The LS Investment Advisors LLC Has $396,000 Stake in Juniper Networks, Inc. (JNPR)

The LS Investment Advisors LLC Has $396,000 Stake in Juniper Networks, Inc. (JNPR)

A number of other institutional investors have also recently modified their holdings of JNPR. Capital Guardian Trust Co. increased its position in Juniper Networks by 2.2% in the fourth quarter. Capital Guardian Trust Co. now owns 3,645 shares of the network equipment provider’s stock valued at $103,000 after buying an additional 77 shares during the period. Ladenburg Thalmann Financial Services Inc. increased its position in Juniper Networks by 173.9% in the fourth quarter. Ladenburg Thalmann Financial Services Inc. now owns 4,517 shares of the network equipment provider’s stock valued at $127,000 after buying an additional 2,868 shares during the period. Stevens First Principles Investment Advisors purchased a new stake in Juniper Networks during the third quarter valued at $120,000. SRB Corp boosted its stake in Juniper Networks by 6.7% in the third quarter. SRB Corp now owns 6,681 shares of the network equipment provider’s stock valued at $161,000 after buying an additional 419 shares in the last quarter. Finally, Intellectus Partners LLC purchased a new stake in Juniper Networks during the fourth quarter valued at $190,000. Institutional investors and hedge funds own 85.69% of the company’s stock.

LS Investment Advisors LLC boosted its position in Juniper Networks, Inc. (NYSE:JNPR) by 11.7% during the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 14,234 shares of the network equipment provider’s stock after buying an additional 1,490 shares during the period. LS Investment Advisors LLC’s holdings in Juniper Networks were worth $396,000 as of its most recent SEC filing.

Shares of Juniper Networks, Inc. (NYSE JNPR) opened at 30.03 on Monday. Juniper Networks, Inc. has a one year low of $21.17 and a one year high of $30.96. The company has a 50-day moving average price of $29.60 and a 200 day moving average price of $28.23. The stock has a market cap of $11.47 billion, a price-to-earnings ratio of 18.99 and a beta of 1.23.

Juniper Networks (NYSE:JNPR) last posted its quarterly earnings data on Tuesday, April 25th. The network equipment provider reported $0.34 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.31 by $0.03. Juniper Networks had a return on equity of 13.19% and a net margin of 12.05%. The business had revenue of $1.22 billion during the quarter, compared to analyst estimates of $1.20 billion. During the same period last year, the company earned $0.37 EPS. The company’s revenue for the quarter was up 11.2% on a year-over-year basis. Equities research analysts expect that Juniper Networks, Inc. will post $2.23 earnings per share for the current year. The firm also recently declared a quarterly dividend, which will be paid on Thursday, June 22nd. Investors of record on Thursday, June 1st will be paid a dividend of $0.10 per share. This represents a $0.40 dividend on an annualized basis and a dividend yield of 1.33%. The ex-dividend date of this dividend is Tuesday, May 30th. Juniper Networks’s dividend payout ratio is currently 25.81%.

Juniper Networks (NYSE:JNPR) last posted its quarterly earnings data on Tuesday, April 25th. The network equipment provider reported $0.34 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.31 by $0.03. Juniper Networks had a return on equity of 13.19% and a net margin of 12.05%. The business had revenue of $1.22 billion during the quarter, compared to analyst estimates of $1.20 billion. During the same period last year, the company earned $0.37 EPS. The company’s revenue for the quarter was up 11.2% on a year-over-year basis. Equities research analysts expect that Juniper Networks, Inc. will post $2.23 earnings per share for the current year. Several equities research analysts recently weighed in on JNPR shares. Vetr cut shares of Juniper Networks from a “strong-buy” rating to a “buy” rating and set a $30.74 price objective for the company. in a research report on Monday, February 13th. Cowen and Company reissued a “market perform” rating and issued a $30.00 target price on shares of Juniper Networks in a report on Saturday, March 11th. Goldman Sachs Group Inc increased their target price on shares of Juniper Networks from $31.00 to $36.00 and gave the stock a “conviction-buy” rating in a report on Monday, March 27th. Berenberg Bank assumed coverage on shares of Juniper Networks in a report on Tuesday, April 4th. They issued a “buy” rating and a $35.00 target price for the company. Finally, Instinet reissued a “buy” rating and issued a $33.00 target price on shares of Juniper Networks in a report on Thursday, April 6th. Four analysts have rated the stock with a sell rating, twelve have given a hold rating, ten have given a buy rating and one has assigned a strong buy rating to the company’s stock. The stock currently has an average rating of “Hold” and a consensus price target of $29.96.

In other news, EVP Vincent Molinaro sold 13,792 shares of Juniper Networks stock in a transaction on Tuesday, April 25th. The stock was sold at an average price of $28.36, for a total value of $391,141.12. Following the transaction, the executive vice president now directly owns 4,597 shares in the company, valued at approximately $130,370.92. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. Also, Director Pradeep Sindhu sold 76,900 shares of Juniper Networks stock in a transaction on Friday, May 5th. The shares were sold at an average price of $30.53, for a total value of $2,347,757.00. Following the completion of the transaction, the director now owns 40,773 shares in the company, valued at $1,244,799.69. The disclosure for this sale can be found here. Insiders have sold a total of 188,892 shares of company stock valued at $5,728,423 over the last three months. 3.40% of the stock is owned by corporate insiders. Juniper Networks Company Profile

Juniper Networks, Inc designs, develops and sells products and services for high-performance networks to enable customers to build networks for their businesses. The Company sells its products in over 100 countries in three geographic regions: Americas; Europe, the Middle East and Africa, and Asia Pacific.new TradingView.widget({ “height”: 400, “width”: 625, “symbol”: “JNPR”, “interval”: “D”, “timezone”: “Etc/UTC”, “theme”: “White”, “style”: “1”, “locale”: “en”, “toolbar_bg”: “#f1f3f6”, “enable_publishing”: false, “hideideas”: true, “referral_id”: “2588”});

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