Natixis Advisors LLC Purchases 58,178 Shares of Juniper Networks, Inc. (NYSE:JNPR)

Natixis Advisors LLC grew its stake in shares of Juniper Networks, Inc. (NYSE:JNPR - Free Report) by 209.3% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 85,977 shares of the network equipment provider's stock after buying an additional 58,178 shares during the quarter. Natixis Advisors LLC's holdings in Juniper Networks were worth $3,220,000 at the end of the most recent quarter.

Several other large investors have also recently modified their holdings of JNPR. Hollencrest Capital Management purchased a new position in Juniper Networks in the 4th quarter worth approximately $38,000. EverSource Wealth Advisors LLC grew its holdings in shares of Juniper Networks by 47.8% in the fourth quarter. EverSource Wealth Advisors LLC now owns 1,123 shares of the network equipment provider's stock worth $42,000 after purchasing an additional 363 shares during the last quarter. Larson Financial Group LLC increased its stake in shares of Juniper Networks by 139.5% in the fourth quarter. Larson Financial Group LLC now owns 1,794 shares of the network equipment provider's stock worth $67,000 after buying an additional 1,045 shares during the period. Longfellow Investment Management Co. LLC raised its holdings in Juniper Networks by 84.7% during the 3rd quarter. Longfellow Investment Management Co. LLC now owns 1,830 shares of the network equipment provider's stock valued at $71,000 after buying an additional 839 shares during the last quarter. Finally, Brooklyn Investment Group purchased a new stake in Juniper Networks during the 3rd quarter valued at $76,000. Hedge funds and other institutional investors own 91.95% of the company's stock.

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Analysts Set New Price Targets

A number of equities analysts have issued reports on the stock. Barclays boosted their price objective 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. Evercore ISI upgraded Juniper Networks from an "in-line" rating to an "outperform" rating and set a $40.00 price target on the stock in a report on Tuesday, February 4th. StockNews.com upgraded Juniper Networks from a "buy" rating to a "strong-buy" rating in a report on Thursday, March 20th. Finally, Argus downgraded 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, one has assigned a buy rating and one has given a strong buy rating to the company's stock. Based on data from MarketBeat.com, Juniper Networks currently has a consensus rating of "Hold" and a consensus target price of $39.80.

Insider Activity at Juniper Networks

In other 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 transaction, 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 position. The transaction was disclosed in a filing with the SEC, which is available at this link. 1.28% of the stock is currently owned by insiders.

Juniper Networks Stock Up 0.0 %

Shares of JNPR traded up $0.01 during mid-day trading on Tuesday, reaching $36.11. The company had a trading volume of 1,505,578 shares, compared to its average volume of 3,118,161. Juniper Networks, Inc. has a 52 week low of $33.72 and a 52 week 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. The company has a market capitalization of $12.03 billion, a price-to-earnings ratio of 41.99, a price-to-earnings-growth ratio of 2.20 and a beta of 0.86. The firm has a 50-day moving average price of $36.41 and a 200 day moving average price of $37.45.

Juniper Networks (NYSE:JNPR - Get Free Report) last issued its earnings results on Tuesday, February 4th. The network equipment provider reported $0.45 earnings per share (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%. On average, sell-side analysts forecast that Juniper Networks, Inc. will post 1.33 EPS for the current year.

Juniper Networks Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Monday, March 24th. Shareholders of record on Monday, March 3rd were issued a $0.22 dividend. This represents a $0.88 dividend on an annualized basis and a dividend yield of 2.44%. The ex-dividend date was Monday, March 3rd. Juniper Networks's payout ratio is 102.33%.

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.