XTX Topco Ltd Makes New $1.51 Million Investment in Juniper Networks, Inc. (NYSE:JNPR)

XTX Topco Ltd purchased a new stake in Juniper Networks, Inc. (NYSE:JNPR) in the 2nd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund purchased 41,532 shares of the network equipment provider’s stock, valued at approximately $1,514,000.

Several other institutional investors have also recently made changes to their positions in JNPR. Norges Bank bought a new stake in Juniper Networks in the 4th quarter valued at about $136,778,000. Magnetar Financial LLC acquired a new stake in Juniper Networks in the first quarter valued at approximately $86,494,000. Canada Pension Plan Investment Board increased its holdings in shares of Juniper Networks by 859.1% during the first quarter. Canada Pension Plan Investment Board now owns 836,900 shares of the network equipment provider’s stock valued at $31,016,000 after acquiring an additional 749,641 shares in the last quarter. Gabelli Funds LLC acquired a new position in shares of Juniper Networks during the first quarter worth approximately $23,379,000. Finally, First Trust Advisors LP lifted its holdings in shares of Juniper Networks by 3.9% in the 4th quarter. First Trust Advisors LP now owns 13,230,251 shares of the network equipment provider’s stock worth $390,028,000 after purchasing an additional 495,037 shares in the last quarter. Institutional investors and hedge funds own 91.95% of the company’s stock.

Wall Street Analyst Weigh In

A number of analysts have commented on JNPR shares. Argus upgraded shares of Juniper Networks from a “hold” rating to a “buy” rating and set a $40.00 price target for the company in a research note on Tuesday, June 18th. Needham & Company LLC reiterated a “hold” rating on shares of Juniper Networks in a report on Friday, July 26th. Barclays lowered their target price on shares of Juniper Networks from $41.00 to $40.00 and set an “equal weight” rating on the stock in a report on Friday, July 26th. Finally, StockNews.com initiated coverage on Juniper Networks in a research note on Monday. They set a “hold” rating for the company. Nine investment analysts have rated the stock with a hold rating and one has issued a buy rating to the company. Based on data from MarketBeat, the stock has a consensus rating of “Hold” and an average price target of $36.25.

Insider Buying and Selling

In other Juniper Networks news, CFO Kenneth Bradley Miller sold 28,669 shares of Juniper Networks stock in a transaction dated Wednesday, July 3rd. The stock was sold at an average price of $36.53, for a total transaction of $1,047,278.57. Following the completion of the transaction, the chief financial officer now owns 56,107 shares of the company’s stock, valued at approximately $2,049,588.71. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. In the last quarter, insiders have sold 108,669 shares of company stock valued at $3,947,279. Corporate insiders own 1.28% of the company’s stock.

Juniper Networks Stock Down 0.1 %

JNPR opened at $38.96 on Friday. The company has a quick ratio of 1.23, a current ratio of 1.69 and a debt-to-equity ratio of 0.36. The stock has a market cap of $12.66 billion, a price-to-earnings ratio of 56.46, a PEG ratio of 11.18 and a beta of 0.93. The company’s 50-day moving average price is $38.26 and its two-hundred day moving average price is $36.74. Juniper Networks, Inc. has a twelve month low of $24.87 and a twelve month high of $39.13.

Juniper Networks (NYSE:JNPR) last posted its earnings results on Thursday, July 25th. The network equipment provider reported $0.31 earnings per share for the quarter, missing the consensus estimate of $0.44 by ($0.13). The business had revenue of $1.19 billion during the quarter, compared to analysts’ expectations of $1.25 billion. Juniper Networks had a return on equity of 8.02% and a net margin of 4.58%. Juniper Networks’s revenue for the quarter was down 16.8% on a year-over-year basis. During the same quarter in the previous year, the business earned $0.42 EPS. As a group, equities analysts expect that Juniper Networks, Inc. will post 0.97 earnings per share for the current year.

Juniper Networks Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Monday, September 23rd. Stockholders of record on Monday, September 2nd will be given a $0.22 dividend. This represents a $0.88 annualized dividend and a dividend yield of 2.26%. The ex-dividend date of this dividend is Friday, August 30th. Juniper Networks’s dividend payout ratio (DPR) is presently 127.54%.

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.