West Family Investments Inc. Has $235,000 Position in Juniper Networks, Inc. (NYSE:JNPR)

West Family Investments Inc. reduced its stake in Juniper Networks, Inc. (NYSE:JNPR) by 14.2% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 6,273 shares of the network equipment provider’s stock after selling 1,038 shares during the quarter. West Family Investments Inc.’s holdings in Juniper Networks were worth $235,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently made changes to their positions in the company. Venturi Wealth Management LLC boosted its stake in Juniper Networks by 60.3% in the 3rd quarter. Venturi Wealth Management LLC now owns 1,188 shares of the network equipment provider’s stock valued at $46,000 after purchasing an additional 447 shares during the period. Gould Capital LLC lifted its holdings in shares of Juniper Networks by 1.9% during the third quarter. Gould Capital LLC now owns 29,298 shares of the network equipment provider’s stock worth $1,142,000 after buying an additional 534 shares in the last quarter. Harbor Capital Advisors Inc. boosted its position in shares of Juniper Networks by 12.6% in the fourth quarter. Harbor Capital Advisors Inc. now owns 4,913 shares of the network equipment provider’s stock valued at $184,000 after acquiring an additional 549 shares during the period. Hilltop Holdings Inc. grew its stake in shares of Juniper Networks by 1.2% in the third quarter. Hilltop Holdings Inc. now owns 47,639 shares of the network equipment provider’s stock valued at $1,857,000 after acquiring an additional 580 shares in the last quarter. Finally, Van ECK Associates Corp increased its position in Juniper Networks by 6.0% during the third quarter. Van ECK Associates Corp now owns 10,447 shares of the network equipment provider’s stock worth $409,000 after acquiring an additional 595 shares during the period. Institutional investors and hedge funds own 91.95% of the company’s stock.

Wall Street Analyst Weigh In

Several analysts have weighed in on the stock. Barclays lifted their price objective on shares of Juniper Networks from $37.00 to $39.00 and gave the stock an “equal weight” rating in a research note on Wednesday, February 5th. StockNews.com downgraded shares of Juniper Networks from a “strong-buy” rating to a “buy” rating in a research report on Monday, March 3rd. Argus downgraded Juniper Networks from a “buy” rating to a “hold” rating in a research report on Friday, February 7th. Finally, Evercore ISI upgraded Juniper Networks from an “in-line” rating to an “outperform” rating and set a $40.00 price objective on the stock in a research note on Tuesday, February 4th. 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.com, the stock currently has a consensus rating of “Hold” and a consensus price target of $39.80.

Juniper Networks Price Performance

Shares of NYSE:JNPR opened at $36.07 on Friday. The firm has a 50 day moving average of $36.95 and a 200-day moving average of $37.73. 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 stock has a market capitalization of $12.02 billion, a PE ratio of 41.94, a PEG ratio of 2.20 and a beta of 0.86.

Juniper Networks (NYSE:JNPR) last announced its quarterly earnings data on Tuesday, February 4th. The network equipment provider reported $0.45 EPS for the quarter, missing the consensus estimate of $0.58 by ($0.13). Juniper Networks had a net margin of 5.67% and a return on equity of 7.57%. On average, equities research analysts predict that Juniper Networks, Inc. will post 1.33 EPS for the current fiscal year.

Juniper Networks Announces Dividend

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

Insider Activity at Juniper Networks

In related news, COO Manoj Leelanivas sold 30,978 shares of the stock in a transaction that occurred on Wednesday, February 26th. The shares were sold at an average price of $36.02, for a total value of $1,115,827.56. Following the completion of the transaction, the chief operating officer now owns 94,771 shares of the company’s stock, valued at $3,413,651.42. This represents a 24.63 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. 1.28% of the stock is currently owned by insiders.

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.