240,834 Shares in Juniper Networks, Inc. (NYSE:JNPR) Bought by Universal Beteiligungs und Servicegesellschaft mbH

Universal Beteiligungs und Servicegesellschaft mbH purchased a new position in Juniper Networks, Inc. (NYSE:JNPR) in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm purchased 240,834 shares of the network equipment provider’s stock, valued at approximately $9,019,000. Universal Beteiligungs und Servicegesellschaft mbH owned 0.07% of Juniper Networks as of its most recent SEC filing.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Hollencrest Capital Management purchased a new stake in Juniper Networks in the fourth quarter worth $38,000. EverSource Wealth Advisors LLC lifted its position in Juniper Networks by 47.8% during the fourth quarter. EverSource Wealth Advisors LLC now owns 1,123 shares of the network equipment provider’s stock valued at $42,000 after buying an additional 363 shares during the period. Huntington National Bank lifted its position in Juniper Networks by 91.9% during the fourth quarter. Huntington National Bank now owns 1,263 shares of the network equipment provider’s stock valued at $47,000 after buying an additional 605 shares during the period. Larson Financial Group LLC lifted its position in Juniper Networks by 139.5% during the fourth quarter. Larson Financial Group LLC now owns 1,794 shares of the network equipment provider’s stock valued at $67,000 after buying an additional 1,045 shares during the period. Finally, Smartleaf Asset Management LLC lifted its position 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 valued at $78,000 after buying an additional 616 shares during the period. Hedge funds and other institutional investors own 91.95% of the company’s stock.

Analyst Upgrades and Downgrades

JNPR has been the subject of several recent research reports. Evercore ISI raised Juniper Networks from an “in-line” rating to an “outperform” rating and set a $40.00 price objective for the company in a research report on Tuesday, February 4th. Argus lowered Juniper Networks from a “buy” rating to a “hold” rating in a research report on Friday, February 7th. Wall Street Zen raised Juniper Networks from a “buy” rating to a “strong-buy” rating in a research report on Friday, May 2nd. Rosenblatt Securities reissued a “neutral” rating and set a $40.00 price objective on shares of Juniper Networks in a research report on Friday, May 2nd. Finally, Barclays raised their price objective on Juniper Networks from $39.00 to $40.00 and gave the company an “equal weight” rating in a research 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 issued a strong buy rating to the company’s stock. According to data from MarketBeat.com, the company presently has an average rating of “Hold” and an average price target of $40.00.

Juniper Networks Price Performance

Shares of NYSE:JNPR opened at $35.91 on Friday. Juniper Networks, Inc. has a 1-year low of $33.42 and a 1-year high of $39.79. 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 business has a fifty day moving average price of $35.61 and a 200-day moving average price of $36.34. The company has a market capitalization of $12.01 billion, a PE ratio of 41.76, a PEG ratio of 2.20 and a beta of 0.82.

Juniper Networks (NYSE:JNPR) last issued its quarterly earnings results on Thursday, May 1st. The network equipment provider reported $0.43 earnings per share for the quarter, beating the consensus estimate of $0.41 by $0.02. Juniper Networks had a return on equity of 7.57% and a net margin of 5.67%. The firm had revenue of $1.28 billion during the quarter, compared to the consensus estimate of $1.28 billion. During the same period last year, the company earned $0.29 earnings per share. The company’s revenue was up 11.4% on a year-over-year basis. As a group, equities analysts expect that Juniper Networks, Inc. will post 1.33 EPS for the current fiscal year.

Juniper Networks Dividend Announcement

The firm also recently disclosed 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 is Monday, June 2nd. This represents a $0.88 annualized dividend and a yield of 2.45%. Juniper Networks’s payout ratio is 83.81%.

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.