Bill Few Associates Inc. Has $240,000 Position in Juniper Networks, Inc. (NYSE:JNPR)

Bill Few Associates Inc. lessened its holdings in Juniper Networks, Inc. (NYSE:JNPR) by 84.9% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 6,396 shares of the network equipment provider’s stock after selling 36,004 shares during the period. Bill Few Associates Inc.’s holdings in Juniper Networks were worth $240,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds have also added to or reduced their stakes in the company. State Street Corp increased its stake in shares of Juniper Networks by 3.8% during the third quarter. State Street Corp now owns 15,758,844 shares of the network equipment provider’s stock worth $614,280,000 after purchasing an additional 574,418 shares during the period. Geode Capital Management LLC grew its holdings in Juniper Networks by 4.6% in the 3rd quarter. Geode Capital Management LLC now owns 9,540,330 shares of the network equipment provider’s stock valued at $371,269,000 after buying an additional 417,050 shares in the last quarter. Charles Schwab Investment Management Inc. increased its position in Juniper Networks by 1.1% during the 3rd quarter. Charles Schwab Investment Management Inc. now owns 2,957,317 shares of the network equipment provider’s stock worth $115,276,000 after buying an additional 33,016 shares during the period. Alpine Associates Management Inc. lifted its holdings in shares of Juniper Networks by 12.7% during the third quarter. Alpine Associates Management Inc. now owns 2,676,064 shares of the network equipment provider’s stock worth $104,313,000 after buying an additional 301,900 shares in the last quarter. Finally, ING Groep NV boosted its position in shares of Juniper Networks by 30.6% in the third quarter. ING Groep NV now owns 1,181,322 shares of the network equipment provider’s stock valued at $46,048,000 after acquiring an additional 276,891 shares during the period. Institutional investors and hedge funds own 91.95% of the company’s stock.

Juniper Networks Stock Performance

Shares of NYSE:JNPR opened at $38.83 on Thursday. Juniper Networks, Inc. has a 1 year low of $34.30 and a 1 year high of $39.79. The stock has a market capitalization of $12.86 billion, a price-to-earnings ratio of 51.09, a price-to-earnings-growth ratio of 8.52 and a beta of 0.88. The company has a debt-to-equity ratio of 0.35, a current ratio of 1.72 and a quick ratio of 1.30. The company’s 50 day simple moving average is $37.25 and its 200 day simple moving average is $38.06.

Juniper Networks Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Monday, December 23rd. Stockholders of record on Monday, December 2nd were issued a dividend of $0.22 per share. The ex-dividend date was Monday, December 2nd. This represents a $0.88 dividend on an annualized basis and a dividend yield of 2.27%. Juniper Networks’s dividend payout ratio (DPR) is currently 115.79%.

Wall Street Analyst Weigh In

A number of research firms recently commented on JNPR. Barclays lowered their price target on shares of 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. Rosenblatt Securities reaffirmed a “neutral” rating and issued a $40.00 price objective on shares of Juniper Networks in a report on Friday, November 1st. Five investment analysts have rated the stock with a hold rating and one has issued a buy rating to the stock. According to MarketBeat.com, the stock presently has a consensus rating of “Hold” and a consensus price target of $39.25.

Juniper Networks 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.