Robeco Institutional Asset Management B.V. reduced its holdings in Juniper Networks, Inc. (NYSE:JNPR – Free Report) by 75.7% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 28,672 shares of the network equipment provider’s stock after selling 89,364 shares during the quarter. Robeco Institutional Asset Management B.V.’s holdings in Juniper Networks were worth $1,074,000 as of its most recent filing with the Securities and Exchange Commission.
Several other institutional investors have also recently added to or reduced their stakes in JNPR. Northwestern Mutual Wealth Management Co. grew its position in Juniper Networks by 7.9% during the second quarter. Northwestern Mutual Wealth Management Co. now owns 5,791 shares of the network equipment provider’s stock valued at $211,000 after acquiring an additional 422 shares during the period. Venturi Wealth Management LLC grew its position in Juniper Networks by 60.3% during the third quarter. Venturi Wealth Management LLC now owns 1,188 shares of the network equipment provider’s stock valued at $46,000 after acquiring an additional 447 shares during the period. Gould Capital LLC grew its position in Juniper Networks by 1.9% during the third quarter. Gould Capital LLC now owns 29,298 shares of the network equipment provider’s stock valued at $1,142,000 after acquiring an additional 534 shares during the period. Harbor Capital Advisors Inc. grew its position in Juniper Networks by 12.6% during 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. Finally, Hilltop Holdings Inc. grew its position in Juniper Networks by 1.2% during 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 during the period. 91.95% of the stock is currently owned by institutional investors and hedge funds.
Wall Street Analyst Weigh In
JNPR has been the subject of a number of research reports. Rosenblatt Securities reissued a “neutral” rating and set a $40.00 price target on shares of Juniper Networks in a research report on Friday, November 1st. StockNews.com raised Juniper Networks from a “hold” rating to a “buy” rating in a research report on Friday, January 31st. Barclays decreased their target price on Juniper Networks from $40.00 to $37.00 and set an “equal weight” rating for the company in a research report on Friday, November 1st. Finally, Evercore ISI raised Juniper Networks from an “in-line” rating to an “outperform” rating and set a $40.00 target price for the company in a research report on Tuesday. Four equities research analysts have rated the stock with a hold rating and three have assigned a buy rating to the company. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and a consensus price target of $39.40.
Juniper Networks Trading Up 2.9 %
NYSE:JNPR opened at $35.58 on Wednesday. The company has a debt-to-equity ratio of 0.35, a quick ratio of 1.30 and a current ratio of 1.72. Juniper Networks, Inc. has a one year low of $33.72 and a one year high of $39.79. The business’s 50-day simple moving average is $37.30 and its 200 day simple moving average is $38.02. The stock has a market cap of $11.78 billion, a price-to-earnings ratio of 46.82, a price-to-earnings-growth ratio of 7.70 and a beta of 0.87.
Juniper Networks (NYSE:JNPR – Get Free Report) last released its quarterly earnings results 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 return on equity of 7.41% and a net margin of 4.97%. As a group, sell-side analysts predict that Juniper Networks, Inc. will post 0.89 earnings per share for the current fiscal year.
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.
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