Juniper Networks, Inc. (NYSE:JNPR) Position Increased by Tudor Investment Corp ET AL

Tudor Investment Corp ET AL lifted its stake in shares of Juniper Networks, Inc. (NYSE:JNPR - Free Report) by 1,318.8% during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 297,327 shares of the network equipment provider's stock after purchasing an additional 276,371 shares during the quarter. Tudor Investment Corp ET AL owned about 0.09% of Juniper Networks worth $11,135,000 at the end of the most recent quarter.

A number of other large investors have also made changes to their positions in JNPR. Hollencrest Capital Management acquired a new position in Juniper Networks during the fourth quarter worth about $38,000. EverSource Wealth Advisors LLC boosted its stake in shares of 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 acquiring an additional 363 shares in the last quarter. Huntington National Bank grew its holdings in shares of Juniper Networks by 91.9% in the 4th 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 during the period. Larson Financial Group LLC increased its stake in Juniper Networks by 139.5% in the 4th 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 in the last quarter. Finally, Smartleaf Asset Management LLC raised its holdings in Juniper Networks by 41.5% during the fourth quarter. Smartleaf Asset Management LLC now owns 2,099 shares of the network equipment provider's stock worth $78,000 after purchasing an additional 616 shares during the last quarter. Hedge funds and other institutional investors own 91.95% of the company's stock.

Wall Street Analyst Weigh In

JNPR has been the topic of several research reports. StockNews.com raised Juniper Networks from a "buy" rating to a "strong-buy" rating in a report on Friday. Barclays raised their target price on shares of Juniper Networks from $37.00 to $39.00 and gave the company an "equal weight" rating in a report on Wednesday, February 5th. Argus downgraded shares of Juniper Networks from a "buy" rating to a "hold" rating in a report on Friday, February 7th. Rosenblatt Securities reissued a "neutral" rating and set a $40.00 price objective on shares of Juniper Networks in a research note on Friday. Finally, Evercore ISI raised Juniper Networks from an "in-line" rating to an "outperform" rating and set a $40.00 target price on the stock 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 assigned a strong buy rating to the company. According to data from MarketBeat, Juniper Networks has a consensus rating of "Hold" and a consensus target price of $39.80.

Insider Buying and Selling at Juniper Networks

In related news, COO Manoj Leelanivas sold 30,978 shares of the stock in a transaction dated Wednesday, February 26th. The stock was sold at an average price of $36.02, for a total value of $1,115,827.56. Following the completion of the transaction, the chief operating officer now owns 94,771 shares of the company's stock, valued at approximately $3,413,651.42. This represents a 24.63 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this link. 1.28% of the stock is currently owned by corporate insiders.

Juniper Networks Trading Up 0.8 %

Shares of NYSE:JNPR traded up $0.29 during midday trading on Friday, reaching $36.64. The company's stock had a trading volume of 3,747,871 shares, compared to its average volume of 3,235,032. The business has a 50 day moving average price of $35.52 and a 200 day moving average price of $36.70. Juniper Networks, Inc. has a 1 year low of $33.42 and a 1 year high of $39.79. The firm has a market cap of $12.25 billion, a price-to-earnings ratio of 42.60, a price-to-earnings-growth ratio of 2.20 and a beta of 0.84. The company has a quick ratio of 1.14, a current ratio of 1.46 and a debt-to-equity ratio of 0.25.

Juniper Networks (NYSE:JNPR - Get Free Report) last announced its quarterly earnings results on Thursday, May 1st. The network equipment provider reported $0.43 earnings per share 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 company had revenue of $1.28 billion for the quarter, compared to analyst estimates of $1.28 billion. During the same quarter last year, the business earned $0.29 EPS. Juniper Networks's revenue for the quarter was up 11.4% on a year-over-year basis. Research analysts forecast that Juniper Networks, Inc. will post 1.33 EPS 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 issued a $0.22 dividend. The ex-dividend date of this dividend is Monday, June 2nd. This represents a $0.88 annualized dividend and a yield of 2.40%. Juniper Networks's dividend payout ratio is currently 102.33%.

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.