Juniper Networks, Inc. (NYSE:JNPR – Get Rating) SVP Robert Mobassaly sold 4,286 shares of the business’s stock in a transaction that occurred on Friday, November 18th. The stock was sold at an average price of $31.50, for a total value of $135,009.00. Following the sale, the senior vice president now directly owns 19,221 shares in the company, valued at approximately $605,461.50. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link.
Juniper Networks Trading Down 1.6 %
Juniper Networks stock opened at $31.73 on Thursday. The company has a quick ratio of 1.42, a current ratio of 1.69 and a debt-to-equity ratio of 0.37. Juniper Networks, Inc. has a 12 month low of $25.18 and a 12 month high of $38.14. The company’s fifty day simple moving average is $28.45 and its 200-day simple moving average is $28.80. The stock has a market cap of $10.30 billion, a P/E ratio of 24.60, a P/E/G ratio of 2.64 and a beta of 0.92.
Juniper Networks Dividend Announcement
The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, December 22nd. Investors of record on Thursday, December 1st will be paid a $0.21 dividend. This represents a $0.84 annualized dividend and a dividend yield of 2.65%. The ex-dividend date is Wednesday, November 30th. Juniper Networks’s payout ratio is presently 65.12%.
Analysts Set New Price Targets
Institutional Investors Weigh In On Juniper Networks
Institutional investors and hedge funds have recently modified their holdings of the business. Tradition Wealth Management LLC lifted its stake in shares of Juniper Networks by 250.0% in the 1st quarter. Tradition Wealth Management LLC now owns 700 shares of the network equipment provider’s stock valued at $26,000 after purchasing an additional 500 shares during the last quarter. Wipfli Financial Advisors LLC acquired a new position in Juniper Networks during the 3rd quarter worth $31,000. Healthcare of Ontario Pension Plan Trust Fund acquired a new position in Juniper Networks during the 2nd quarter worth $36,000. CVA Family Office LLC lifted its position in Juniper Networks by 85.7% during the 2nd quarter. CVA Family Office LLC now owns 1,300 shares of the network equipment provider’s stock worth $37,000 after acquiring an additional 600 shares during the last quarter. Finally, Ronald Blue Trust Inc. lifted its position in Juniper Networks by 455.5% during the 3rd quarter. Ronald Blue Trust Inc. now owns 1,311 shares of the network equipment provider’s stock worth $37,000 after acquiring an additional 1,075 shares during the last quarter. Institutional investors and hedge funds own 91.28% of the company’s stock.
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.
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