Andra AP fonden Has $10.86 Million Stock Holdings in Juniper Networks, Inc. (NYSE:JNPR)

Andra AP fonden boosted its holdings in shares of Juniper Networks, Inc. (NYSE:JNPR - Free Report) by 105.6% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 289,900 shares of the network equipment provider's stock after purchasing an additional 148,900 shares during the quarter. Andra AP fonden owned approximately 0.09% of Juniper Networks worth $10,857,000 at the end of the most recent reporting period.

A number of other hedge funds also recently bought and sold shares of JNPR. Oddo BHF Asset Management Sas purchased a new position in Juniper Networks during the third quarter worth approximately $25,337,000. Twin Securities Inc. lifted its position in shares of Juniper Networks by 760.3% in the third quarter. Twin Securities Inc. now owns 678,257 shares of the network equipment provider's stock valued at $26,438,000 after acquiring an additional 599,420 shares in the last quarter. State Street Corp boosted its stake in 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 buying an additional 574,418 shares during the last quarter. Healthcare of Ontario Pension Plan Trust Fund boosted its stake in Juniper Networks by 172,681.3% during the third quarter. Healthcare of Ontario Pension Plan Trust Fund now owns 552,900 shares of the network equipment provider's stock worth $21,552,000 after buying an additional 552,580 shares during the last quarter. Finally, Mizuho Securities USA LLC boosted its stake in Juniper Networks by 1,885.0% during the third quarter. Mizuho Securities USA LLC now owns 497,430 shares of the network equipment provider's stock worth $19,390,000 after buying an additional 472,370 shares during the last quarter. Hedge funds and other institutional investors own 91.95% of the company's stock.

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Juniper Networks Price Performance

NYSE:JNPR traded up $0.06 during trading hours on Wednesday, reaching $35.61. 2,745,614 shares of the company traded hands, compared to its average volume of 3,191,774. Juniper Networks, Inc. has a 1-year low of $33.72 and a 1-year high of $39.79. The firm's 50-day moving average is $36.85 and its 200-day moving average is $37.65. 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 stock has a market cap of $11.86 billion, a P/E ratio of 41.40, a P/E/G ratio of 2.20 and a beta of 0.86.

Juniper Networks (NYSE:JNPR - Get Free Report) last released its quarterly earnings data 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%. Equities research analysts expect that Juniper Networks, Inc. will post 1.33 earnings per share for the current fiscal year.

Juniper Networks Dividend Announcement

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

Insider Buying and Selling

In other news, COO Manoj Leelanivas sold 30,978 shares of the business's stock in a transaction on 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 directly owns 94,771 shares in the company, valued at $3,413,651.42. The trade was a 24.63 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available at this link. 1.28% of the stock is owned by corporate insiders.

Wall Street Analyst Weigh In

A number of equities research analysts have commented on the company. Argus downgraded Juniper Networks from a "buy" rating to a "hold" rating in a research report on Friday, February 7th. Evercore ISI upgraded 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. StockNews.com downgraded Juniper Networks from a "strong-buy" rating to a "buy" rating in a report on Monday, March 3rd. Finally, Barclays upped their price target on Juniper Networks from $37.00 to $39.00 and gave the stock an "equal weight" rating in a report on Wednesday, February 5th. Five analysts have rated the stock with a hold rating and two have assigned a buy rating to the stock. According to MarketBeat, the company has a consensus rating of "Hold" and a consensus target price of $39.80.

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.