Canada Pension Plan Investment Board Has $20.31 Million Position in Juniper Networks, Inc. (NYSE:JNPR)

Canada Pension Plan Investment Board raised its stake in Juniper Networks, Inc. (NYSE:JNPR - Free Report) by 8.3% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 542,298 shares of the network equipment provider's stock after purchasing an additional 41,400 shares during the period. Canada Pension Plan Investment Board owned approximately 0.16% of Juniper Networks worth $20,309,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently bought and sold shares of JNPR. Hollencrest Capital Management acquired a new stake in Juniper Networks in the 4th quarter valued at about $38,000. EverSource Wealth Advisors LLC increased 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 worth $42,000 after purchasing an additional 363 shares in the last quarter. Huntington National Bank increased its position in shares of Juniper Networks by 91.9% during the fourth quarter. Huntington National Bank now owns 1,263 shares of the network equipment provider's stock worth $47,000 after acquiring an additional 605 shares in the last quarter. Larson Financial Group LLC raised its holdings in shares of Juniper Networks by 139.5% in 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 during the last quarter. Finally, Smartleaf Asset Management LLC increased its stake in Juniper Networks by 41.5% in 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 during the last quarter. Institutional investors own 91.95% of the company's stock.

Juniper Networks Stock Performance

Shares of Juniper Networks stock traded up $0.06 during trading on Friday, reaching $35.59. The company's stock had a trading volume of 271,632 shares, compared to its average volume of 3,240,825. The company has a quick ratio of 1.14, a current ratio of 1.46 and a debt-to-equity ratio of 0.25. The firm has a market cap of $11.86 billion, a PE ratio of 41.37, a P/E/G ratio of 2.20 and a beta of 0.84. Juniper Networks, Inc. has a 52 week low of $32.87 and a 52 week high of $39.79. The business's 50-day moving average price is $35.51 and its 200-day moving average price is $36.85.

Juniper Networks (NYSE:JNPR - Get Free Report) last announced its quarterly earnings data on Tuesday, February 4th. The network equipment provider reported $0.45 earnings per share for the quarter, missing the consensus estimate of $0.58 by ($0.13). Juniper Networks had a net margin of 5.67% and a return on equity of 7.57%. Equities analysts forecast 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 was paid on Monday, March 24th. Investors of record on Monday, March 3rd were given a dividend of $0.22 per share. The ex-dividend date of this dividend was Monday, March 3rd. This represents a $0.88 annualized dividend and a dividend yield of 2.47%. Juniper Networks's dividend payout ratio is currently 102.33%.

Insider Activity

In other news, COO Manoj Leelanivas sold 30,978 shares of the business's stock in a transaction dated Wednesday, February 26th. The stock was 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 approximately $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 accessible through the SEC website. 1.28% of the stock is currently owned by corporate insiders.

Wall Street Analyst Weigh In

A number of research firms have weighed in on JNPR. Evercore ISI raised Juniper Networks from an "in-line" rating to an "outperform" rating and set a $40.00 price target on the stock in a research report on Tuesday, February 4th. Barclays lifted their price objective on shares of Juniper Networks from $37.00 to $39.00 and gave the company an "equal weight" rating in a research report on Wednesday, February 5th. StockNews.com cut shares of Juniper Networks from a "strong-buy" rating to a "buy" rating in a report on Friday, March 28th. Finally, Argus lowered Juniper Networks from a "buy" rating to a "hold" rating in a report on Friday, February 7th. Five research analysts have rated the stock with a hold rating and two have given a buy rating to the stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of "Hold" and a consensus price target of $39.80.

About Juniper Networks

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.