Bill Few Associates Inc. Sells 36,004 Shares of Juniper Networks, Inc. (NYSE:JNPR)

Bill Few Associates Inc. reduced its position in shares of Juniper Networks, Inc. (NYSE:JNPR) by 84.9% in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The fund 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 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in JNPR. Venturi Wealth Management LLC increased its stake in shares of Juniper Networks by 60.3% in 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 in the last quarter. Quarry LP grew its holdings in Juniper Networks by 71.4% during the 2nd quarter. Quarry LP now owns 1,546 shares of the network equipment provider’s stock worth $56,000 after acquiring an additional 644 shares during the last quarter. Sentry Investment Management LLC bought a new stake in Juniper Networks during the 3rd quarter worth about $61,000. Longfellow Investment Management Co. LLC increased its position in Juniper Networks by 84.7% in the 3rd quarter. Longfellow Investment Management Co. LLC now owns 1,830 shares of the network equipment provider’s stock valued at $71,000 after acquiring an additional 839 shares in the last quarter. Finally, Brooklyn Investment Group bought a new position in shares of Juniper Networks in the third quarter worth about $76,000. 91.95% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

Several equities analysts have recently issued reports on the company. Barclays decreased their price target on Juniper Networks from $40.00 to $37.00 and set an “equal weight” rating on the stock in a report on Friday, November 1st. Rosenblatt Securities reaffirmed a “neutral” rating and issued a $40.00 target price on shares of Juniper Networks in a research note on Friday, November 1st. Five research analysts have rated the stock with a hold rating and one has given a buy rating to the company. According to data from MarketBeat.com, the stock presently has an average rating of “Hold” and a consensus target price of $39.25.

Juniper Networks Price Performance

Shares of JNPR opened at $38.83 on Thursday. The company has a 50 day moving average of $37.25 and a 200-day moving average of $38.06. The company has a quick ratio of 1.30, a current ratio of 1.72 and a debt-to-equity ratio of 0.35. The stock has a market capitalization of $12.86 billion, a P/E ratio of 51.09, a P/E/G ratio of 8.52 and a beta of 0.88. Juniper Networks, Inc. has a twelve month low of $34.30 and a twelve month high of $39.79.

Juniper Networks Dividend Announcement

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

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.