Juniper Networks, Inc. (NYSE:JNPR) Shares Acquired by Gould Capital LLC

Gould Capital LLC lifted its holdings in Juniper Networks, Inc. (NYSE:JNPR) by 1.9% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 29,298 shares of the network equipment provider’s stock after acquiring an additional 534 shares during the quarter. Gould Capital LLC’s holdings in Juniper Networks were worth $1,142,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently made changes to their positions in JNPR. Larson Financial Group LLC raised its position in Juniper Networks by 2,069.4% during the second quarter. Larson Financial Group LLC now owns 781 shares of the network equipment provider’s stock valued at $28,000 after acquiring an additional 745 shares in the last quarter. OFI Invest Asset Management acquired a new position in shares of Juniper Networks in the 2nd quarter valued at $31,000. Longfellow Investment Management Co. LLC purchased a new stake in Juniper Networks during the second quarter worth $36,000. Venturi Wealth Management LLC grew its position in Juniper Networks by 60.3% during the third quarter. Venturi Wealth Management LLC now owns 1,188 shares of the network equipment provider’s stock valued at $46,000 after buying an additional 447 shares during the period. Finally, Quarry LP increased its holdings in Juniper Networks by 71.4% in the second quarter. Quarry LP now owns 1,546 shares of the network equipment provider’s stock valued at $56,000 after buying an additional 644 shares in the last quarter. Institutional investors and hedge funds own 91.95% of the company’s stock.

Juniper Networks Stock Up 1.7 %

Shares of JNPR opened at $37.14 on Tuesday. The stock has a 50 day moving average price of $37.94 and a 200 day moving average price of $37.57. Juniper Networks, Inc. has a one year low of $28.81 and a one year high of $39.79. The company has a debt-to-equity ratio of 0.35, a quick ratio of 1.30 and a current ratio of 1.72. The stock has a market capitalization of $12.30 billion, a price-to-earnings ratio of 48.87, a PEG ratio of 11.53 and a beta of 0.89.

Juniper Networks Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Monday, December 23rd. Stockholders of record on Monday, December 2nd will be issued a dividend of $0.22 per share. This represents a $0.88 dividend on an annualized basis and a dividend yield of 2.37%. The ex-dividend date of this dividend is Monday, December 2nd. Juniper Networks’s payout ratio is 115.79%.

Analyst Ratings Changes

A number of equities research analysts have recently commented on the company. Barclays dropped their target price on Juniper Networks from $40.00 to $37.00 and set an “equal weight” rating on the stock in a research report on Friday, November 1st. StockNews.com started coverage on Juniper Networks in a research report on Monday, September 16th. They issued a “hold” rating for the company. Citigroup reiterated a “neutral” rating and set a $40.00 target price on shares of Juniper Networks in a research report on Monday, September 23rd. Finally, Rosenblatt Securities reissued a “neutral” rating and issued a $40.00 price target on shares of Juniper Networks in a report on Friday, November 1st. Eight analysts have rated the stock with a hold rating and one has assigned a buy rating to the company. According to data from MarketBeat.com, the company has a consensus rating of “Hold” and an average price target of $39.50.

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.