Harbor Capital Advisors Inc. Has $184,000 Position in Juniper Networks, Inc. (NYSE:JNPR)

Harbor Capital Advisors Inc. increased its position in shares of Juniper Networks, Inc. (NYSE:JNPRFree Report) by 12.6% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 4,913 shares of the network equipment provider’s stock after purchasing an additional 549 shares during the period. Harbor Capital Advisors Inc.’s holdings in Juniper Networks were worth $184,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors also recently modified their holdings of JNPR. Venturi Wealth Management LLC raised its stake in Juniper Networks by 60.3% during the third quarter. Venturi Wealth Management LLC now owns 1,188 shares of the network equipment provider’s stock worth $46,000 after acquiring an additional 447 shares in the last quarter. Quarry LP increased its stake in shares of Juniper Networks by 71.4% in the second quarter. Quarry LP now owns 1,546 shares of the network equipment provider’s stock valued at $56,000 after buying an additional 644 shares during the period. Sentry Investment Management LLC acquired a new position in shares of Juniper Networks in the third quarter valued at approximately $61,000. Longfellow Investment Management Co. LLC raised its holdings 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 buying an additional 839 shares during the last quarter. Finally, Brooklyn Investment Group acquired a new stake in Juniper Networks during the 3rd quarter worth approximately $76,000. Institutional investors and hedge funds own 91.95% of the company’s stock.

Juniper Networks Stock Up 0.3 %

Juniper Networks stock opened at $38.64 on Thursday. The firm has a market cap of $12.79 billion, a price-to-earnings ratio of 50.84, a PEG ratio of 11.75 and a beta of 0.88. Juniper Networks, Inc. has a 52-week low of $34.30 and a 52-week high of $39.79. The company has a debt-to-equity ratio of 0.35, a quick ratio of 1.30 and a current ratio of 1.72. The firm has a 50 day moving average price of $37.26 and a two-hundred day moving average price of $37.99.

Juniper Networks Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Monday, December 23rd. Investors of record on Monday, December 2nd were paid a dividend of $0.22 per share. This represents a $0.88 dividend on an annualized basis and a yield of 2.28%. The ex-dividend date was Monday, December 2nd. Juniper Networks’s dividend payout ratio is presently 115.79%.

Analyst Ratings Changes

Several brokerages have issued reports on JNPR. Rosenblatt Securities restated a “neutral” rating and issued a $40.00 price target on shares of Juniper Networks in a research report on Friday, November 1st. Barclays reduced their price objective on shares of Juniper Networks from $40.00 to $37.00 and set an “equal weight” rating on the stock in a research note on Friday, November 1st. Finally, Citigroup reaffirmed a “neutral” rating and set a $40.00 target price on shares of Juniper Networks in a research report on Monday, September 23rd. Five research analysts have rated the stock with a hold rating and one has given a buy rating to the company’s stock. According to MarketBeat, the company currently has a consensus rating of “Hold” and an average target price of $39.25.

Get Our Latest Stock Analysis on Juniper Networks

Juniper Networks Profile

(Free Report)

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.

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Institutional Ownership by Quarter for Juniper Networks (NYSE:JNPR)

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