Juniper Networks Inc. (NYSE:JNPR) announced a quarterly dividend on Tuesday, October 25th. Investors of record on Thursday, December 1st will be given a dividend of 0.10 per share by the network equipment provider on Thursday, December 22nd. This represents a $0.40 annualized dividend and a yield of 1.52%. The ex-dividend date is Tuesday, November 29th.

Shares of Juniper Networks (NYSE:JNPR) opened at 26.39 on Thursday. Juniper Networks has a 12-month low of $21.18 and a 12-month high of $30.55. The firm has a market capitalization of $10.04 billion, a PE ratio of 17.09 and a beta of 1.24. The company has a 50-day moving average price of $24.89 and a 200 day moving average price of $23.55.

Juniper Networks (NYSE:JNPR) last announced its earnings results on Tuesday, October 25th. The network equipment provider reported $0.58 earnings per share for the quarter, topping the consensus estimate of $0.52 by $0.06. Juniper Networks had a net margin of 12.22% and a return on equity of 13.47%. The business earned $1.29 billion during the quarter, compared to the consensus estimate of $626.94 million. During the same quarter in the prior year, the firm earned $0.57 earnings per share. The business’s quarterly revenue was up 2.9% compared to the same quarter last year. On average, equities analysts expect that Juniper Networks will post $2.07 earnings per share for the current year.

Dividend History for Juniper Networks (NYSE:JNPR)

In other news, Director William Stensrud sold 20,000 shares of Juniper Networks stock in a transaction dated Monday, November 7th. The shares were sold at an average price of $25.50, for a total value of $510,000.00. Following the completion of the transaction, the director now directly owns 5,531 shares of the company’s stock, valued at approximately $141,040.50. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, CEO Rami Rahim sold 45,000 shares of Juniper Networks stock in a transaction dated Friday, November 18th. The shares were sold at an average price of $26.16, for a total transaction of $1,177,200.00. Following the completion of the transaction, the chief executive officer now directly owns 479,607 shares of the company’s stock, valued at $12,546,519.12. The disclosure for this sale can be found here. 3.40% of the stock is currently owned by insiders.

Several hedge funds and other institutional investors have recently bought and sold shares of the stock. GAM Holding AG raised its position in Juniper Networks by 0.3% in the second quarter. GAM Holding AG now owns 51,320 shares of the network equipment provider’s stock valued at $1,154,000 after buying an additional 175 shares during the period. ProShare Advisors LLC raised its position in Juniper Networks by 0.5% in the second quarter. ProShare Advisors LLC now owns 57,952 shares of the network equipment provider’s stock valued at $1,303,000 after buying an additional 307 shares during the period. Advantus Capital Management Inc raised its position in Juniper Networks by 1.6% in the second quarter. Advantus Capital Management Inc now owns 34,888 shares of the network equipment provider’s stock valued at $785,000 after buying an additional 559 shares during the period. Mackenzie Financial Corp raised its position in Juniper Networks by 5.0% in the second quarter. Mackenzie Financial Corp now owns 40,717 shares of the network equipment provider’s stock valued at $916,000 after buying an additional 1,954 shares during the period. Finally, US Bancorp DE raised its position in Juniper Networks by 11.3% in the second quarter. US Bancorp DE now owns 24,104 shares of the network equipment provider’s stock valued at $542,000 after buying an additional 2,447 shares during the period. 85.62% of the stock is owned by institutional investors and hedge funds.

JNPR has been the subject of several analyst reports. Zacks Investment Research raised shares of Juniper Networks from a “sell” rating to a “hold” rating in a report on Tuesday, September 27th. BMO Capital Markets reissued a “market perform” rating and set a $26.00 price target (up from $24.00) on shares of Juniper Networks in a report on Thursday, October 27th. Deutsche Bank AG reissued a “sell” rating on shares of Juniper Networks in a report on Thursday, October 20th. Goldman Sachs Group Inc. raised shares of Juniper Networks from a “buy” rating to a “conviction-buy” rating and set a $31.00 price target for the company in a report on Wednesday, November 16th. Finally, JPMorgan Chase & Co. reissued an “overweight” rating on shares of Juniper Networks in a report on Wednesday, October 26th. Three research analysts have rated the stock with a sell rating, seventeen have assigned a hold rating, nine have issued a buy rating and two have issued a strong buy rating to the company’s stock. The company presently has a consensus rating of “Hold” and an average price target of $27.68.

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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, Middle East, and Africa (EMEA), and Asia Pacific (APAC).

5 Day Chart for NYSE:JNPR

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