Laurion Capital Management LP acquired a new stake in shares of Juniper Networks, Inc. (NYSE:JNPR) in the second quarter, according to the company in its most recent Form 13F filing with the SEC. The fund acquired 46,512 shares of the network equipment provider’s stock, valued at approximately $1,275,000.

Other hedge funds have also modified their holdings of the company. American Century Companies Inc. raised its stake in Juniper Networks by 37.3% during the first quarter. American Century Companies Inc. now owns 146,838 shares of the network equipment provider’s stock worth $3,573,000 after acquiring an additional 39,888 shares in the last quarter. State of Wisconsin Investment Board raised its stake in Juniper Networks by 4.1% during the first quarter. State of Wisconsin Investment Board now owns 483,245 shares of the network equipment provider’s stock worth $11,757,000 after acquiring an additional 18,831 shares in the last quarter. Eaton Vance Management grew its holdings in shares of Juniper Networks by 16.9% during the first quarter. Eaton Vance Management now owns 467,324 shares of the network equipment provider’s stock worth $11,370,000 after purchasing an additional 67,637 shares during the last quarter. O Shaughnessy Asset Management LLC grew its holdings in shares of Juniper Networks by 158.9% during the first quarter. O Shaughnessy Asset Management LLC now owns 213,706 shares of the network equipment provider’s stock worth $5,199,000 after purchasing an additional 131,171 shares during the last quarter. Finally, Neuburgh Advisers LLC grew its holdings in shares of Juniper Networks by 17.5% during the first quarter. Neuburgh Advisers LLC now owns 176,594 shares of the network equipment provider’s stock worth $4,297,000 after purchasing an additional 26,290 shares during the last quarter. 92.58% of the stock is owned by hedge funds and other institutional investors.

Juniper Networks stock opened at $27.55 on Thursday. The stock has a market capitalization of $9.48 billion, a P/E ratio of 20.22, a PEG ratio of 4.00 and a beta of 0.87. Juniper Networks, Inc. has a 12-month low of $23.61 and a 12-month high of $29.95. The company has a current ratio of 2.27, a quick ratio of 2.27 and a debt-to-equity ratio of 0.40.

Juniper Networks (NYSE:JNPR) last posted its quarterly earnings results on Thursday, July 26th. The network equipment provider reported $0.48 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.44 by $0.04. The business had revenue of $1.20 billion for the quarter, compared to analysts’ expectations of $1.18 billion. Juniper Networks had a return on equity of 10.83% and a net margin of 3.70%. The firm’s quarterly revenue was down 8.0% compared to the same quarter last year. During the same quarter last year, the business earned $0.57 earnings per share. equities analysts predict that Juniper Networks, Inc. will post 1.2 earnings per share for the current fiscal year.

The company also recently declared a quarterly dividend, which will be paid on Tuesday, September 25th. Investors of record on Tuesday, September 4th will be issued a $0.18 dividend. This represents a $0.72 annualized dividend and a yield of 2.61%. The ex-dividend date of this dividend is Friday, August 31st. Juniper Networks’s dividend payout ratio is 41.62%.

In other Juniper Networks news, CEO Rami Rahim sold 5,300 shares of the firm’s stock in a transaction dated Tuesday, August 7th. The stock was sold at an average price of $26.40, for a total transaction of $139,920.00. The sale was disclosed in a legal filing with the SEC, which is available at the SEC website. Also, Director William Stensrud sold 20,000 shares of the firm’s stock in a transaction dated Wednesday, August 22nd. The stock was sold at an average price of $28.20, for a total value of $564,000.00. Following the transaction, the director now owns 5,531 shares in the company, valued at approximately $155,974.20. The disclosure for this sale can be found here. In the last quarter, insiders sold 41,300 shares of company stock worth $1,130,160. 2.60% of the stock is owned by company insiders.

Several brokerages have recently commented on JNPR. Nomura increased their target price on Juniper Networks from $25.00 to $28.00 and gave the stock a “neutral” rating in a report on Wednesday, June 27th. Credit Suisse Group set a $21.00 target price on Juniper Networks and gave the stock a “sell” rating in a report on Wednesday, July 18th. Zacks Investment Research upgraded Juniper Networks from a “strong sell” rating to a “hold” rating in a report on Friday, May 18th. Rosenblatt Securities restated a “sell” rating and set a $24.00 target price on shares of Juniper Networks in a report on Saturday, July 28th. Finally, Oppenheimer restated a “buy” rating on shares of Juniper Networks in a report on Tuesday, August 7th. Seven investment analysts have rated the stock with a sell rating, eighteen have given a hold rating and six have assigned a buy rating to the company’s stock. Juniper Networks has an average rating of “Hold” and a consensus price target of $26.97.

Juniper Networks Company Profile

Juniper Networks, Inc designs, develops, and sells network products and services worldwide. The company offers various routing products, such as ACX series universal access routers to deploy new high-bandwidth services; MX series Ethernet routers that functions as a universal edge platform; PTX series packet transport routers; cloud customer premises equipment; and NorthStar controllers.

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Institutional Ownership by Quarter for Juniper Networks (NYSE:JNPR)

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