Quantbot Technologies LP Buys 21,538 Shares of Juniper Networks, Inc. (NYSE:JNPR)

Quantbot Technologies LP lifted its stake in Juniper Networks, Inc. (NYSE:JNPR) by 150.8% in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 35,821 shares of the network equipment provider’s stock after buying an additional 21,538 shares during the period. Quantbot Technologies LP’s holdings in Juniper Networks were worth $1,396,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors have also made changes to their positions in JNPR. Oak Thistle LLC lifted its stake in Juniper Networks by 4.6% during the second quarter. Oak Thistle LLC now owns 8,015 shares of the network equipment provider’s stock worth $292,000 after purchasing an additional 353 shares during the last quarter. Oregon Public Employees Retirement Fund lifted its stake in Juniper Networks by 1.5% during the second quarter. Oregon Public Employees Retirement Fund now owns 27,941 shares of the network equipment provider’s stock worth $1,019,000 after purchasing an additional 400 shares during the last quarter. Harbor Capital Advisors Inc. lifted its stake in Juniper Networks by 8.9% during the second quarter. Harbor Capital Advisors Inc. now owns 4,903 shares of the network equipment provider’s stock worth $179,000 after purchasing an additional 402 shares during the last quarter. Northwestern Mutual Wealth Management Co. lifted its stake in Juniper Networks by 7.9% during the second quarter. Northwestern Mutual Wealth Management Co. now owns 5,791 shares of the network equipment provider’s stock worth $211,000 after purchasing an additional 422 shares during the last quarter. Finally, Keene & Associates Inc. lifted its stake in Juniper Networks by 3.8% during the second quarter. Keene & Associates Inc. now owns 11,485 shares of the network equipment provider’s stock worth $419,000 after purchasing an additional 425 shares during the last quarter. 91.95% of the stock is currently owned by institutional investors.

Juniper Networks Stock Down 0.4 %

Shares of JNPR opened at $35.92 on Friday. Juniper Networks, Inc. has a 52 week low of $27.87 and a 52 week high of $39.79. The stock has a market capitalization of $11.89 billion, a price-to-earnings ratio of 47.26, a PEG ratio of 11.38 and a beta of 0.93. 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 fifty day moving average of $38.31 and a 200-day moving average of $37.45.

Juniper Networks Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Monday, December 23rd. Investors of record on Monday, December 2nd will be issued a $0.22 dividend. The ex-dividend date of this dividend is Monday, December 2nd. This represents a $0.88 dividend on an annualized basis and a yield of 2.45%. Juniper Networks’s payout ratio is 115.79%.

Wall Street Analyst Weigh In

Several research firms have weighed in on JNPR. Rosenblatt Securities restated a “neutral” rating and set a $40.00 target price on shares of Juniper Networks in a research note on Friday, November 1st. StockNews.com began coverage on Juniper Networks in a research note on Monday, September 16th. They set a “hold” rating for the company. Citigroup reiterated a “neutral” rating and issued a $40.00 price target on shares of Juniper Networks in a research note on Monday, September 23rd. Finally, Barclays dropped their price target on Juniper Networks from $40.00 to $37.00 and set an “equal weight” rating for the company in a research note on Friday, November 1st. Eight research analysts have rated the stock with a hold rating and one has given a buy rating to the stock. Based on data from MarketBeat.com, Juniper Networks has a consensus rating of “Hold” and an average target price of $39.50.

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.