Juniper Networks, Inc. (NYSE:JNPR) Shares Acquired by Hsbc Holdings PLC

Hsbc Holdings PLC boosted its holdings in shares of Juniper Networks, Inc. (NYSE:JNPR - Free Report) by 42.1% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 2,542,905 shares of the network equipment provider's stock after acquiring an additional 753,479 shares during the period. Hsbc Holdings PLC owned 0.77% of Juniper Networks worth $95,170,000 at the end of the most recent reporting period.

Other hedge funds also recently bought and sold shares of the company. ClearAlpha Technologies LP purchased a new position in shares of Juniper Networks during the 4th quarter worth $5,337,000. MetLife Investment Management LLC grew its stake in shares of Juniper Networks by 2.3% in the 4th quarter. MetLife Investment Management LLC now owns 87,533 shares of the network equipment provider's stock valued at $3,278,000 after buying an additional 2,007 shares during the period. Norinchukin Bank The grew its stake in shares of Juniper Networks by 7.5% in the 4th quarter. Norinchukin Bank The now owns 14,183 shares of the network equipment provider's stock valued at $531,000 after buying an additional 985 shares during the period. Ossiam increased its holdings in shares of Juniper Networks by 2,186.0% during the 4th quarter. Ossiam now owns 339,724 shares of the network equipment provider's stock worth $12,723,000 after buying an additional 324,863 shares during the last quarter. Finally, BI Asset Management Fondsmaeglerselskab A S purchased a new stake in shares of Juniper Networks during the 4th quarter valued at approximately $279,000. Institutional investors and hedge funds own 91.95% of the company's stock.

Insider Activity at Juniper Networks

In other Juniper Networks news, COO Manoj Leelanivas sold 30,978 shares of the firm'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 sale, the chief operating officer now directly owns 94,771 shares in the company, valued at $3,413,651.42. This trade represents a 24.63 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. 1.28% of the stock is owned by corporate insiders.

Wall Street Analyst Weigh In

A number of analysts recently issued reports on JNPR shares. Barclays raised their price objective on Juniper Networks from $37.00 to $39.00 and gave the stock an "equal weight" rating in a research report on Wednesday, February 5th. Evercore ISI upgraded shares of Juniper Networks from an "in-line" rating to an "outperform" rating and set a $40.00 price objective on the stock in a report on Tuesday, February 4th. Argus lowered Juniper Networks from a "buy" rating to a "hold" rating in a research report on Friday, February 7th. Finally, StockNews.com cut Juniper Networks from a "strong-buy" rating to a "buy" rating in a research note on Friday, March 28th. Five investment analysts have rated the stock with a hold rating and two have issued a buy rating to the stock. Based on data from MarketBeat.com, the company currently has a consensus rating of "Hold" and a consensus target price of $39.80.

Juniper Networks Stock Up 0.1 %

Shares of NYSE:JNPR traded up $0.03 during trading on Friday, hitting $35.56. The company's stock had a trading volume of 981,602 shares, compared to its average volume of 3,231,940. Juniper Networks, Inc. has a fifty-two week low of $33.42 and a fifty-two week high of $39.79. The business has a 50 day moving average price of $35.50 and a two-hundred day moving average price of $36.81. 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 capitalization of $11.89 billion, a PE ratio of 41.35, a P/E/G ratio of 2.20 and a beta of 0.84.

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 return on equity of 7.57% and a net margin of 5.67%. As a group, research analysts expect that Juniper Networks, Inc. will post 1.33 EPS for the current fiscal year.

Juniper Networks Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Monday, March 24th. Investors of record on Monday, March 3rd were issued a $0.22 dividend. The ex-dividend date of this dividend was Monday, March 3rd. This represents a $0.88 annualized dividend and a yield of 2.47%. Juniper Networks's dividend payout ratio (DPR) is 102.33%.

About Juniper Networks

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.