Juniper Networks, Inc. (NYSE:JNPR) Shares Purchased by UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC

UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC raised its holdings in Juniper Networks, Inc. (NYSE:JNPR - Free Report) by 8.6% during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 3,941,105 shares of the network equipment provider's stock after purchasing an additional 311,836 shares during the quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC owned about 1.19% of Juniper Networks worth $147,594,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds have also made changes to their positions in JNPR. Woodline Partners LP purchased a new stake in shares of Juniper Networks during the fourth quarter worth approximately $21,268,000. Vident Advisory LLC raised its position in Juniper Networks by 12.6% during the 4th quarter. Vident Advisory LLC now owns 8,976 shares of the network equipment provider's stock worth $336,000 after buying an additional 1,007 shares during the last quarter. Two Sigma Advisers LP lifted its stake in shares of Juniper Networks by 2,195.3% in the 4th quarter. Two Sigma Advisers LP now owns 342,000 shares of the network equipment provider's stock worth $12,808,000 after acquiring an additional 327,100 shares during the period. Toronto Dominion Bank boosted its holdings in shares of Juniper Networks by 32.6% in the fourth quarter. Toronto Dominion Bank now owns 229,878 shares of the network equipment provider's stock valued at $8,609,000 after acquiring an additional 56,468 shares in the last quarter. Finally, Siemens Fonds Invest GmbH acquired a new position in shares of Juniper Networks during the fourth quarter worth about $602,000. 91.95% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

A number of equities analysts have recently issued reports on the company. Argus downgraded Juniper Networks from a "buy" rating to a "hold" rating in a research note on Friday, February 7th. Wall Street Zen upgraded Juniper Networks from a "buy" rating to a "strong-buy" rating in a research report on Friday, May 2nd. Evercore ISI raised Juniper Networks from an "in-line" rating to an "outperform" rating and set a $40.00 target price for the company in a report on Tuesday, February 4th. Rosenblatt Securities restated a "neutral" rating and set a $40.00 target price on shares of Juniper Networks in a research report on Friday, May 2nd. Finally, Barclays increased 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. Five research 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 company's stock. Based on data from MarketBeat, the stock has an average rating of "Hold" and a consensus target price of $40.00.

Juniper Networks Price Performance

JNPR traded down $0.15 during trading on Wednesday, reaching $35.92. 1,655,968 shares of the stock were exchanged, compared to its average volume of 3,264,844. 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 company has a market capitalization of $12.01 billion, a price-to-earnings ratio of 41.77, a P/E/G ratio of 2.20 and a beta of 0.82. Juniper Networks, Inc. has a 1 year low of $33.42 and a 1 year high of $39.79. The business's 50 day moving average price is $35.62 and its two-hundred day moving average price is $36.38.

Juniper Networks (NYSE:JNPR - Get Free Report) last released its quarterly earnings data on Thursday, May 1st. The network equipment provider reported $0.43 EPS for the quarter, topping the consensus estimate of $0.41 by $0.02. The business had revenue of $1.28 billion for the quarter, compared to analyst estimates of $1.28 billion. Juniper Networks had a net margin of 5.67% and a return on equity of 7.57%. The business's revenue for the quarter was up 11.4% compared to the same quarter last year. During the same period in the previous year, the firm earned $0.29 EPS. As a group, equities research 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 disclosed a quarterly dividend, which will be paid on Monday, June 23rd. Investors of record on Monday, June 2nd will be given a dividend of $0.22 per share. 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 is currently 83.81%.

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.