Siemens Fonds Invest GmbH Takes Position in Juniper Networks, Inc. (NYSE:JNPR)

Siemens Fonds Invest GmbH bought a new position in Juniper Networks, Inc. (NYSE:JNPR - Free Report) in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm bought 16,065 shares of the network equipment provider's stock, valued at approximately $602,000.

Several other hedge funds and other institutional investors also recently made changes to their positions in JNPR. Norges Bank purchased a new stake in Juniper Networks in the 4th quarter worth about $262,618,000. FIL Ltd lifted its position in shares of Juniper Networks by 20.5% in the fourth quarter. FIL Ltd now owns 12,752,814 shares of the network equipment provider's stock worth $477,593,000 after purchasing an additional 2,167,567 shares in the last quarter. Amundi boosted its holdings in shares of Juniper Networks by 60.1% during the fourth quarter. Amundi now owns 4,157,158 shares of the network equipment provider's stock worth $159,510,000 after purchasing an additional 1,559,884 shares during the period. Melqart Asset Management UK Ltd acquired a new position in Juniper Networks in the 4th quarter valued at approximately $43,413,000. Finally, Hudson Bay Capital Management LP increased its stake in Juniper Networks by 70.1% in the 4th quarter. Hudson Bay Capital Management LP now owns 2,811,005 shares of the network equipment provider's stock valued at $105,272,000 after buying an additional 1,158,713 shares during the period. 91.95% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

JNPR has been the topic of several research analyst reports. Barclays boosted their price target on shares of Juniper Networks from $39.00 to $40.00 and gave the company an "equal weight" rating in a report on Monday, May 5th. Wall Street Zen raised Juniper Networks from a "buy" rating to a "strong-buy" rating in a research note on Friday, May 2nd. Argus cut Juniper Networks from a "buy" rating to a "hold" rating in a research note on Friday, February 7th. Rosenblatt Securities reiterated a "neutral" rating and issued a $40.00 target price on shares of Juniper Networks in a research note on Friday, May 2nd. Finally, Evercore ISI upgraded 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 research note on Tuesday, February 4th. Five analysts have rated the stock with a hold rating, one has assigned a buy rating and one has issued a strong buy rating to the stock. Based on data from MarketBeat, Juniper Networks has a consensus rating of "Hold" and a consensus target price of $40.00.

Juniper Networks Stock Performance

Juniper Networks stock traded up $0.19 during trading hours on Monday, reaching $35.90. 750,881 shares of the company were exchanged, compared to its average volume of 3,245,071. Juniper Networks, Inc. has a 12 month low of $33.42 and a 12 month high of $39.79. The company has a current ratio of 1.46, a quick ratio of 1.14 and a debt-to-equity ratio of 0.25. The stock has a 50-day moving average of $35.61 and a 200 day moving average of $36.32. The firm has a market cap of $12.00 billion, a price-to-earnings ratio of 41.74, a PEG ratio of 2.20 and a beta of 0.82.

Juniper Networks (NYSE:JNPR - Get Free Report) last posted its quarterly earnings data on Thursday, May 1st. The network equipment provider reported $0.43 earnings per share (EPS) for the quarter, topping 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 during the quarter, compared to the consensus estimate of $1.28 billion. During the same period in the prior year, the firm earned $0.29 EPS. Juniper Networks's quarterly revenue was up 11.4% compared to the same quarter last year. As a group, research analysts anticipate that Juniper Networks, Inc. will post 1.33 earnings per share for the current year.

Juniper Networks Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, June 23rd. Stockholders of record on Monday, June 2nd will be paid a $0.22 dividend. The ex-dividend date is Monday, June 2nd. This represents a $0.88 dividend on an annualized basis and a dividend yield of 2.45%. Juniper Networks's payout ratio is presently 83.81%.

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.