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

Quantbot Technologies LP grew its position in Juniper Networks, Inc. (NYSE:JNPR) by 150.8% during the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 35,821 shares of the network equipment provider’s stock after purchasing an additional 21,538 shares during the period. Quantbot Technologies LP’s holdings in Juniper Networks were worth $1,396,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also bought and sold shares of the stock. Oak Thistle LLC raised its holdings 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 acquiring an additional 353 shares in the last quarter. Oregon Public Employees Retirement Fund raised its holdings 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 acquiring an additional 400 shares in the last quarter. Harbor Capital Advisors Inc. raised its holdings 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 acquiring an additional 402 shares in the last quarter. Northwestern Mutual Wealth Management Co. raised its holdings 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 acquiring an additional 422 shares in the last quarter. Finally, Keene & Associates Inc. raised its holdings 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 acquiring an additional 425 shares in the last quarter. Institutional investors own 91.95% of the company’s stock.

Juniper Networks Price Performance

Juniper Networks stock opened at $35.92 on Friday. Juniper Networks, Inc. has a 12 month low of $27.87 and a 12 month high of $39.79. The stock’s 50 day moving average is $38.31 and its 200-day moving average is $37.45. The company has a current ratio of 1.72, a quick ratio of 1.30 and a debt-to-equity ratio of 0.35. The company 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.

Juniper Networks Dividend Announcement

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

Analyst Ratings Changes

JNPR has been the topic of several analyst reports. StockNews.com started coverage on Juniper Networks in a report on Monday, September 16th. They set a “hold” rating on the stock. Rosenblatt Securities reissued a “neutral” rating and set a $40.00 price target on shares of Juniper Networks in a research report on Friday, November 1st. Citigroup reissued a “neutral” rating and set a $40.00 price target on shares of Juniper Networks in a research report on Monday, September 23rd. Finally, Barclays lowered their price target 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. Eight analysts have rated the stock with a hold rating and one has issued a buy rating to the company’s stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and a consensus price target 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.