $0.33 by ($0.06). Juniper Networks had a net margin of 11.05% and a return on equity of 10.00%. The business had revenue of $1.10 billion for the quarter, compared to analysts’ expectations of $1.10 billion. During the same period last year, the business earned $0.48 earnings per share. The company’s quarterly revenue was down 8.4% on a year-over-year basis. As a group, sell-side analysts expect that Juniper Networks, Inc. will post 1.25 EPS for the current fiscal year.

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, September 25th. Investors of record on Wednesday, September 4th were given a dividend of $0.19 per share. The ex-dividend date of this dividend was Tuesday, September 3rd. This represents a $0.76 annualized dividend and a dividend yield of 3.07%. Juniper Networks’s dividend payout ratio (DPR) is presently 55.88%.

In related news, CFO Kenneth Bradley Miller sold 7,000 shares of the stock in a transaction on Thursday, August 1st. The stock was sold at an average price of $27.02, for a total transaction of $189,140.00. Following the sale, the chief financial officer now directly owns 77,333 shares of the company’s stock, valued at $2,089,537.66. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link. Also, Director William Stensrud sold 10,000 shares of the stock in a transaction on Thursday, August 22nd. The shares were sold at an average price of $24.00, for a total value of $240,000.00. The disclosure for this sale can be found here. Insiders have sold 28,500 shares of company stock worth $737,990 over the last ninety days. 1.10% of the stock is currently owned by insiders.

Several equities research analysts have commented on JNPR shares. Rosenblatt Securities set a $25.00 target price on Juniper Networks and gave the stock a “hold” rating in a report on Tuesday, October 15th. Needham & Company LLC reissued a “buy” rating and issued a $29.00 target price on shares of Juniper Networks in a report on Friday, October 18th. Citigroup downgraded Juniper Networks from a “neutral” rating to a “sell” rating and dropped their target price for the stock from $28.00 to $24.00 in a report on Monday, July 8th. Evercore ISI started coverage on Juniper Networks in a report on Wednesday, September 11th. They issued an “inline” rating and a $26.00 target price on the stock. Finally, JPMorgan Chase & Co. raised Juniper Networks from an “underweight” rating to a “neutral” rating and boosted their target price for the stock from $25.00 to $27.00 in a report on Tuesday. Four equities research analysts have rated the stock with a sell rating, eight have assigned a hold rating and three have given a buy rating to the stock. The company presently has a consensus rating of “Hold” and a consensus price target of $26.57.

About Juniper Networks

Juniper Networks, Inc designs, develops, and sells network products and services worldwide. The company offers various routing products, such as ACX series universal access routers to deploy new high-bandwidth services; MX series Ethernet routers that functions as a universal edge platform; PTX series packet transport routers; cloud customer premises equipment; and NorthStar controllers.

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Institutional Ownership by Quarter for Juniper Networks (NYSE:JNPR)

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