Dreman Value Management L L C continued to hold its position in shares of Juniper Networks, Inc. (NYSE:JNPR) during the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 16,468 shares of the network equipment provider’s stock at the close of the 2nd quarter. Dreman Value Management L L C’s holdings in Juniper Networks were worth $458,000 as of its most recent filing with the SEC.

Several other large investors have also recently added to or reduced their stakes in JNPR. Creative Planning boosted its holdings in Juniper Networks by 0.4% in the second quarter. Creative Planning now owns 4,696 shares of the network equipment provider’s stock valued at $131,000 after acquiring an additional 21 shares during the last quarter. D.A. Davidson & CO. boosted its holdings in Juniper Networks by 0.3% in the second quarter. D.A. Davidson & CO. now owns 8,348 shares of the network equipment provider’s stock valued at $232,000 after acquiring an additional 24 shares during the last quarter. Contravisory Investment Management Inc. boosted its holdings in Juniper Networks by 0.6% in the second quarter. Contravisory Investment Management Inc. now owns 9,629 shares of the network equipment provider’s stock valued at $268,000 after acquiring an additional 60 shares during the last quarter. Cadence Capital Management LLC boosted its holdings in Juniper Networks by 0.5% in the second quarter. Cadence Capital Management LLC now owns 12,930 shares of the network equipment provider’s stock valued at $360,000 after acquiring an additional 63 shares during the last quarter. Finally, CIBC Asset Management Inc boosted its holdings in Juniper Networks by 0.3% in the second quarter. CIBC Asset Management Inc now owns 43,173 shares of the network equipment provider’s stock valued at $1,204,000 after acquiring an additional 121 shares during the last quarter. Institutional investors own 90.14% of the company’s stock.

In related news, EVP Vincent Molinaro sold 5,031 shares of Juniper Networks stock in a transaction that occurred on Tuesday, July 25th. The stock was sold at an average price of $30.00, for a total transaction of $150,930.00. The transaction was disclosed in a document filed with the SEC, which can be accessed through this link. Also, VP Terrance F. Spidell sold 3,313 shares of Juniper Networks stock in a transaction that occurred on Tuesday, August 1st. The shares were sold at an average price of $27.69, for a total value of $91,736.97. The disclosure for this sale can be found here. Insiders have sold 35,044 shares of company stock worth $974,774 over the last 90 days. 2.60% of the stock is currently owned by corporate insiders.

Several brokerages recently commented on JNPR. BidaskClub cut Juniper Networks from a “hold” rating to a “sell” rating in a report on Tuesday. TheStreet cut Juniper Networks from a “b” rating to a “c+” rating in a report on Thursday, June 29th. Zacks Investment Research cut Juniper Networks from a “buy” rating to a “hold” rating in a report on Monday, July 31st. UBS AG reiterated a “neutral” rating and issued a $30.00 target price (up from $28.00) on shares of Juniper Networks in a report on Wednesday, July 26th. Finally, BMO Capital Markets reduced their target price on Juniper Networks from $34.00 to $31.00 and set an “outperform” rating on the stock in a report on Thursday, October 12th. Five analysts have rated the stock with a sell rating, fifteen have assigned a hold rating, ten have issued a buy rating and one has assigned a strong buy rating to the stock. The stock presently has an average rating of “Hold” and a consensus target price of $30.39.

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Shares of Juniper Networks, Inc. (JNPR) traded down 0.27% during trading on Tuesday, hitting $25.97. The stock had a trading volume of 436,025 shares. Juniper Networks, Inc. has a 52 week low of $22.41 and a 52 week high of $30.96. The firm has a 50 day moving average price of $27.56 and a 200-day moving average price of $28.45. The stock has a market capitalization of $9.88 billion, a price-to-earnings ratio of 15.54 and a beta of 1.09.

Juniper Networks (NYSE:JNPR) last released its quarterly earnings results on Tuesday, July 25th. The network equipment provider reported $0.57 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $0.54 by $0.03. Juniper Networks had a return on equity of 14.13% and a net margin of 12.66%. The company had revenue of $1.31 billion for the quarter, compared to analyst estimates of $1.29 billion. During the same period in the previous year, the company posted $0.50 earnings per share. The firm’s revenue was up 7.2% on a year-over-year basis. On average, equities research analysts forecast that Juniper Networks, Inc. will post $2.20 EPS for the current fiscal year.

The company also recently declared a quarterly dividend, which was paid on Friday, September 22nd. Investors of record on Friday, September 1st were given a dividend of $0.10 per share. The ex-dividend date was Wednesday, August 30th. This represents a $0.40 annualized dividend and a dividend yield of 1.54%. Juniper Networks’s dividend payout ratio is presently 23.39%.

Juniper Networks 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.

Institutional Ownership by Quarter for Juniper Networks (NYSE:JNPR)

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