Tidal Investments LLC Has $2.35 Million Stock Holdings in Juniper Networks, Inc. (NYSE:JNPR)

Tidal Investments LLC reduced its stake in shares of Juniper Networks, Inc. (NYSE:JNPR - Free Report) by 38.1% during the 4th quarter, according to its most recent 13F filing with the SEC. The firm owned 62,854 shares of the network equipment provider's stock after selling 38,768 shares during the period. Tidal Investments LLC's holdings in Juniper Networks were worth $2,354,000 as of its most recent filing with the SEC.

Several other hedge funds have also recently bought and sold shares of JNPR. Vanguard Group Inc. increased its position in shares of Juniper Networks by 1.4% during the fourth quarter. Vanguard Group Inc. now owns 43,264,855 shares of the network equipment provider's stock worth $1,620,269,000 after acquiring an additional 599,214 shares in the last quarter. FIL Ltd increased its holdings in Juniper Networks by 20.5% during the 4th 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. Geode Capital Management LLC raised its stake in shares of Juniper Networks by 3.7% in the 4th quarter. Geode Capital Management LLC now owns 9,897,002 shares of the network equipment provider's stock valued at $370,461,000 after purchasing an additional 356,672 shares during the period. Norges Bank acquired a new stake in shares of Juniper Networks in the 4th quarter valued at about $262,618,000. Finally, Invesco Ltd. lifted its holdings in shares of Juniper Networks by 17.8% in the fourth quarter. Invesco Ltd. now owns 6,525,290 shares of the network equipment provider's stock valued at $244,372,000 after purchasing an additional 987,431 shares in the last quarter. 91.95% of the stock is currently owned by institutional investors and hedge funds.

Juniper Networks Trading Down 0.1%

NYSE JNPR opened at $35.96 on Friday. 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 $35.62 and a 200-day moving average of $36.47. The company has a market cap of $12.02 billion, a PE ratio of 41.82, a PEG ratio of 2.20 and a beta of 0.82.

Juniper Networks (NYSE:JNPR - Get Free Report) last announced its quarterly earnings results on Thursday, May 1st. The network equipment provider reported $0.43 EPS for the quarter, beating analysts' consensus estimates of $0.41 by $0.02. Juniper Networks had a net margin of 5.67% and a return on equity of 7.57%. The firm had revenue of $1.28 billion during the quarter, compared to analysts' expectations of $1.28 billion. The company's revenue for the quarter was up 11.4% compared to the same quarter last year. During the same quarter last year, the company posted $0.29 earnings per share. On average, equities research analysts anticipate 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. Investors of record on Monday, June 2nd will be issued a dividend of $0.22 per share. This represents a $0.88 dividend on an annualized basis and a yield of 2.45%. The ex-dividend date of this dividend is Monday, June 2nd. Juniper Networks's payout ratio is currently 83.81%.

Wall Street Analysts Forecast Growth

A number of research analysts recently issued reports on JNPR shares. Barclays increased their price objective on Juniper Networks from $39.00 to $40.00 and gave the stock an "equal weight" rating in a report on Monday, May 5th. Evercore ISI upgraded 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 report on Tuesday, February 4th. Wall Street Zen upgraded shares of Juniper Networks from a "buy" rating to a "strong-buy" rating in a report on Friday, May 2nd. Rosenblatt Securities reiterated a "neutral" rating and issued a $40.00 price target on shares of Juniper Networks in a research note on Friday, May 2nd. Finally, Argus cut shares of Juniper Networks from a "buy" rating to a "hold" rating in a research report on Friday, February 7th. Five investment 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 company. Based on data from MarketBeat, the company presently has a consensus rating of "Hold" and a consensus target price of $40.00.

Insiders Place Their Bets

In other Juniper Networks news, COO Manoj Leelanivas sold 30,978 shares of Juniper Networks stock in a transaction on 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 completion of the transaction, the chief operating officer now directly owns 94,771 shares of the company's stock, valued at $3,413,651.42. The trade was a 24.63% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Company insiders own 1.37% of the company's stock.

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.

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