Juniper Networks, Inc. (NYSE:JNPR) Shares Bought by Boothbay Fund Management LLC

Boothbay Fund Management LLC raised its stake in Juniper Networks, Inc. (NYSE:JNPR - Free Report) by 462.8% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 49,361 shares of the network equipment provider's stock after acquiring an additional 40,591 shares during the quarter. Boothbay Fund Management LLC's holdings in Juniper Networks were worth $1,849,000 at the end of the most recent reporting period.

A number of other large investors also recently bought and sold shares of JNPR. Franklin Resources Inc. lifted its holdings in Juniper Networks by 20.2% in the third quarter. Franklin Resources Inc. now owns 210,338 shares of the network equipment provider's stock valued at $8,153,000 after acquiring an additional 35,337 shares during the period. Oddo BHF Asset Management Sas acquired a new position in Juniper Networks in the third quarter valued at approximately $25,337,000. Principal Financial Group Inc. raised its stake in shares of Juniper Networks by 5.1% during the 3rd quarter. Principal Financial Group Inc. now owns 446,529 shares of the network equipment provider's stock worth $17,406,000 after buying an additional 21,651 shares during the period. GAMMA Investing LLC raised its stake in shares of Juniper Networks by 23.6% during the 4th quarter. GAMMA Investing LLC now owns 5,522 shares of the network equipment provider's stock worth $207,000 after buying an additional 1,056 shares during the period. Finally, Everence Capital Management Inc. acquired a new position in shares of Juniper Networks during the 4th quarter worth approximately $229,000. 91.95% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

Several brokerages have recently weighed in on JNPR. 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 research note on Tuesday, February 4th. Argus downgraded Juniper Networks from a "buy" rating to a "hold" rating in a research note on Friday, February 7th. Barclays upped their target price on Juniper Networks from $37.00 to $39.00 and gave the stock an "equal weight" rating in a research note on Wednesday, February 5th. Finally, StockNews.com downgraded Juniper Networks from a "strong-buy" rating to a "buy" rating in a research note on Friday, March 28th. Five equities research analysts have rated the stock with a hold rating and two have assigned a buy rating to the stock. According to MarketBeat.com, Juniper Networks presently has a consensus rating of "Hold" and a consensus target price of $39.80.

Juniper Networks Stock Up 0.5 %

NYSE JNPR opened at $35.79 on Tuesday. The business has a fifty day moving average price of $35.50 and a 200 day moving average price of $36.78. Juniper Networks, Inc. has a one year low of $33.42 and a one year high of $39.79. The company has a debt-to-equity ratio of 0.25, a quick ratio of 1.14 and a current ratio of 1.46. The company has a market cap of $11.96 billion, a P/E ratio of 41.62, a P/E/G ratio of 2.20 and a beta of 0.84.

Juniper Networks (NYSE:JNPR - Get Free Report) last issued its earnings results on Tuesday, February 4th. The network equipment provider reported $0.45 earnings per share (EPS) 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%. Research analysts anticipate that Juniper Networks, Inc. will post 1.33 EPS for the current fiscal year.

Juniper Networks Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Monday, March 24th. Shareholders of record on Monday, March 3rd were issued a $0.22 dividend. This represents a $0.88 annualized dividend and a yield of 2.46%. The ex-dividend date was Monday, March 3rd. Juniper Networks's payout ratio is currently 102.33%.

Insider Buying and Selling at Juniper Networks

In other news, COO Manoj Leelanivas sold 30,978 shares of the stock in a transaction on 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 completion of the transaction, the chief operating officer now directly owns 94,771 shares in the company, valued at approximately $3,413,651.42. This represents a 24.63 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. 1.28% of the stock is owned by company insiders.

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.

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