Juniper Networks, Inc. (NYSE:JNPR) Shares Acquired by Cwm LLC

Cwm LLC boosted its holdings in Juniper Networks, Inc. (NYSE:JNPR) by 29.7% during the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 6,471 shares of the network equipment provider’s stock after acquiring an additional 1,482 shares during the quarter. Cwm LLC’s holdings in Juniper Networks were worth $252,000 at the end of the most recent quarter.

Other hedge funds have also recently added to or reduced their stakes in the company. Trium Capital LLP acquired a new position in Juniper Networks during the 3rd quarter valued at about $202,000. Czech National Bank boosted its holdings in shares of Juniper Networks by 8.3% in the third quarter. Czech National Bank now owns 67,054 shares of the network equipment provider’s stock valued at $2,614,000 after acquiring an additional 5,125 shares in the last quarter. Handelsbanken Fonder AB increased its stake in shares of Juniper Networks by 21.8% during the third quarter. Handelsbanken Fonder AB now owns 78,700 shares of the network equipment provider’s stock valued at $3,068,000 after acquiring an additional 14,100 shares during the period. Cetera Investment Advisers raised its holdings in Juniper Networks by 95.7% during the second quarter. Cetera Investment Advisers now owns 50,131 shares of the network equipment provider’s stock worth $1,828,000 after purchasing an additional 24,510 shares in the last quarter. Finally, Quarry LP lifted its position in Juniper Networks by 71.4% in the second quarter. Quarry LP now owns 1,546 shares of the network equipment provider’s stock worth $56,000 after purchasing an additional 644 shares during the period. Institutional investors own 91.95% of the company’s stock.

Analysts Set New Price Targets

A number of research analysts recently issued reports on JNPR shares. StockNews.com initiated coverage on Juniper Networks in a report on Monday, September 16th. They set a “hold” rating on the stock. Barclays reduced their price objective on shares of Juniper Networks from $41.00 to $40.00 and set an “equal weight” rating for the company in a research report on Friday, July 26th. Needham & Company LLC reiterated a “hold” rating on shares of Juniper Networks in a report on Friday, July 26th. Finally, Citigroup restated a “neutral” rating and set a $40.00 target price on shares of Juniper Networks in a report on Monday, September 23rd. Nine investment analysts have rated the stock with a hold rating and one has assigned a buy rating to the company’s stock. Based on data from MarketBeat, the stock has a consensus rating of “Hold” and a consensus target price of $37.63.

Juniper Networks Stock Down 0.2 %

JNPR stock opened at $39.19 on Wednesday. The company’s 50 day simple moving average is $38.83 and its 200-day simple moving average is $37.05. Juniper Networks, Inc. has a 52-week low of $24.87 and a 52-week high of $39.79. The company has a debt-to-equity ratio of 0.36, a current ratio of 1.69 and a quick ratio of 1.23. The firm has a market capitalization of $12.74 billion, a P/E ratio of 56.80, a P/E/G ratio of 11.26 and a beta of 0.93.

Juniper Networks (NYSE:JNPR) last released its earnings results on Thursday, July 25th. The network equipment provider reported $0.31 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.44 by ($0.13). Juniper Networks had a net margin of 4.58% and a return on equity of 8.02%. The business had revenue of $1.19 billion during the quarter, compared to analysts’ expectations of $1.25 billion. During the same quarter in the previous year, the company earned $0.42 EPS. Juniper Networks’s revenue for the quarter was down 16.8% on a year-over-year basis. As a group, equities research analysts anticipate that Juniper Networks, Inc. will post 0.97 EPS for the current year.

Juniper Networks Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Monday, September 23rd. Shareholders of record on Monday, September 2nd were given a $0.22 dividend. This represents a $0.88 annualized dividend and a yield of 2.25%. The ex-dividend date was Friday, August 30th. Juniper Networks’s payout ratio is currently 127.54%.

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.