Crossmark Global Holdings Inc. Has $556,000 Stake in Juniper Networks, Inc. (NYSE:JNPR)

Crossmark Global Holdings Inc. decreased its position in Juniper Networks, Inc. (NYSE:JNPRGet Rating) by 30.0% during the 3rd quarter, Holdings Channel.com reports. The institutional investor owned 21,289 shares of the network equipment provider’s stock after selling 9,113 shares during the period. Crossmark Global Holdings Inc.’s holdings in Juniper Networks were worth $556,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also bought and sold shares of the company. Kestra Advisory Services LLC lifted its holdings in Juniper Networks by 4.7% in the third quarter. Kestra Advisory Services LLC now owns 12,370 shares of the network equipment provider’s stock valued at $323,000 after buying an additional 553 shares during the period. Great West Life Assurance Co. Can acquired a new position in shares of Juniper Networks during the third quarter valued at about $9,296,000. Keene & Associates Inc. raised its holdings in shares of Juniper Networks by 3.1% during the third quarter. Keene & Associates Inc. now owns 11,545 shares of the network equipment provider’s stock valued at $302,000 after purchasing an additional 350 shares during the period. Mitsubishi UFJ Kokusai Asset Management Co. Ltd. raised its holdings in shares of Juniper Networks by 26.1% during the third quarter. Mitsubishi UFJ Kokusai Asset Management Co. Ltd. now owns 222,695 shares of the network equipment provider’s stock valued at $5,817,000 after purchasing an additional 46,086 shares during the period. Finally, Alaska Permanent Fund Corp acquired a new position in shares of Juniper Networks during the third quarter valued at about $1,357,000. Institutional investors and hedge funds own 89.22% of the company’s stock.

Insiders Place Their Bets

In other Juniper Networks news, Director Anne Delsanto sold 900 shares of the company’s stock in a transaction dated Tuesday, January 3rd. The shares were sold at an average price of $32.24, for a total value of $29,016.00. Following the completion of the sale, the director now directly owns 17,675 shares of the company’s stock, valued at approximately $569,842. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. In other news, CEO Rami Rahim sold 6,250 shares of the stock in a transaction that occurred on Wednesday, December 7th. The shares were sold at an average price of $31.98, for a total transaction of $199,875.00. Following the completion of the transaction, the chief executive officer now directly owns 782,485 shares of the company’s stock, valued at approximately $25,023,870.30. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, Director Anne Delsanto sold 900 shares of the stock in a transaction that occurred on Tuesday, January 3rd. The shares were sold at an average price of $32.24, for a total transaction of $29,016.00. Following the transaction, the director now directly owns 17,675 shares of the company’s stock, valued at $569,842. The disclosure for this sale can be found here. In the last ninety days, insiders sold 170,186 shares of company stock valued at $5,204,575. Corporate insiders own 1.30% of the company’s stock.

Analysts Set New Price Targets

Several equities analysts have recently weighed in on JNPR shares. Morgan Stanley upped their price objective on shares of Juniper Networks from $25.00 to $29.00 and gave the company an “underweight” rating in a report on Tuesday, December 13th. JPMorgan Chase & Co. upped their price objective on shares of Juniper Networks from $39.00 to $42.00 and gave the company an “overweight” rating in a report on Tuesday, December 20th. Raymond James upped their price objective on shares of Juniper Networks from $37.00 to $38.00 and gave the company a “strong-buy” rating in a report on Wednesday, October 26th. StockNews.com started coverage on shares of Juniper Networks in a report on Wednesday, October 12th. They set a “buy” rating on the stock. Finally, KeyCorp boosted their target price on shares of Juniper Networks from $36.00 to $40.00 and gave the stock an “overweight” rating in a research report on Wednesday, January 18th. Three investment analysts have rated the stock with a sell rating, six have issued a hold rating, five have issued a buy rating and one has assigned a strong buy rating to the company’s stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Hold” and an average price target of $34.13.

Juniper Networks Trading Up 0.0 %

Shares of JNPR stock opened at $31.46 on Monday. Juniper Networks, Inc. has a 52-week low of $25.18 and a 52-week high of $38.14. The company has a debt-to-equity ratio of 0.37, a quick ratio of 1.42 and a current ratio of 1.69. The company has a 50-day simple moving average of $31.90 and a two-hundred day simple moving average of $29.56. The company has a market capitalization of $10.21 billion, a price-to-earnings ratio of 24.39, a PEG ratio of 2.30 and a beta of 0.91.

Juniper Networks (NYSE:JNPRGet Rating) last issued its quarterly earnings data on Tuesday, October 25th. The network equipment provider reported $0.45 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.38 by $0.07. Juniper Networks had a net margin of 8.22% and a return on equity of 10.11%. The business had revenue of $1.41 billion during the quarter, compared to the consensus estimate of $1.35 billion. Research analysts anticipate that Juniper Networks, Inc. will post 1.42 EPS for the current fiscal year.

Juniper Networks Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Thursday, December 22nd. Shareholders of record on Thursday, December 1st were given a $0.21 dividend. This represents a $0.84 dividend on an annualized basis and a yield of 2.67%. The ex-dividend date was Wednesday, November 30th. Juniper Networks’s payout ratio is 65.12%.

About Juniper Networks

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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.

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

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