Juniper Networks, Inc. (NYSE:JNPR) Shares Purchased by Greenland Capital Management LP

Greenland Capital Management LP boosted its stake in shares of Juniper Networks, Inc. (NYSE:JNPR - Free Report) by 51.9% during the 4th quarter, according to its most recent filing with the SEC. The firm owned 119,852 shares of the network equipment provider's stock after purchasing an additional 40,945 shares during the period. Greenland Capital Management LP's holdings in Juniper Networks were worth $4,488,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also modified their holdings of the company. Pacer Advisors Inc. boosted its holdings in Juniper Networks by 25.5% during the fourth 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 in the last quarter. Empirical Financial Services LLC d.b.a. Empirical Wealth Management purchased a new stake in shares of Juniper Networks during the 4th quarter worth about $1,374,000. US Bancorp DE grew its position in shares of Juniper Networks by 4.5% during the 4th quarter. US Bancorp DE now owns 15,394 shares of the network equipment provider's stock valued at $577,000 after acquiring an additional 660 shares during the period. State Street Corp increased its stake in shares of Juniper Networks by 3.8% in the 3rd quarter. State Street Corp now owns 15,758,844 shares of the network equipment provider's stock valued at $614,280,000 after purchasing an additional 574,418 shares in the last quarter. Finally, KBC Group NV raised its holdings in Juniper Networks by 12.1% in the 4th quarter. KBC Group NV now owns 88,162 shares of the network equipment provider's stock worth $3,302,000 after purchasing an additional 9,548 shares during the period. Institutional investors and hedge funds own 91.95% of the company's stock.

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Juniper Networks Price Performance

JNPR stock traded up $0.26 during midday trading on Friday, reaching $34.90. The stock had a trading volume of 1,817,097 shares, compared to its average volume of 3,289,641. Juniper Networks, Inc. has a 52-week low of $33.42 and a 52-week high of $39.79. The company has a market cap of $11.63 billion, a price-to-earnings ratio of 40.58, a price-to-earnings-growth ratio of 2.20 and a beta of 0.84. The company's fifty day simple moving average is $35.78 and its 200 day simple moving average is $37.08. The company has a current ratio of 1.46, a quick ratio of 1.14 and a debt-to-equity ratio of 0.25.

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

Juniper Networks Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Monday, March 24th. Stockholders of record on Monday, March 3rd were given a $0.22 dividend. The ex-dividend date was Monday, March 3rd. This represents a $0.88 dividend on an annualized basis and a dividend yield of 2.52%. Juniper Networks's dividend payout ratio (DPR) is presently 102.33%.

Analysts Set New Price Targets

JNPR has been the topic of several research analyst reports. Barclays raised their price objective on Juniper Networks from $37.00 to $39.00 and gave the company an "equal weight" rating in a report on Wednesday, February 5th. StockNews.com cut shares of Juniper Networks from a "strong-buy" rating to a "buy" rating in a research note on Friday, March 28th. Evercore ISI upgraded shares of 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. Finally, Argus lowered shares of Juniper Networks from a "buy" rating to a "hold" rating in a research report on Friday, February 7th. Five research analysts have rated the stock with a hold rating and two have given a buy rating to the company. According to data from MarketBeat.com, Juniper Networks presently has a consensus rating of "Hold" and an average target price of $39.80.

Insider Activity at Juniper Networks

In other news, COO Manoj Leelanivas sold 30,978 shares of the business's stock in a transaction dated 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 transaction, the chief operating officer now owns 94,771 shares of the company's stock, valued at approximately $3,413,651.42. The trade was a 24.63 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Insiders own 1.28% of the company's stock.

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.