Ossiam Increases Holdings in Juniper Networks, Inc. (NYSE:JNPR)

Ossiam raised its holdings in shares of Juniper Networks, Inc. (NYSE:JNPR - Free Report) by 2,186.0% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 339,724 shares of the network equipment provider's stock after acquiring an additional 324,863 shares during the period. Ossiam owned about 0.10% of Juniper Networks worth $12,723,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently made changes to their positions in the business. BI Asset Management Fondsmaeglerselskab A S bought a new stake in Juniper Networks during the 4th quarter valued at $279,000. Canada Pension Plan Investment Board raised its stake in shares of Juniper Networks by 8.3% during the fourth quarter. Canada Pension Plan Investment Board now owns 542,298 shares of the network equipment provider's stock valued at $20,309,000 after acquiring an additional 41,400 shares during the last quarter. Marshall Wace LLP raised its position in Juniper Networks by 150.0% during the 4th quarter. Marshall Wace LLP now owns 488,761 shares of the network equipment provider's stock valued at $18,304,000 after purchasing an additional 293,294 shares during the last quarter. GABELLI & Co INVESTMENT ADVISERS INC. raised its position in Juniper Networks by 14.3% during the 4th quarter. GABELLI & Co INVESTMENT ADVISERS INC. now owns 476,018 shares of the network equipment provider's stock valued at $17,827,000 after purchasing an additional 59,618 shares during the last quarter. Finally, Gamco Investors INC. ET AL lifted its holdings in Juniper Networks by 71.8% in the 4th quarter. Gamco Investors INC. ET AL now owns 126,094 shares of the network equipment provider's stock worth $4,722,000 after buying an additional 52,713 shares during the period. 91.95% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

JNPR has been the topic of several recent analyst reports. Barclays lifted their price target on shares of Juniper Networks from $37.00 to $39.00 and gave the company an "equal weight" rating in a report on Wednesday, February 5th. StockNews.com cut shares of Juniper Networks from a "strong-buy" rating to a "buy" rating in a research report on Friday, March 28th. 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 report on Tuesday, February 4th. Finally, Argus lowered Juniper Networks from a "buy" rating to a "hold" rating in a research report on Friday, February 7th. Five equities research 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, Juniper Networks currently has an average rating of "Hold" and an average price target of $39.80.

Juniper Networks Stock Up 0.5 %

Juniper Networks stock traded up $0.17 during mid-day trading on Thursday, reaching $35.51. The stock had a trading volume of 651,925 shares, compared to its average volume of 3,259,009. The company has a market capitalization of $11.83 billion, a price-to-earnings ratio of 41.28, a PEG ratio of 2.20 and a beta of 0.84. Juniper Networks, Inc. has a one year low of $33.42 and a one year high of $39.79. 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 company has a 50-day moving average price of $35.53 and a two-hundred day moving average price of $36.87.

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%. On average, analysts expect that Juniper Networks, Inc. will post 1.33 EPS for the current fiscal year.

Juniper Networks Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Monday, March 24th. Shareholders of record on Monday, March 3rd were given a $0.22 dividend. This represents a $0.88 dividend on an annualized basis and a yield of 2.48%. The ex-dividend date of this dividend was Monday, March 3rd. Juniper Networks's dividend payout ratio (DPR) is presently 102.33%.

Insider Buying and Selling at Juniper Networks

In related 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 transaction of $1,115,827.56. Following the completion of the sale, 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 ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Company insiders own 1.28% of the company's stock.

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.