Siemens Fonds Invest GmbH Invests $602,000 in Juniper Networks, Inc. (NYSE:JNPR)

Siemens Fonds Invest GmbH acquired a new stake in Juniper Networks, Inc. (NYSE:JNPR - Free Report) in the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor acquired 16,065 shares of the network equipment provider's stock, valued at approximately $602,000.

Several other hedge funds and other institutional investors have also made changes to their positions in the company. Assenagon Asset Management S.A. grew its position in shares of Juniper Networks by 10.8% in the 4th quarter. Assenagon Asset Management S.A. now owns 83,254 shares of the network equipment provider's stock valued at $3,118,000 after acquiring an additional 8,118 shares during the period. Ritholtz Wealth Management acquired a new stake in Juniper Networks in the 4th quarter valued at about $207,000. Avanza Fonder AB bought a new position in Juniper Networks during the fourth quarter worth about $1,349,000. SG Americas Securities LLC increased its position in Juniper Networks by 123.8% during the fourth quarter. SG Americas Securities LLC now owns 226,448 shares of the network equipment provider's stock worth $8,480,000 after buying an additional 125,278 shares during the last quarter. Finally, Empirical Financial Services LLC d.b.a. Empirical Wealth Management acquired a new position in Juniper Networks during the fourth quarter worth approximately $1,374,000. 91.95% of the stock is owned by institutional investors.

Insider Activity at Juniper Networks

In other Juniper Networks news, COO Manoj Leelanivas sold 30,978 shares of the stock in a transaction dated Wednesday, February 26th. The shares were sold at an average price of $36.02, for a total transaction of $1,115,827.56. Following the sale, the chief operating officer now directly owns 94,771 shares in the company, valued at $3,413,651.42. This represents a 24.63% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at the SEC website. 1.37% of the stock is currently owned by corporate insiders.

Juniper Networks Stock Down 0.5%

JNPR stock opened at $36.08 on Friday. Juniper Networks, Inc. has a fifty-two week low of $33.42 and a fifty-two 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 stock has a market capitalization of $12.06 billion, a price-to-earnings ratio of 41.95, a PEG ratio of 2.20 and a beta of 0.82. The business's fifty day moving average price is $35.60 and its two-hundred day moving average price is $36.53.

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

Juniper Networks Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Monday, June 23rd. Investors of record on Monday, June 2nd will be paid a $0.22 dividend. This represents a $0.88 annualized dividend and a dividend yield of 2.44%. The ex-dividend date of this dividend is Monday, June 2nd. Juniper Networks's dividend payout ratio (DPR) is currently 83.81%.

Wall Street Analyst Weigh In

JNPR has been the subject of several research analyst reports. StockNews.com upgraded Juniper Networks from a "buy" rating to a "strong-buy" rating in a research note on Friday, May 2nd. Argus downgraded Juniper Networks from a "buy" rating to a "hold" rating in a report on Friday, February 7th. Rosenblatt Securities reaffirmed a "neutral" rating and set a $40.00 price objective on shares of Juniper Networks in a research report on Friday, May 2nd. Barclays increased their price objective on shares of Juniper Networks from $39.00 to $40.00 and gave the company an "equal weight" rating in a research report on Monday, May 5th. Finally, Evercore ISI upgraded shares of Juniper Networks from an "in-line" rating to an "outperform" rating and set a $40.00 target price for the company in a research note on Tuesday, February 4th. Five equities research 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. According to MarketBeat, the company currently has an average rating of "Hold" and a consensus target price of $40.00.

Juniper Networks Company 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.

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