Royal London Asset Management Ltd. Purchases 32,877 Shares of Juniper Networks, Inc. (NYSE:JNPR)

Royal London Asset Management Ltd. lifted its holdings in Juniper Networks, Inc. (NYSE:JNPR - Free Report) by 24.8% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 165,559 shares of the network equipment provider's stock after purchasing an additional 32,877 shares during the period. Royal London Asset Management Ltd. owned 0.05% of Juniper Networks worth $6,200,000 at the end of the most recent reporting period.

Other large investors have also recently bought and sold shares of the company. EverSource Wealth Advisors LLC boosted its stake in shares of Juniper Networks by 47.8% during the 4th quarter. EverSource Wealth Advisors LLC now owns 1,123 shares of the network equipment provider's stock worth $42,000 after acquiring an additional 363 shares in the last quarter. Gould Capital LLC lifted its holdings in Juniper Networks by 1.9% in the 3rd quarter. Gould Capital LLC now owns 29,298 shares of the network equipment provider's stock worth $1,142,000 after purchasing an additional 534 shares during the last quarter. Harbor Capital Advisors Inc. boosted its position in Juniper Networks by 12.6% during the fourth quarter. Harbor Capital Advisors Inc. now owns 4,913 shares of the network equipment provider's stock worth $184,000 after purchasing an additional 549 shares during the period. Hilltop Holdings Inc. grew its holdings in Juniper Networks by 1.2% during the third quarter. Hilltop Holdings Inc. now owns 47,639 shares of the network equipment provider's stock valued at $1,857,000 after purchasing an additional 580 shares during the last quarter. Finally, Smartleaf Asset Management LLC raised its position in shares of Juniper Networks by 41.5% in the fourth quarter. Smartleaf Asset Management LLC now owns 2,099 shares of the network equipment provider's stock valued at $78,000 after purchasing an additional 616 shares during the period. 91.95% of the stock is currently owned by institutional investors.

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Juniper Networks Stock Performance

JNPR stock traded down $0.01 during trading on Tuesday, reaching $36.10. 348,593 shares of the stock were exchanged, compared to its average volume of 3,115,602. Juniper Networks, Inc. has a twelve month low of $33.72 and a twelve month high of $39.79. The company has a current ratio of 1.46, a quick ratio of 1.14 and a debt-to-equity ratio of 0.25. The company has a market capitalization of $12.03 billion, a P/E ratio of 41.97, a price-to-earnings-growth ratio of 2.20 and a beta of 0.86. The stock has a 50 day simple moving average of $36.46 and a 200-day simple moving average of $37.46.

Juniper Networks (NYSE:JNPR - Get Free Report) last announced its quarterly earnings data on Tuesday, February 4th. The network equipment provider reported $0.45 EPS for the quarter, missing analysts' consensus estimates 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, sell-side analysts anticipate that Juniper Networks, Inc. will post 1.33 earnings per share for the current year.

Juniper Networks Announces Dividend

The firm also recently declared 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 annualized dividend and a yield of 2.44%. The ex-dividend date was Monday, March 3rd. Juniper Networks's dividend payout ratio (DPR) is presently 102.33%.

Analyst Ratings Changes

Several research firms recently issued reports on JNPR. Barclays upped their price objective on shares of Juniper Networks from $37.00 to $39.00 and gave the stock an "equal weight" rating in a report on Wednesday, February 5th. StockNews.com upgraded shares of Juniper Networks from a "buy" rating to a "strong-buy" rating in a report on Thursday, March 20th. Evercore ISI raised Juniper Networks from an "in-line" rating to an "outperform" rating and set a $40.00 price target on the stock in a research report on Tuesday, February 4th. Finally, Argus cut Juniper Networks from a "buy" rating to a "hold" rating in a research report on Friday, February 7th. Five investment 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. According to MarketBeat, the company currently has a consensus rating of "Hold" and an average target price of $39.80.

Insider Activity

In other news, COO Manoj Leelanivas sold 30,978 shares of the company's stock in a transaction that occurred 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 approximately $3,413,651.42. This represents a 24.63 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this link. Corporate insiders own 1.28% of the company's stock.

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.