Groupama Asset Managment Makes New $1.02 Million Investment in Juniper Networks, Inc. (NYSE:JNPR)

Groupama Asset Managment acquired a new stake in shares of Juniper Networks, Inc. (NYSE:JNPR) in the 4th quarter, HoldingsChannel.com reports. The firm acquired 27,234 shares of the network equipment provider’s stock, valued at approximately $1,017,000.

Other institutional investors have also recently made changes to their positions in the company. Hollencrest Capital Management purchased a new stake in Juniper Networks during the 4th quarter worth approximately $38,000. EverSource Wealth Advisors LLC grew its holdings in shares of 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 last quarter. Larson Financial Group LLC increased its position in shares of Juniper Networks by 139.5% in the 4th quarter. Larson Financial Group LLC now owns 1,794 shares of the network equipment provider’s stock valued at $67,000 after acquiring an additional 1,045 shares during the period. Smartleaf Asset Management LLC raised its stake in Juniper Networks by 41.5% in the 4th quarter. Smartleaf Asset Management LLC now owns 2,099 shares of the network equipment provider’s stock worth $78,000 after acquiring an additional 616 shares during the last quarter. Finally, Jones Financial Companies Lllp lifted its position in Juniper Networks by 32.0% during the 4th quarter. Jones Financial Companies Lllp now owns 2,654 shares of the network equipment provider’s stock worth $99,000 after acquiring an additional 643 shares during the period. Institutional investors and hedge funds own 91.95% of the company’s stock.

Insider Buying and Selling

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

Juniper Networks Stock Performance

Shares of NYSE JNPR opened at $36.08 on Thursday. Juniper Networks, Inc. has a 1 year low of $33.72 and a 1 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’s fifty day moving average price is $36.11 and its 200 day moving average price is $37.35. The company has a market capitalization of $12.02 billion, a PE ratio of 41.95, a price-to-earnings-growth ratio of 2.20 and a beta of 0.86.

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

Juniper Networks Announces Dividend

The business also recently declared 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 dividend on an annualized basis and a yield of 2.44%. Juniper Networks’s dividend payout ratio is currently 102.33%.

Analyst Upgrades and Downgrades

Several research analysts have recently issued reports on the company. StockNews.com cut Juniper Networks from a “strong-buy” rating to a “buy” rating in a research note on Friday, March 28th. Argus cut shares of Juniper Networks from a “buy” rating to a “hold” rating in a research note on Friday, February 7th. Barclays increased their price objective on shares of 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, Evercore ISI raised 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 report on Tuesday, February 4th. Five research 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, the stock has an average 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.