Eisler Capital Management Ltd. Invests $979,000 in Juniper Networks, Inc. (NYSE:JNPR)

Eisler Capital Management Ltd. acquired a new position in shares of Juniper Networks, Inc. (NYSE:JNPR - Free Report) in the fourth quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor acquired 25,916 shares of the network equipment provider's stock, valued at approximately $979,000.

A number of other institutional investors also recently added to or reduced their stakes in the business. Hollencrest Capital Management purchased a new position in shares of Juniper Networks in the 4th quarter worth about $38,000. EverSource Wealth Advisors LLC raised its holdings in shares of Juniper Networks by 47.8% during the fourth 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 period. Huntington National Bank grew its holdings in shares of Juniper Networks by 91.9% during the fourth quarter. Huntington National Bank now owns 1,263 shares of the network equipment provider's stock valued at $47,000 after purchasing an additional 605 shares during the last quarter. Larson Financial Group LLC boosted its position in shares of Juniper Networks by 139.5% during the fourth quarter. Larson Financial Group LLC now owns 1,794 shares of the network equipment provider's stock worth $67,000 after buying an additional 1,045 shares during the period. Finally, Smartleaf Asset Management LLC increased its stake in Juniper Networks by 41.5% during the 4th quarter. Smartleaf Asset Management LLC now owns 2,099 shares of the network equipment provider's stock valued at $78,000 after buying an additional 616 shares during the period. Hedge funds and other institutional investors own 91.95% of the company's stock.

Wall Street Analyst Weigh In

Several equities analysts have recently issued reports on JNPR shares. Evercore ISI raised shares of Juniper Networks from an "in-line" rating to an "outperform" rating and set a $40.00 price objective on the stock in a research note on Tuesday, February 4th. Argus cut Juniper Networks from a "buy" rating to a "hold" rating in a report on Friday, February 7th. StockNews.com raised Juniper Networks from a "buy" rating to a "strong-buy" rating in a research note on Friday, May 2nd. Barclays boosted their target price on Juniper Networks from $39.00 to $40.00 and gave the stock an "equal weight" rating in a research report on Monday, May 5th. Finally, Rosenblatt Securities reiterated a "neutral" rating and issued a $40.00 price target on shares of Juniper Networks in a research report on Friday, May 2nd. Five investment analysts have rated the stock with a hold rating, one has issued a buy rating and one has given a strong buy rating to the stock. Based on data from MarketBeat.com, the stock currently has an average rating of "Hold" and a consensus price target of $40.00.

Juniper Networks Stock Performance

Shares of NYSE JNPR traded down $0.18 during trading hours on Tuesday, hitting $36.40. 2,392,259 shares of the stock were exchanged, compared to its average volume of 3,250,806. Juniper Networks, Inc. has a one year low of $33.42 and a one year high of $39.79. The company's 50 day moving average is $35.58 and its 200 day moving average is $36.59. 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 firm has a market capitalization of $12.17 billion, a P/E ratio of 42.33, a P/E/G ratio of 2.20 and a beta of 0.82.

Juniper Networks (NYSE:JNPR - Get Free Report) last announced its earnings results on Thursday, May 1st. The network equipment provider reported $0.43 earnings per share for the quarter, beating the consensus estimate of $0.41 by $0.02. Juniper Networks had a return on equity of 7.57% and a net margin of 5.67%. The firm had revenue of $1.28 billion during the quarter, compared to the consensus estimate of $1.28 billion. During the same quarter in the prior year, the company earned $0.29 EPS. The firm's revenue for the quarter was up 11.4% compared to the same quarter last year. On average, research analysts expect that Juniper Networks, Inc. will post 1.33 EPS for the current year.

Juniper Networks Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Monday, June 23rd. Shareholders of record on Monday, June 2nd will be given a $0.22 dividend. The ex-dividend date of this dividend is Monday, June 2nd. This represents a $0.88 annualized dividend and a yield of 2.42%. Juniper Networks's dividend payout ratio is 83.81%.

Insider Activity

In other Juniper Networks 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 completion of the transaction, the chief operating officer now owns 94,771 shares of the company's stock, valued at $3,413,651.42. This represents a 24.63% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available at this link. 1.37% of the stock is owned by company insiders.

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.