Juniper Networks, Inc. (NYSE:JNPR) Shares Sold by AGF Management Ltd.

14 Mar 2025, 06:19 by Teresa Graham · The Cerbat Gem

AGF Management Ltd. reduced its stake in shares of Juniper Networks, Inc. (NYSE:JNPR – Free Report) by 9.2% during the 4th quarter, HoldingsChannel reports. The fund owned 72,330 shares of the network equipment provider’s stock after selling 7,364 shares during the period. AGF Management Ltd.’s holdings in Juniper Networks were worth $2,709,000 at the end of the most recent quarter.

Several other hedge funds have also modified their holdings of the stock. Sather Financial Group Inc raised its stake in Juniper Networks by 17.6% during the third quarter. Sather Financial Group Inc now owns 259,786 shares of the network equipment provider’s stock worth $10,126,000 after purchasing an additional 38,936 shares during the period. Principal Financial Group Inc. increased its holdings in shares of Juniper Networks by 5.1% during the 3rd quarter. Principal Financial Group Inc. now owns 446,529 shares of the network equipment provider’s stock worth $17,406,000 after buying an additional 21,651 shares during the last quarter. Pacer Advisors Inc. raised its position in shares of Juniper Networks by 25.5% in the 4th quarter. Pacer Advisors Inc. now owns 37,696 shares of the network equipment provider’s stock worth $1,412,000 after buying an additional 7,668 shares during the period. Charles Schwab Investment Management Inc. boosted its holdings in Juniper Networks by 1.1% in the third quarter. Charles Schwab Investment Management Inc. now owns 2,957,317 shares of the network equipment provider’s stock valued at $115,276,000 after acquiring an additional 33,016 shares during the last quarter. Finally, Empirical Financial Services LLC d.b.a. Empirical Wealth Management purchased a new stake in Juniper Networks during the fourth quarter valued at about $1,374,000. 91.95% of the stock is owned by institutional investors and hedge funds.

Insider Transactions at Juniper Networks

In other news, COO Manoj Leelanivas sold 30,978 shares of the firm’s stock in a transaction that occurred on Wednesday, February 26th. The shares were sold at an average price of $36.02, for a total transaction of $1,115,827.56. Following the completion of the sale, the chief operating officer now owns 94,771 shares of the company’s stock, valued at approximately $3,413,651.42. This trade represents a 24.63 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Corporate insiders own 1.28% of the company’s stock.

Juniper Networks Stock Down 0.1 %

NYSE JNPR opened at $35.57 on Friday. The company has a quick ratio of 1.14, a current ratio of 1.46 and a debt-to-equity ratio of 0.25. Juniper Networks, Inc. has a fifty-two week low of $33.72 and a fifty-two week high of $39.79. The business has a 50 day moving average price of $36.81 and a two-hundred day moving average price of $37.63. The stock has a market cap of $11.85 billion, a PE ratio of 41.35, a P/E/G ratio of 2.20 and a beta of 0.86.

Juniper Networks (NYSE:JNPR – Get Free Report) last announced its earnings results on Tuesday, February 4th. The network equipment provider reported $0.45 earnings per share for the quarter, missing the consensus estimate of $0.58 by ($0.13). Juniper Networks had a net margin of 5.67% and a return on equity of 7.57%. As a group, sell-side analysts predict that Juniper Networks, Inc. will post 1.33 EPS for the current fiscal year.

Juniper Networks Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Monday, March 24th. Stockholders of record on Monday, March 3rd will be paid a dividend of $0.22 per share. The ex-dividend date is Monday, March 3rd. This represents a $0.88 annualized dividend and a dividend yield of 2.47%. Juniper Networks’s dividend payout ratio is presently 102.33%.

Wall Street Analyst Weigh In

A number of equities analysts have recently commented on JNPR shares. StockNews.com downgraded Juniper Networks from a “strong-buy” rating to a “buy” rating in a report on Monday, March 3rd. Evercore ISI upgraded shares of Juniper Networks from an “in-line” rating to an “outperform” rating and set a $40.00 price target on the stock in a report on Tuesday, February 4th. Barclays boosted their price objective on shares of Juniper Networks from $37.00 to $39.00 and gave the stock an “equal weight” rating in a research note on Wednesday, February 5th. Finally, Argus downgraded shares of Juniper Networks from a “buy” rating to a “hold” rating in a research note on Friday, February 7th. Five investment analysts have rated the stock with a hold rating and two have given a buy rating to the company’s stock. According to MarketBeat, Juniper Networks presently has a consensus rating of “Hold” and an average price target of $39.80.

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