Banco BTG Pactual S.A. Invests $410,000 in Juniper Networks, Inc. (NYSE:JNPR)

Banco BTG Pactual S.A. bought a new position in Juniper Networks, Inc. (NYSE:JNPR - Free Report) in the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm bought 10,840 shares of the network equipment provider's stock, valued at approximately $410,000.

Other institutional investors have also recently bought and sold shares of the company. EverSource Wealth Advisors LLC grew its stake in shares of Juniper Networks by 47.8% in the 4th quarter. EverSource Wealth Advisors LLC now owns 1,123 shares of the network equipment provider's stock valued at $42,000 after purchasing an additional 363 shares during the period. Gould Capital LLC raised its stake in Juniper Networks by 1.9% during the third quarter. Gould Capital LLC now owns 29,298 shares of the network equipment provider's stock worth $1,142,000 after acquiring an additional 534 shares in the last quarter. Harbor Capital Advisors Inc. raised its stake in Juniper Networks by 12.6% during the fourth quarter. Harbor Capital Advisors Inc. now owns 4,913 shares of the network equipment provider's stock worth $184,000 after acquiring an additional 549 shares in the last quarter. Hilltop Holdings Inc. lifted its holdings in shares of Juniper Networks by 1.2% during the third quarter. Hilltop Holdings Inc. now owns 47,639 shares of the network equipment provider's stock valued at $1,857,000 after acquiring an additional 580 shares during the period. Finally, Smartleaf Asset Management LLC boosted its stake in shares of 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 valued at $78,000 after purchasing an additional 616 shares in the last quarter. Institutional investors and hedge funds own 91.95% of the company's stock.

Remove Ads

Juniper Networks Trading Down 0.2 %

JNPR stock traded down $0.06 during trading on Friday, hitting $36.10. The company had a trading volume of 1,140,769 shares, compared to its average volume of 3,296,427. The firm has a 50-day moving average price of $36.26 and a 200-day moving average price of $37.41. Juniper Networks, Inc. has a 12 month low of $33.72 and a 12 month high of $39.79. The company has a quick ratio of 1.14, a current ratio of 1.46 and a debt-to-equity ratio of 0.25. The stock has a market cap of $12.03 billion, a price-to-earnings ratio of 41.97, a PEG ratio of 2.20 and a beta of 0.86.

Juniper Networks (NYSE:JNPR - Get Free Report) last released its 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 net margin of 5.67% and a return on equity of 7.57%. As a group, analysts predict that Juniper Networks, Inc. will post 1.33 earnings per share for the current year.

Juniper Networks Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Monday, March 24th. Stockholders of record on Monday, March 3rd were given a dividend of $0.22 per share. This represents a $0.88 annualized dividend and a dividend yield of 2.44%. The ex-dividend date was Monday, March 3rd. Juniper Networks's dividend payout ratio is 102.33%.

Analyst Upgrades and Downgrades

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

Insider Transactions at Juniper Networks

In other Juniper Networks news, COO Manoj Leelanivas sold 30,978 shares of the stock in a transaction dated Wednesday, February 26th. The stock was sold at an average price of $36.02, for a total value of $1,115,827.56. Following the transaction, the chief operating officer now owns 94,771 shares of the company's stock, valued at approximately $3,413,651.42. This represents a 24.63 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. 1.28% of the stock is owned by corporate insiders.

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.