Swiss National Bank Has $34.83 Million Stock Holdings in Juniper Networks, Inc. (NYSE:JNPR)

Swiss National Bank lowered its holdings in Juniper Networks, Inc. (NYSE:JNPR - Free Report) by 3.6% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 929,900 shares of the network equipment provider's stock after selling 34,500 shares during the period. Swiss National Bank owned about 0.28% of Juniper Networks worth $34,825,000 at the end of the most recent reporting period.

Other hedge funds also recently made changes to their positions in the company. Hollencrest Capital Management acquired a new position in shares of Juniper Networks in the 4th quarter worth approximately $38,000. EverSource Wealth Advisors LLC grew its stake in shares of Juniper Networks by 47.8% in the 4th 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 position 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 acquiring an additional 1,045 shares in the last quarter. Longfellow Investment Management Co. LLC raised its holdings in shares of Juniper Networks by 84.7% during the third quarter. Longfellow Investment Management Co. LLC now owns 1,830 shares of the network equipment provider's stock valued at $71,000 after acquiring an additional 839 shares during the period. Finally, Brooklyn Investment Group acquired a new stake in shares of Juniper Networks during the third quarter valued at approximately $76,000. Institutional investors and hedge funds own 91.95% of the company's stock.

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Wall Street Analyst Weigh In

A number of equities research analysts have recently issued reports on JNPR shares. Argus lowered shares of Juniper Networks from a "buy" rating to a "hold" rating in a report on Friday, February 7th. Evercore ISI upgraded shares of 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. Barclays boosted 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. Finally, StockNews.com lowered shares of Juniper Networks from a "strong-buy" rating to a "buy" rating in a report on Monday, March 3rd. Five analysts have rated the stock with a hold rating and two have given a buy rating to the stock. According to MarketBeat, Juniper Networks has a consensus rating of "Hold" and an average price target of $39.80.

Juniper Networks Stock Performance

NYSE:JNPR traded up $0.07 during trading hours on Thursday, hitting $36.15. 1,979,552 shares of the company traded hands, compared to its average volume of 3,108,361. The stock has a market capitalization of $12.04 billion, a price-to-earnings ratio of 42.03, a P/E/G ratio of 2.20 and a beta of 0.86. Juniper Networks, Inc. has a twelve month low of $33.72 and a twelve month high of $39.79. The firm has a 50-day moving average of $36.60 and a 200 day moving average of $37.53. The company has a current ratio of 1.46, a quick ratio of 1.14 and a debt-to-equity ratio of 0.25.

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

Juniper Networks Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Monday, March 24th. Shareholders of record on Monday, March 3rd will be issued a dividend of $0.22 per share. This represents a $0.88 dividend on an annualized basis and a yield of 2.43%. The ex-dividend date of this dividend is Monday, March 3rd. Juniper Networks's dividend payout ratio is currently 102.33%.

Insiders Place Their Bets

In other news, COO Manoj Leelanivas sold 30,978 shares of the firm's stock in a transaction dated Wednesday, February 26th. The shares were 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 owns 94,771 shares of the company's stock, valued at approximately $3,413,651.42. This trade represents a 24.63 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. 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.