Dynamic Technology Lab Private Ltd Has $10.68 Million Stock Holdings in Juniper Networks, Inc. (NYSE:JNPR)

Dynamic Technology Lab Private Ltd grew its position in Juniper Networks, Inc. (NYSE:JNPR - Free Report) by 48.8% during the 4th quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 285,230 shares of the network equipment provider's stock after purchasing an additional 93,563 shares during the period. Juniper Networks comprises approximately 1.7% of Dynamic Technology Lab Private Ltd's holdings, making the stock its biggest holding. Dynamic Technology Lab Private Ltd owned about 0.09% of Juniper Networks worth $10,682,000 as of its most recent filing with the SEC.

Other large investors have also made changes to their positions in the company. Pacer Advisors Inc. grew its holdings in shares of 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 purchasing an additional 7,668 shares during the last quarter. Empirical Financial Services LLC d.b.a. Empirical Wealth Management acquired a new stake in Juniper Networks in the 4th quarter valued at about $1,374,000. US Bancorp DE raised its stake in shares of Juniper Networks by 4.5% in the fourth quarter. US Bancorp DE now owns 15,394 shares of the network equipment provider's stock worth $577,000 after acquiring an additional 660 shares during the last quarter. State Street Corp lifted its position in shares of Juniper Networks by 3.8% during the third quarter. State Street Corp now owns 15,758,844 shares of the network equipment provider's stock worth $614,280,000 after purchasing an additional 574,418 shares in the last quarter. Finally, KBC Group NV grew its stake in shares of Juniper Networks by 12.1% during the fourth quarter. KBC Group NV now owns 88,162 shares of the network equipment provider's stock valued at $3,302,000 after purchasing an additional 9,548 shares during the last quarter. Institutional investors own 91.95% of the company's stock.

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Analyst Ratings Changes

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

Juniper Networks Trading Down 1.1 %

Shares of Juniper Networks stock traded down $0.38 during trading on Thursday, hitting $34.78. 851,414 shares of the company were exchanged, compared to its average volume of 3,284,219. The company has a debt-to-equity ratio of 0.25, a current ratio of 1.46 and a quick ratio of 1.14. The firm has a market capitalization of $11.59 billion, a P/E ratio of 40.40, a price-to-earnings-growth ratio of 2.20 and a beta of 0.84. The firm's fifty day moving average price is $35.80 and its 200 day moving average price is $37.15. Juniper Networks, Inc. has a 1-year low of $33.42 and a 1-year high of $39.79.

Juniper Networks (NYSE:JNPR - Get Free Report) last issued 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, sell-side analysts expect that Juniper Networks, Inc. will post 1.33 earnings per share for the current fiscal 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 dividend on an annualized basis and a dividend yield of 2.53%. The ex-dividend date was Monday, March 3rd. Juniper Networks's dividend payout ratio is currently 102.33%.

Insider Activity

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 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 approximately $3,413,651.42. This represents a 24.63 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. 1.28% of the stock is currently owned by company 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.