Dividend To Observe: Can Juniper Networks, Inc. (NYSE:JNPR) truly back claims of $0.10 dividends by Dec 22, 2016?

Dividend To Observe: Can Juniper Networks, Inc. (NYSE:JNPR) truly back claims of $0.10 dividends by Dec 22, 2016?

Juniper Networks, Inc. (NYSE:JNPR) is expected to pay $0.10 on Dec 22, 2016. The indicated annual dividend is $0.40. Shareholders owning the stock before Nov 29, 2016 will be eligible to receive the payout. Based on Juniper Networks, Inc.’s current price of $26.51, the dividend is 0.38%. This dividend’s record date is Dec 1, 2016 and the announcement date is Oct 26, 2016. The stock increased 0.45% or $0.12 on November 25, hitting $26.51. Juniper Networks, Inc. (NYSE:JNPR) has risen 12.62% since April 25, 2016 and is uptrending. It has outperformed by 6.60% the S&P500.

Juniper Networks, Inc. designs, develops and sells services and products for high-performance networks to enable clients to build networks for their businesses. The company has a market cap of $10.13 billion. The Firm sells its products in over 100 countries in three geographic regions: Americas; Europe, Middle East, and Africa , and Asia Pacific (APAC). It has a 17.13 P/E ratio. It sells its high-performance network products and service offerings across routing, switching and security.

Insitutional Activity: The institutional sentiment increased to 1.18 in 2016 Q2. Its up 0.51, from 0.67 in 2016Q1. The ratio is positive, as 72 funds sold all Juniper Networks, Inc. shares owned while 159 reduced positions. 38 funds bought stakes while 116 increased positions. They now own 323.27 million shares or 6.47% less from 345.64 million shares in 2016Q1.
Yorktown Mngmt & has invested 0.05% of its portfolio in Juniper Networks, Inc. (NYSE:JNPR). Ing Groep Nv accumulated 0% or 12,497 shares. Washington Tru Bancorporation reported 60 shares or 0% of all its holdings. Manufacturers Life Ins The has invested 0.01% of its portfolio in Juniper Networks, Inc. (NYSE:JNPR). Panagora Asset Mgmt reported 1.63M shares or 0.18% of all its holdings. Sumitomo Mitsui Asset Com Ltd has 25,762 shares for 0.02% of their US portfolio. Teachers Advisors Incorporated owns 1.34M shares or 0.05% of their US portfolio. Marshall Wace Llp holds 0.03% of its portfolio in Juniper Networks, Inc. (NYSE:JNPR) for 159,552 shares. Utah Retirement System holds 68,185 shares or 0.04% of its portfolio. Voya Inv Mgmt Ltd Company has invested 0.01% of its portfolio in Juniper Networks, Inc. (NYSE:JNPR). California Public Employees Retirement Sys has 1.37M shares for 0.05% of their US portfolio. Louisiana State Employees Retirement accumulated 23,200 shares or 0.03% of the stock. Huntington Bancorporation last reported 0% of its portfolio in the stock. Chevy Chase Hldg, a Maryland-based fund reported 302,452 shares. Legal & General Public Limited reported 1.72 million shares or 0.04% of all its holdings.

Insider Transactions: Since July 26, 2016, the stock had 0 insider buys, and 12 insider sales for $30.03 million net activity. SINDHU PRADEEP sold 76,900 shares worth $2.03 million. $1.18 million worth of Juniper Networks, Inc. (NYSE:JNPR) was sold by rahim rami. $1.28 million worth of Juniper Networks, Inc. (NYSE:JNPR) was sold by Davidson Jonathan on Tuesday, October 25. KRIENS SCOTT sold $17.60M worth of stock or 750,000 shares. 10,000 shares with value of $234,325 were sold by DENUCCIO KEVIN A on Tuesday, August 16. SPIDELL TERRANCE F also sold $3,283 worth of Juniper Networks, Inc. (NYSE:JNPR) shares. On Wednesday, October 26 the insider Molinaro Vincent sold $1.24M.

Juniper Networks, Inc. (NYSE:JNPR) Ratings Coverage

Out of 18 analysts covering Juniper Networks Inc. (NYSE:JNPR), 7 rate it a “Buy”, 2 “Sell”, while 9 “Hold”. This means 39% are positive. Juniper Networks Inc. has been the topic of 34 analyst reports since July 24, 2015 according to StockzIntelligence Inc. The company was downgraded on Tuesday, January 5 by Bernstein. On Monday, March 21 the stock rating was downgraded by SunTrust to “Reduce”. RBC Capital Markets maintained it with “Outperform” rating and $33 target price in Wednesday, January 20 report. As per Friday, July 24, the company rating was maintained by UBS. The firm has “Outperform” rating given on Friday, October 23 by RBC Capital Markets. The firm has “Neutral” rating given on Wednesday, July 27 by Citigroup. The rating was upgraded by Stifel Nicolaus to “Buy” on Monday, October 5. The stock of Juniper Networks, Inc. (NYSE:JNPR) earned “Neutral” rating by Robert W. Baird on Tuesday, April 12. The firm earned “Buy” rating on Friday, October 23 by UBS. The rating was upgraded by Standpoint Research to “Buy” on Monday, January 18.

JNPR Company Profile

Juniper Networks, Inc. (Juniper Networks), incorporated on September 10, 1997, designs, develops and sells services and products for high-performance networks to enable clients to build networks for their businesses. The Firm sells its products in over 100 countries in three geographic regions: Americas; Europe, Middle East, and Africa (EMEA), and Asia Pacific (APAC). The Firm sells its high-performance network products and service offerings across routing, switching and security. The Company’s products address network requirements for global service providers, cloud environments, enterprises, governments, and research and public sector organizations. In addition to its products, the Company offers its clients across the world services, including technical support, professional services, education and training programs.

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