Juniper Networks, Inc. (NYSE:JNPR) Stock Holdings Raised by Venturi Wealth Management LLC

Venturi Wealth Management LLC lifted its stake in shares of Juniper Networks, Inc. (NYSE:JNPR) by 60.3% during the 3rd quarter, according to its most recent Form 13F filing with the SEC. The fund owned 1,188 shares of the network equipment provider’s stock after purchasing an additional 447 shares during the period. Venturi Wealth Management LLC’s holdings in Juniper Networks were worth $46,000 as of its most recent filing with the SEC.

A number of other hedge funds have also bought and sold shares of the company. Pacer Advisors Inc. increased its stake in Juniper Networks by 14,314.7% during the second quarter. Pacer Advisors Inc. now owns 4,832,105 shares of the network equipment provider’s stock valued at $176,179,000 after purchasing an additional 4,798,583 shares during the last quarter. Bank of New York Mellon Corp raised its stake in Juniper Networks by 3.8% during the second quarter. Bank of New York Mellon Corp now owns 3,157,579 shares of the network equipment provider’s stock worth $115,125,000 after acquiring an additional 114,795 shares during the period. Alpine Associates Management Inc. lifted its holdings in Juniper Networks by 9.1% in the second quarter. Alpine Associates Management Inc. now owns 2,374,164 shares of the network equipment provider’s stock worth $86,562,000 after acquiring an additional 197,400 shares during the last quarter. Magnetar Financial LLC acquired a new position in Juniper Networks in the first quarter valued at approximately $86,494,000. Finally, Hsbc Holdings PLC grew its holdings in shares of Juniper Networks by 14.4% during the second quarter. Hsbc Holdings PLC now owns 1,911,855 shares of the network equipment provider’s stock valued at $69,716,000 after purchasing an additional 240,385 shares during the last quarter. 91.95% of the stock is currently owned by institutional investors and hedge funds.

Juniper Networks Trading Down 5.0 %

Shares of Juniper Networks stock opened at $36.50 on Friday. The business has a fifty day simple moving average of $38.83 and a 200-day simple moving average of $37.38. The firm has a market cap of $12.08 billion, a price-to-earnings ratio of 48.03, a price-to-earnings-growth ratio of 12.07 and a beta of 0.93. Juniper Networks, Inc. has a fifty-two week low of $25.83 and a fifty-two week high of $39.79. The company has a quick ratio of 1.30, a current ratio of 1.72 and a debt-to-equity ratio of 0.35.

Juniper Networks Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, December 23rd. Stockholders of record on Monday, December 2nd will be given a dividend of $0.22 per share. The ex-dividend date of this dividend is Monday, December 2nd. This represents a $0.88 annualized dividend and a dividend yield of 2.41%. Juniper Networks’s dividend payout ratio (DPR) is 115.79%.

Analyst Upgrades and Downgrades

A number of research analysts recently issued reports on the company. Barclays reduced their price objective on Juniper Networks from $40.00 to $37.00 and set an “equal weight” rating for the company in a research report on Friday, November 1st. StockNews.com started coverage on shares of Juniper Networks in a research report on Monday, September 16th. They issued a “hold” rating for the company. Rosenblatt Securities reiterated a “neutral” rating and set a $40.00 price objective on shares of Juniper Networks in a research report on Friday, November 1st. Needham & Company LLC reissued a “hold” rating on shares of Juniper Networks in a report on Friday, July 26th. Finally, Citigroup reaffirmed a “neutral” rating and set a $40.00 target price on shares of Juniper Networks in a research note on Monday, September 23rd. Eight investment analysts have rated the stock with a hold rating and one has assigned a buy rating to the stock. According to data from MarketBeat, Juniper Networks presently 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.