240,834 Shares in Juniper Networks, Inc. (NYSE:JNPR) Acquired by Universal Beteiligungs und Servicegesellschaft mbH

Universal Beteiligungs und Servicegesellschaft mbH bought a new position in Juniper Networks, Inc. (NYSE:JNPR - Free Report) during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund bought 240,834 shares of the network equipment provider's stock, valued at approximately $9,019,000. Universal Beteiligungs und Servicegesellschaft mbH owned 0.07% of Juniper Networks as of its most recent SEC filing.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Hollencrest Capital Management bought a new stake in shares of Juniper Networks during the fourth quarter valued at approximately $38,000. EverSource Wealth Advisors LLC raised its stake in 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 valued at $42,000 after buying an additional 363 shares during the last quarter. Huntington National Bank lifted its stake in shares of Juniper Networks by 91.9% in the 4th quarter. Huntington National Bank now owns 1,263 shares of the network equipment provider's stock worth $47,000 after purchasing an additional 605 shares during the period. Larson Financial Group LLC lifted its position in 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 valued at $67,000 after purchasing an additional 1,045 shares in the last quarter. Finally, Smartleaf Asset Management LLC lifted its stake in shares of 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 in the last quarter. Institutional investors own 91.95% of the company's stock.

Juniper Networks Price Performance

NYSE JNPR traded down $0.01 during trading hours on Wednesday, hitting $35.94. 2,285,553 shares of the company's stock traded hands, compared to its average volume of 3,248,679. 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 current ratio of 1.46 and a quick ratio of 1.14. The firm's 50-day moving average is $35.60 and its 200-day moving average is $36.31. The company has a market capitalization of $12.02 billion, a PE ratio of 41.79, a PEG ratio of 2.20 and a beta of 0.82.

Juniper Networks (NYSE:JNPR - Get Free Report) last issued 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. The firm had revenue of $1.28 billion during the quarter, compared to the consensus estimate of $1.28 billion. Juniper Networks had a return on equity of 7.57% and a net margin of 5.67%. The company's quarterly revenue was up 11.4% on a year-over-year basis. During the same period last year, the company earned $0.29 EPS. Equities analysts forecast that Juniper Networks, Inc. will post 1.33 EPS for the current fiscal year.

Juniper Networks Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Monday, June 23rd. Shareholders of record on Monday, June 2nd will be paid a $0.22 dividend. The ex-dividend date of this dividend is Monday, June 2nd. This represents a $0.88 annualized dividend and a dividend yield of 2.45%. Juniper Networks's dividend payout ratio (DPR) is 83.81%.

Wall Street Analyst Weigh In

Several equities research analysts have weighed in on JNPR shares. Evercore ISI raised 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. Wall Street Zen upgraded Juniper Networks from a "buy" rating to a "strong-buy" rating in a research note on Friday, May 2nd. Rosenblatt Securities reaffirmed a "neutral" rating and issued a $40.00 price objective on shares of Juniper Networks in a research note on Friday, May 2nd. Argus downgraded shares of Juniper Networks from a "buy" rating to a "hold" rating in a research report on Friday, February 7th. Finally, Barclays upped their price target on shares of Juniper Networks from $39.00 to $40.00 and gave the stock an "equal weight" rating in a research report on Monday, May 5th. Five investment analysts have rated the stock with a hold rating, one has issued a buy rating and one has assigned a strong buy rating to the stock. According to MarketBeat, the stock has an average rating of "Hold" and a consensus target price of $40.00.

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.