NEOS Investment Management LLC Grows Position in Juniper Networks, Inc. (NYSE:JNPR)

NEOS Investment Management LLC lifted its holdings in shares of Juniper Networks, Inc. (NYSE:JNPR) by 29.7% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 16,292 shares of the network equipment provider’s stock after purchasing an additional 3,728 shares during the quarter. NEOS Investment Management LLC’s holdings in Juniper Networks were worth $610,000 at the end of the most recent quarter.

Several other institutional investors also recently modified their holdings of JNPR. Hollencrest Capital Management bought a new position in Juniper Networks in the fourth quarter valued at $38,000. EverSource Wealth Advisors LLC boosted its holdings in shares of Juniper Networks by 47.8% in the 4th quarter. EverSource Wealth Advisors LLC now owns 1,123 shares of the network equipment provider’s stock worth $42,000 after purchasing an additional 363 shares in the last quarter. Larson Financial Group LLC increased its position in shares of Juniper Networks by 139.5% during 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 during the last quarter. Smartleaf Asset Management LLC raised its holdings in shares of Juniper Networks by 41.5% during the 4th 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 in the last quarter. Finally, Jones Financial Companies Lllp lifted its position in Juniper Networks by 32.0% in the 4th quarter. Jones Financial Companies Lllp now owns 2,654 shares of the network equipment provider’s stock worth $99,000 after buying an additional 643 shares during the last quarter. 91.95% of the stock is currently owned by institutional investors.

Insider Activity

In other news, COO Manoj Leelanivas sold 30,978 shares of Juniper Networks stock in a transaction dated Wednesday, February 26th. The shares were sold at an average price of $36.02, for a total transaction of $1,115,827.56. Following the sale, the chief operating officer now owns 94,771 shares of the company’s stock, valued at approximately $3,413,651.42. The trade was a 24.63 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Insiders own 1.28% of the company’s stock.

Juniper Networks Trading Down 0.2 %

NYSE:JNPR opened at $36.10 on Monday. The firm has a market capitalization 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. The company has a fifty day moving average of $36.26 and a 200 day moving average of $37.40. Juniper Networks, Inc. has a 52 week low of $33.72 and a 52 week high of $39.79.

Juniper Networks (NYSE:JNPR) last posted its earnings results on Tuesday, February 4th. The network equipment provider reported $0.45 earnings per share for the quarter, missing analysts’ consensus estimates of $0.58 by ($0.13). Juniper Networks had a return on equity of 7.57% and a net margin of 5.67%. On average, research analysts predict that Juniper Networks, Inc. will post 1.33 earnings per share for the current year.

Juniper Networks Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Monday, March 24th. Stockholders of record on Monday, March 3rd were given a $0.22 dividend. The ex-dividend date was Monday, March 3rd. This represents a $0.88 dividend on an annualized basis and a dividend yield of 2.44%. Juniper Networks’s dividend payout ratio is currently 102.33%.

Wall Street Analysts Forecast Growth

A number of research analysts have commented on the stock. StockNews.com cut shares of Juniper Networks from a “strong-buy” rating to a “buy” rating in a research report on Friday. Evercore ISI upgraded shares of Juniper Networks from an “in-line” rating to an “outperform” rating and set a $40.00 target price on the stock in a research report on Tuesday, February 4th. Argus lowered shares of Juniper Networks from a “buy” rating to a “hold” rating in a research report on Friday, February 7th. Finally, Barclays raised their price objective on Juniper Networks from $37.00 to $39.00 and gave the company an “equal weight” rating in a research note on Wednesday, February 5th. Five analysts have rated the stock with a hold rating and two have assigned a buy rating to the company’s stock. According to data from MarketBeat.com, Juniper Networks has a consensus rating of “Hold” and a consensus price target of $39.80.

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.