Caisse DE Depot ET Placement DU Quebec Has $1.97 Million Stock Holdings in Juniper Networks, Inc. (NYSE:JNPR)

Caisse DE Depot ET Placement DU Quebec boosted its position in shares of Juniper Networks, Inc. (NYSE:JNPR - Free Report) by 514.7% in the fourth quarter, according to the company in its most recent disclosure with the SEC. The firm owned 52,549 shares of the network equipment provider's stock after purchasing an additional 44,000 shares during the quarter. Caisse DE Depot ET Placement DU Quebec's holdings in Juniper Networks were worth $1,968,000 as of its most recent SEC filing.

Other large investors have also recently bought and sold shares of the company. Franklin Resources Inc. increased its position in shares of Juniper Networks by 20.2% in the 3rd quarter. Franklin Resources Inc. now owns 210,338 shares of the network equipment provider's stock valued at $8,153,000 after buying an additional 35,337 shares in the last quarter. Principal Financial Group Inc. raised its position in shares of Juniper Networks by 5.1% during the third quarter. Principal Financial Group Inc. now owns 446,529 shares of the network equipment provider's stock worth $17,406,000 after purchasing an additional 21,651 shares during the period. GAMMA Investing LLC lifted its holdings in shares of Juniper Networks by 23.6% during the 4th quarter. GAMMA Investing LLC now owns 5,522 shares of the network equipment provider's stock valued at $207,000 after purchasing an additional 1,056 shares in the last quarter. Everence Capital Management Inc. acquired a new position in shares of Juniper Networks in the 4th quarter valued at approximately $229,000. Finally, Harbor Capital Advisors Inc. increased its stake in Juniper Networks by 12.6% during the 4th 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 in the last quarter. Institutional investors own 91.95% of the company's stock.

Insider Transactions at Juniper Networks

In other news, COO Manoj Leelanivas sold 30,978 shares of Juniper Networks 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 completion of the transaction, the chief operating officer now directly owns 94,771 shares in the company, valued at approximately $3,413,651.42. The trade was a 24.63 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. 1.28% of the stock is owned by company insiders.

Analyst Ratings Changes

Several research analysts have recently weighed in on JNPR shares. Rosenblatt Securities reiterated a "neutral" rating and issued a $40.00 price target on shares of Juniper Networks in a report on Friday. StockNews.com upgraded Juniper Networks from a "buy" rating to a "strong-buy" rating in a report on Friday. Barclays boosted their price target on Juniper Networks from $37.00 to $39.00 and gave the company an "equal weight" rating in a report on Wednesday, February 5th. Argus downgraded Juniper Networks from a "buy" rating to a "hold" rating in a report on Friday, February 7th. Finally, Evercore ISI upgraded Juniper Networks from an "in-line" rating to an "outperform" rating and set a $40.00 target price on the stock in a research note on Tuesday, February 4th. Five analysts have rated the stock with a hold rating, one has given a buy rating and one has given a strong buy rating to the stock. Based on data from MarketBeat.com, Juniper Networks has an average rating of "Hold" and a consensus target price of $39.80.

Juniper Networks Stock Performance

JNPR opened at $36.64 on Monday. The business's 50-day simple moving average is $35.52 and its 200 day simple moving average is $36.70. Juniper Networks, Inc. has a 52-week low of $33.42 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 firm has a market capitalization of $12.25 billion, a PE ratio of 42.60, a PEG ratio of 2.20 and a beta of 0.84.

Juniper Networks (NYSE:JNPR - Get Free Report) last announced its quarterly earnings data on Thursday, May 1st. The network equipment provider reported $0.43 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.41 by $0.02. Juniper Networks had a return on equity of 7.57% and a net margin of 5.67%. The company had revenue of $1.28 billion for the quarter, compared to analysts' expectations of $1.28 billion. During the same quarter in the prior year, the business posted $0.29 EPS. The business's revenue was up 11.4% compared to the same quarter last year. As a group, sell-side analysts expect that Juniper Networks, Inc. will post 1.33 earnings per share for the current fiscal year.

Juniper Networks Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Monday, June 23rd. Stockholders of record on Monday, June 2nd will be given a $0.22 dividend. This represents a $0.88 dividend on an annualized basis and a dividend yield of 2.40%. The ex-dividend date of this dividend is Monday, June 2nd. Juniper Networks's dividend payout ratio (DPR) is presently 102.33%.

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.

Want to see what other hedge funds are holding JNPR? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Juniper Networks, Inc. (NYSE:JNPR - Free Report).

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.