Mutual of America Capital Management LLC Lowers Stock Position in Juniper Networks, Inc. (NYSE:JNPR)

Mutual of America Capital Management LLC decreased its holdings in Juniper Networks, Inc. (NYSE:JNPR) by 1.1% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 40,526 shares of the network equipment provider’s stock after selling 456 shares during the quarter. Mutual of America Capital Management LLC’s holdings in Juniper Networks were worth $1,580,000 at the end of the most recent quarter.

Other large investors have also recently bought and sold shares of the company. Larson Financial Group LLC grew its stake in shares of Juniper Networks by 2,069.4% in the 2nd quarter. Larson Financial Group LLC now owns 781 shares of the network equipment provider’s stock valued at $28,000 after purchasing an additional 745 shares during the last quarter. OFI Invest Asset Management acquired a new position in Juniper Networks in the 2nd quarter valued at $31,000. Longfellow Investment Management Co. LLC purchased a new position in Juniper Networks during the 2nd quarter worth $36,000. Venturi Wealth Management LLC lifted its stake in shares of Juniper Networks by 60.3% in the 3rd 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 during the period. Finally, Quarry LP boosted its holdings 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 acquiring an additional 644 shares in the last quarter. Institutional investors and hedge funds own 91.95% of the company’s stock.

Juniper Networks Stock Performance

Shares of JNPR stock opened at $36.17 on Tuesday. The stock has a fifty day moving average price of $38.48 and a 200 day moving average price of $37.46. 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 stock has a market cap of $11.98 billion, a PE ratio of 47.59, a P/E/G ratio of 11.33 and a beta of 0.93. Juniper Networks, Inc. has a 1 year low of $27.10 and a 1 year high of $39.79.

Juniper Networks Dividend Announcement

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 paid a dividend of $0.22 per share. The ex-dividend date of this dividend is Monday, December 2nd. This represents a $0.88 dividend on an annualized basis and a dividend yield of 2.43%. Juniper Networks’s dividend payout ratio (DPR) is 115.79%.

Analyst Ratings Changes

Several research analysts recently issued reports on the stock. Barclays reduced their price objective on shares of 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. Citigroup reissued a “neutral” rating and issued a $40.00 price target on shares of Juniper Networks in a report on Monday, September 23rd. Rosenblatt Securities reaffirmed a “neutral” rating and set a $40.00 price objective on shares of Juniper Networks in a report on Friday, November 1st. Finally, StockNews.com initiated coverage on Juniper Networks in a research report on Monday, September 16th. They issued a “hold” rating for the company. Eight analysts have rated the stock with a hold rating and one has issued a buy rating to the stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and an average price target of $39.50.

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.