Nisa Investment Advisors LLC Sells 1,280 Shares of Juniper Networks, Inc. (NYSE:JNPR)

Nisa Investment Advisors LLC lowered its stake in Juniper Networks, Inc. (NYSE:JNPR) by 4.0% during the 4th quarter, Holdings Channel reports. The institutional investor owned 30,849 shares of the network equipment provider’s stock after selling 1,280 shares during the quarter. Nisa Investment Advisors LLC’s holdings in Juniper Networks were worth $1,155,000 as of its most recent filing with the Securities & Exchange Commission.

Other large investors have also recently made changes to their positions in the company. Sather Financial Group Inc increased its stake in Juniper Networks by 17.6% in the 3rd quarter. Sather Financial Group Inc now owns 259,786 shares of the network equipment provider’s stock worth $10,126,000 after buying an additional 38,936 shares in the last quarter. Principal Financial Group Inc. grew its position in shares of Juniper Networks by 5.1% during the third quarter. Principal Financial Group Inc. now owns 446,529 shares of the network equipment provider’s stock worth $17,406,000 after purchasing an additional 21,651 shares in the last quarter. Charles Schwab Investment Management Inc. grew its position in shares of Juniper Networks by 1.1% during the third quarter. Charles Schwab Investment Management Inc. now owns 2,957,317 shares of the network equipment provider’s stock worth $115,276,000 after purchasing an additional 33,016 shares in the last quarter. Mizuho Securities USA LLC raised its stake in Juniper Networks by 1,885.0% during the 3rd quarter. Mizuho Securities USA LLC now owns 497,430 shares of the network equipment provider’s stock valued at $19,390,000 after purchasing an additional 472,370 shares during the period. Finally, Paloma Partners Management Co purchased a new position in Juniper Networks in the 3rd quarter worth approximately $1,182,000. 91.95% of the stock is owned by hedge funds and other institutional investors.

Juniper Networks Stock Performance

NYSE:JNPR opened at $38.67 on Tuesday. The company has a market cap of $12.80 billion, a price-to-earnings ratio of 50.88, a PEG ratio of 8.57 and a beta of 0.88. Juniper Networks, Inc. has a 1 year low of $34.30 and a 1 year high of $39.79. The stock’s 50 day simple moving average is $37.37 and its two-hundred day simple moving average is $38.11. The company has a debt-to-equity ratio of 0.35, a current ratio of 1.72 and a quick ratio of 1.30.

Juniper Networks Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Monday, December 23rd. Investors of record on Monday, December 2nd were given a $0.22 dividend. This represents a $0.88 annualized dividend and a yield of 2.28%. The ex-dividend date was Monday, December 2nd. Juniper Networks’s dividend payout ratio is presently 115.79%.

Analyst Ratings Changes

A number of equities research analysts have issued reports on the stock. Barclays cut their price objective on shares of Juniper Networks from $40.00 to $37.00 and set an “equal weight” rating for the company in a report on Friday, November 1st. Rosenblatt Securities reaffirmed a “neutral” rating and set a $40.00 target price on shares of Juniper Networks in a research note on Friday, November 1st. Five investment analysts have rated the stock with a hold rating and one has assigned a buy rating to the company. Based on data from MarketBeat, the company presently has an average rating of “Hold” and a consensus price target of $39.25.

About Juniper Networks

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.