DLD Asset Management LP Invests $405,000 in Juniper Networks, Inc. (NYSE:JNPR)

DLD Asset Management LP purchased a new stake in shares of Juniper Networks, Inc. (NYSE:JNPR - Free Report) in the 4th quarter, according to the company in its most recent disclosure with the SEC. The institutional investor purchased 10,823 shares of the network equipment provider's stock, valued at approximately $405,000.

Several other institutional investors and hedge funds have also modified their holdings of the business. Hollencrest Capital Management bought a new position in shares of Juniper Networks during the 4th quarter valued at approximately $38,000. EverSource Wealth Advisors LLC increased its stake in shares of Juniper Networks by 47.8% in the fourth quarter. EverSource Wealth Advisors LLC now owns 1,123 shares of the network equipment provider's stock worth $42,000 after purchasing an additional 363 shares in the last quarter. Huntington National Bank raised its position in shares of Juniper Networks by 91.9% during the 4th quarter. Huntington National Bank now owns 1,263 shares of the network equipment provider's stock valued at $47,000 after purchasing an additional 605 shares during the period. Larson Financial Group LLC lifted its stake in shares of Juniper Networks by 139.5% during the 4th quarter. Larson Financial Group LLC now owns 1,794 shares of the network equipment provider's stock valued at $67,000 after buying an additional 1,045 shares in the last quarter. Finally, Smartleaf Asset Management LLC boosted its holdings in Juniper Networks by 41.5% in the 4th quarter. Smartleaf Asset Management LLC now owns 2,099 shares of the network equipment provider's stock worth $78,000 after buying an additional 616 shares during the period. Hedge funds and other institutional investors own 91.95% of the company's stock.

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Insider Buying and Selling at Juniper Networks

In other Juniper Networks news, COO Manoj Leelanivas sold 30,978 shares of the business's stock in a transaction that occurred on Wednesday, February 26th. The stock was sold at an average price of $36.02, for a total transaction of $1,115,827.56. Following the completion of the transaction, the chief operating officer now owns 94,771 shares in the company, valued at $3,413,651.42. The trade was a 24.63 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Company insiders own 1.28% of the company's stock.

Juniper Networks Price Performance

Shares of NYSE:JNPR traded up $0.04 on Monday, reaching $33.99. The company's stock had a trading volume of 2,647,581 shares, compared to its average volume of 3,862,634. The company has a 50-day simple moving average of $35.93 and a 200 day simple moving average of $37.28. Juniper Networks, Inc. has a 52-week low of $33.42 and a 52-week high of $39.79. The company has a debt-to-equity ratio of 0.25, a quick ratio of 1.14 and a current ratio of 1.46. The company has a market cap of $11.32 billion, a P/E ratio of 39.49, a PEG ratio of 2.20 and a beta of 0.84.

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

Juniper Networks Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Monday, March 24th. Shareholders of record on Monday, March 3rd were paid a dividend of $0.22 per share. This represents a $0.88 annualized dividend and a yield of 2.59%. The ex-dividend date was Monday, March 3rd. Juniper Networks's payout ratio is 102.33%.

Analyst Ratings Changes

Several brokerages have recently commented on JNPR. Barclays boosted their price objective on Juniper Networks from $37.00 to $39.00 and gave the company an "equal weight" rating in a research report on Wednesday, February 5th. Argus cut Juniper Networks from a "buy" rating to a "hold" rating in a report on Friday, February 7th. Evercore ISI upgraded Juniper Networks from an "in-line" rating to an "outperform" rating and set a $40.00 price target for the company in a research note on Tuesday, February 4th. Finally, StockNews.com cut shares of Juniper Networks from a "strong-buy" rating to a "buy" rating in a research report on Friday, March 28th. Five research analysts have rated the stock with a hold rating and two have assigned a buy rating to the stock. According to MarketBeat, the company has an average rating of "Hold" and an average price target of $39.80.

Juniper Networks Company Profile

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.