Atlas Capital Advisors Inc. Sells 4,236 Shares of Juniper Networks, Inc. (NYSE:JNPR)

Atlas Capital Advisors Inc. trimmed its position in shares of Juniper Networks, Inc. (NYSE:JNPR) by 35.3% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 7,778 shares of the network equipment provider’s stock after selling 4,236 shares during the quarter. Atlas Capital Advisors Inc.’s holdings in Juniper Networks were worth $291,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds also recently modified their holdings of the company. Pacer Advisors Inc. grew its position in Juniper Networks by 25.5% during the 4th quarter. Pacer Advisors Inc. now owns 37,696 shares of the network equipment provider’s stock worth $1,412,000 after acquiring an additional 7,668 shares during the last quarter. Empirical Financial Services LLC d.b.a. Empirical Wealth Management bought a new stake in shares of Juniper Networks during the fourth quarter worth $1,374,000. US Bancorp DE raised its holdings in shares of Juniper Networks by 4.5% in the fourth quarter. US Bancorp DE now owns 15,394 shares of the network equipment provider’s stock valued at $577,000 after buying an additional 660 shares during the last quarter. State Street Corp lifted its position in Juniper Networks by 3.8% during the 3rd quarter. State Street Corp now owns 15,758,844 shares of the network equipment provider’s stock worth $614,280,000 after buying an additional 574,418 shares in the last quarter. Finally, KBC Group NV lifted its position in Juniper Networks by 12.1% during the 4th quarter. KBC Group NV now owns 88,162 shares of the network equipment provider’s stock worth $3,302,000 after buying an additional 9,548 shares in the last quarter. Institutional investors and hedge funds own 91.95% of the company’s stock.

Analyst Ratings Changes

JNPR has been the subject of a number of research analyst reports. StockNews.com downgraded shares of Juniper Networks from a “strong-buy” rating to a “buy” rating in a research note on Friday, March 28th. Barclays boosted 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 report on Wednesday, February 5th. 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 report on Tuesday, February 4th. Finally, Argus cut Juniper Networks from a “buy” rating to a “hold” rating in a report on Friday, February 7th. Five equities research analysts have rated the stock with a hold rating and two have assigned a buy rating to the company. Based on data from MarketBeat.com, Juniper Networks presently has a consensus rating of “Hold” and an average price target of $39.80.

Insider Transactions at Juniper Networks

In related news, COO Manoj Leelanivas sold 30,978 shares of the company’s stock in a transaction 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 directly owns 94,771 shares of the company’s stock, valued at approximately $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 accessible through this link. 1.28% of the stock is currently owned by insiders.

Juniper Networks Stock Down 3.7 %

NYSE:JNPR opened at $33.94 on Friday. The company has a quick ratio of 1.14, a current ratio of 1.46 and a debt-to-equity ratio of 0.25. Juniper Networks, Inc. has a 12-month low of $33.72 and a 12-month high of $39.79. The stock’s fifty day simple moving average is $35.93 and its 200-day simple moving average is $37.31. The firm has a market capitalization of $11.31 billion, a P/E ratio of 39.46, a P/E/G ratio of 2.20 and a beta of 0.86.

Juniper Networks (NYSE:JNPR) last posted its earnings results on Tuesday, February 4th. The network equipment provider reported $0.45 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.58 by ($0.13). Juniper Networks had a return on equity of 7.57% and a net margin of 5.67%. Equities research analysts expect that Juniper Networks, Inc. will post 1.33 earnings per share for the current year.

Juniper Networks Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Monday, March 24th. Shareholders of record on Monday, March 3rd were issued a $0.22 dividend. The ex-dividend date of this dividend was Monday, March 3rd. This represents a $0.88 annualized dividend and a dividend yield of 2.59%. Juniper Networks’s dividend payout ratio (DPR) is currently 102.33%.

Juniper Networks 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.