Guggenheim Capital LLC Grows Position in Juniper Networks, Inc. (NYSE:JNPR)

Guggenheim Capital LLC raised its stake in shares of Juniper Networks, Inc. (NYSE:JNPR - Free Report) by 20.1% in the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 55,225 shares of the network equipment provider's stock after purchasing an additional 9,251 shares during the period. Guggenheim Capital LLC's holdings in Juniper Networks were worth $2,068,000 at the end of the most recent quarter.

Several other large investors have also bought and sold shares of the stock. Hollencrest Capital Management bought a new position in Juniper Networks during the fourth quarter worth $38,000. EverSource Wealth Advisors LLC raised its position 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 worth $42,000 after acquiring an additional 363 shares in the last quarter. Huntington National Bank lifted its stake in shares of Juniper Networks by 91.9% in 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 boosted its position 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 purchasing an additional 1,045 shares in the last quarter. Finally, Smartleaf Asset Management LLC boosted its position in shares of Juniper Networks by 41.5% during 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. 91.95% of the stock is owned by institutional investors.

Juniper Networks Stock Up 0.0 %

Shares of Juniper Networks stock traded up $0.01 during trading hours on Friday, reaching $35.54. The company's stock had a trading volume of 248,302 shares, compared to its average volume of 3,240,607. The company has a market capitalization of $11.84 billion, a P/E ratio of 41.31, a P/E/G ratio of 2.20 and a beta of 0.84. The stock's fifty day simple moving average is $35.51 and its two-hundred day simple moving average is $36.85. Juniper Networks, Inc. has a one year low of $32.87 and a one year 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.

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

Juniper Networks Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Monday, March 24th. Stockholders of record on Monday, March 3rd were paid 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 2.48%. Juniper Networks's payout ratio is presently 102.33%.

Analyst Upgrades and Downgrades

JNPR has been the topic of several recent analyst reports. StockNews.com lowered Juniper Networks from a "strong-buy" rating to a "buy" rating in a research note on Friday, March 28th. Barclays boosted 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 report on Wednesday, February 5th. Argus cut shares of Juniper Networks from a "buy" rating to a "hold" rating in a report on Friday, February 7th. Finally, Evercore ISI raised shares of 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. Five equities research analysts have rated the stock with a hold rating and two have issued a buy rating to the company's stock. Based on data from MarketBeat.com, the company currently has an average rating of "Hold" and an average price target of $39.80.

Insider Activity

In other Juniper Networks news, COO Manoj Leelanivas sold 30,978 shares of the company's stock in a transaction on 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 completion of the transaction, the chief operating officer now owns 94,771 shares in the company, valued at $3,413,651.42. This represents a 24.63 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. 1.28% of the stock is currently owned by corporate insiders.

Juniper Networks 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.