Adage Capital Partners GP L.L.C. Has $88.44 Million Holdings in Juniper Networks, Inc. (NYSE:JNPR)

Adage Capital Partners GP L.L.C. increased its position in Juniper Networks, Inc. (NYSE:JNPR - Free Report) by 36.6% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 2,361,572 shares of the network equipment provider's stock after purchasing an additional 632,423 shares during the quarter. Adage Capital Partners GP L.L.C. owned approximately 0.71% of Juniper Networks worth $88,441,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also bought and sold shares of the company. Pacer Advisors Inc. boosted its stake in shares of Juniper Networks by 25.5% in the fourth quarter. Pacer Advisors Inc. now owns 37,696 shares of the network equipment provider's stock worth $1,412,000 after buying an additional 7,668 shares during the last quarter. Empirical Financial Services LLC d.b.a. Empirical Wealth Management acquired a new stake in Juniper Networks during the 4th quarter worth $1,374,000. US Bancorp DE grew its holdings in shares of Juniper Networks by 4.5% in the fourth quarter. US Bancorp DE now owns 15,394 shares of the network equipment provider's stock valued at $577,000 after purchasing an additional 660 shares during the period. KBC Group NV raised its position in shares of Juniper Networks by 12.1% during the 4th quarter. KBC Group NV now owns 88,162 shares of the network equipment provider's stock valued at $3,302,000 after buying an additional 9,548 shares during the period. Finally, Principal Financial Group Inc. raised its position in shares of Juniper Networks by 5.1% during the 3rd quarter. Principal Financial Group Inc. now owns 446,529 shares of the network equipment provider's stock valued at $17,406,000 after buying an additional 21,651 shares during the period. 91.95% of the stock is owned by institutional investors.

Juniper Networks Trading Up 0.1 %

JNPR traded up $0.05 during trading on Tuesday, reaching $35.84. The company had a trading volume of 400,408 shares, compared to its average volume of 3,213,614. The company has a debt-to-equity ratio of 0.25, a quick ratio of 1.14 and a current ratio of 1.46. Juniper Networks, Inc. has a 12-month low of $33.42 and a 12-month high of $39.79. The firm's 50-day simple moving average is $35.50 and its 200 day simple moving average is $36.78. The company has a market cap of $11.98 billion, a price-to-earnings ratio of 41.66, a PEG ratio of 2.20 and a beta of 0.84.

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%. Equities research analysts anticipate that Juniper Networks, Inc. will post 1.33 earnings per share for the current year.

Juniper Networks Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Monday, March 24th. Shareholders of record on Monday, March 3rd were paid a $0.22 dividend. This represents a $0.88 annualized dividend and a yield of 2.46%. The ex-dividend date of this dividend was Monday, March 3rd. Juniper Networks's payout ratio is presently 102.33%.

Insider Buying and Selling at Juniper Networks

In other Juniper Networks news, COO Manoj Leelanivas sold 30,978 shares of the business'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 transaction of $1,115,827.56. Following the transaction, the chief operating officer now owns 94,771 shares of the company's stock, valued at $3,413,651.42. The trade was a 24.63 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Insiders own 1.28% of the company's stock.

Analysts Set New Price Targets

JNPR has been the subject of several research reports. Barclays boosted their price target on shares of Juniper Networks from $37.00 to $39.00 and gave the stock an "equal weight" rating in a research note on Wednesday, February 5th. Argus lowered shares of Juniper Networks from a "buy" rating to a "hold" rating in a research note on Friday, February 7th. StockNews.com downgraded shares of Juniper Networks from a "strong-buy" rating to a "buy" rating in a report on Friday, March 28th. Finally, Evercore ISI raised 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. Five equities research analysts have rated the stock with a hold rating and two have given a buy rating to the company's stock. Based on data from MarketBeat, the stock currently has a consensus rating of "Hold" and an average price target of $39.80.

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.