UniSuper Management Pty Ltd Has $3.53 Million Stock Holdings in Juniper Networks, Inc. (NYSE:JNPR)

UniSuper Management Pty Ltd lifted its position in shares of Juniper Networks, Inc. (NYSE:JNPR) by 9.4% during the fourth quarter, HoldingsChannel reports. The firm owned 94,334 shares of the network equipment provider’s stock after buying an additional 8,082 shares during the quarter. UniSuper Management Pty Ltd’s holdings in Juniper Networks were worth $3,533,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Pacer Advisors Inc. raised its holdings in Juniper Networks by 25.5% during the 4th quarter. Pacer Advisors Inc. now owns 37,696 shares of the network equipment provider’s stock worth $1,412,000 after buying an additional 7,668 shares during the period. Empirical Financial Services LLC d.b.a. Empirical Wealth Management bought a new stake in Juniper Networks in the 4th quarter valued at $1,374,000. US Bancorp DE boosted its stake in Juniper Networks by 4.5% in the 4th quarter. US Bancorp DE now owns 15,394 shares of the network equipment provider’s stock worth $577,000 after purchasing an additional 660 shares during the period. Paloma Partners Management Co bought a new position in Juniper Networks during the 3rd quarter worth about $1,182,000. Finally, State Street Corp raised its stake in shares of Juniper Networks by 3.8% in the 3rd quarter. State Street Corp now owns 15,758,844 shares of the network equipment provider’s stock valued at $614,280,000 after purchasing an additional 574,418 shares during the period. Institutional investors and hedge funds own 91.95% of the company’s stock.

Juniper Networks Trading Down 0.2 %

Shares of Juniper Networks stock opened at $36.10 on Friday. The stock has a market cap of $12.03 billion, a P/E ratio of 41.97, a P/E/G ratio of 2.20 and a beta of 0.86. 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, Inc. has a 12-month low of $33.72 and a 12-month high of $39.79. The business’s 50 day moving average is $36.26 and its 200-day moving average is $37.41.

Juniper Networks (NYSE:JNPR) last posted its quarterly 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 return on equity of 7.57% and a net margin of 5.67%. Equities research analysts predict that Juniper Networks, Inc. will post 1.33 earnings per share for the current fiscal year.

Juniper Networks Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Monday, March 24th. Investors of record on Monday, March 3rd were paid a $0.22 dividend. The ex-dividend date was Monday, March 3rd. This represents a $0.88 annualized dividend and a yield of 2.44%. Juniper Networks’s dividend payout ratio (DPR) is currently 102.33%.

Analyst Ratings Changes

Several research analysts have recently weighed in on the company. Barclays upped their price objective on Juniper Networks from $37.00 to $39.00 and gave the stock an “equal weight” rating in a research report on Wednesday, February 5th. Argus cut shares of Juniper Networks from a “buy” rating to a “hold” rating in a research note on Friday, February 7th. StockNews.com cut shares of Juniper Networks from a “strong-buy” rating to a “buy” rating in a report on Friday. Finally, Evercore ISI upgraded shares of Juniper Networks from an “in-line” rating to an “outperform” rating and set a $40.00 price target on the stock in a research note on Tuesday, February 4th. 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 an average target price of $39.80.

Insider Buying and Selling

In other Juniper Networks news, COO Manoj Leelanivas sold 30,978 shares of the firm’s 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 sale, the chief operating officer now owns 94,771 shares of the company’s stock, valued at $3,413,651.42. This trade represents a 24.63 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. 1.28% of the stock is currently owned by corporate insiders.

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.