Virtu KCG Holdings LLC cut its holdings in Juniper Networks, Inc. (NYSE:JNPR) by 43.0% in the second quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 47,662 shares of the network equipment provider’s stock after selling 35,932 shares during the quarter. Virtu KCG Holdings LLC’s holdings in Juniper Networks were worth $1,329,000 at the end of the most recent reporting period.

Other large investors have also made changes to their positions in the company. BlackRock Inc. increased its position in Juniper Networks by 2,310.0% in the first quarter. BlackRock Inc. now owns 25,175,402 shares of the network equipment provider’s stock worth $700,629,000 after purchasing an additional 24,130,800 shares during the period. Renaissance Technologies LLC increased its position in Juniper Networks by 197.7% in the second quarter. Renaissance Technologies LLC now owns 5,427,091 shares of the network equipment provider’s stock worth $151,307,000 after purchasing an additional 3,604,200 shares during the period. Diamond Hill Capital Management Inc. increased its position in Juniper Networks by 40.0% in the second quarter. Diamond Hill Capital Management Inc. now owns 11,378,124 shares of the network equipment provider’s stock worth $317,222,000 after purchasing an additional 3,248,819 shares during the period. Prudential Financial Inc. increased its position in Juniper Networks by 260.0% in the second quarter. Prudential Financial Inc. now owns 3,374,305 shares of the network equipment provider’s stock worth $94,076,000 after purchasing an additional 2,437,006 shares during the period. Finally, Vanguard Group Inc. increased its position in Juniper Networks by 6.4% in the second quarter. Vanguard Group Inc. now owns 38,434,820 shares of the network equipment provider’s stock worth $1,071,564,000 after purchasing an additional 2,314,683 shares during the period. Institutional investors own 90.16% of the company’s stock.

A number of brokerages recently commented on JNPR. Zacks Investment Research lowered Juniper Networks from a “buy” rating to a “hold” rating in a research report on Tuesday. Royal Bank Of Canada reiterated a “hold” rating and issued a $30.00 price objective on shares of Juniper Networks in a research report on Wednesday, August 2nd. UBS AG reiterated a “neutral” rating and issued a $30.00 price objective (up from $28.00) on shares of Juniper Networks in a research report on Wednesday, July 26th. Berenberg Bank reiterated a “buy” rating and issued a $35.00 price objective on shares of Juniper Networks in a research report on Thursday, July 27th. Finally, BMO Capital Markets reiterated a “buy” rating and issued a $34.00 price objective on shares of Juniper Networks in a research report on Wednesday, August 23rd. Four investment analysts have rated the stock with a sell rating, eleven have assigned a hold rating, twelve have given a buy rating and one has issued a strong buy rating to the company’s stock. The company has an average rating of “Hold” and a consensus price target of $30.94.

In other news, EVP Vincent Molinaro sold 5,031 shares of the firm’s stock in a transaction that occurred on Tuesday, July 25th. The stock was sold at an average price of $30.00, for a total value of $150,930.00. The transaction was disclosed in a document filed with the SEC, which is accessible through this link. Also, VP Terrance F. Spidell sold 3,313 shares of the firm’s 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 sold 35,044 shares of company stock valued at $974,774 in the last three months. Insiders own 3.40% of the company’s stock.

Shares of Juniper Networks, Inc. (NYSE:JNPR) opened at 27.83 on Friday. The company has a market cap of $10.58 billion, a PE ratio of 16.65 and a beta of 1.08. Juniper Networks, Inc. has a 1-year low of $22.41 and a 1-year high of $30.96. The firm has a 50-day moving average price of $27.61 and a 200 day moving average price of $28.50.

Juniper Networks (NYSE:JNPR) last announced its quarterly earnings data on Tuesday, July 25th. The network equipment provider reported $0.57 EPS for the quarter, beating the Zacks’ 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 firm had revenue of $1.31 billion during the quarter, compared to analysts’ expectations of $1.29 billion. During the same quarter last year, the firm posted $0.50 earnings per share. The company’s revenue for the quarter was up 7.2% compared to the same quarter last year. On average, equities analysts anticipate that Juniper Networks, Inc. will post $2.24 earnings per share for the current year.

The company also recently disclosed a quarterly dividend, which was paid on Friday, September 22nd. Shareholders of record on Friday, September 1st were paid a $0.10 dividend. The ex-dividend date was Wednesday, August 30th. This represents a $0.40 dividend on an annualized basis and a yield of 1.44%. Juniper Networks’s dividend payout ratio (DPR) is presently 23.39%.

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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, the Middle East and Africa, and Asia Pacific.

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

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