SG Americas Securities LLC Raises Stock Position in Juniper Networks, Inc. (NYSE:JNPR)

SG Americas Securities LLC grew its holdings in shares of Juniper Networks, Inc. (NYSE:JNPR) by 123.8% during the 4th quarter, Holdings Channel reports. The institutional investor owned 226,448 shares of the network equipment provider’s stock after acquiring an additional 125,278 shares during the quarter. SG Americas Securities LLC’s holdings in Juniper Networks were worth $8,480,000 at the end of the most recent reporting period.

Other institutional investors have also recently made changes to their positions in the company. Venturi Wealth Management LLC raised 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 acquiring an additional 447 shares during the period. 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 valued at $56,000 after purchasing an additional 644 shares during the last quarter. Sentry Investment Management LLC purchased a new stake in Juniper Networks in the 3rd quarter worth about $61,000. Longfellow Investment Management Co. LLC lifted its stake in Juniper Networks by 84.7% in the third quarter. Longfellow Investment Management Co. LLC now owns 1,830 shares of the network equipment provider’s stock worth $71,000 after purchasing an additional 839 shares during the last quarter. Finally, Brooklyn Investment Group bought a new position in shares of Juniper Networks during the third quarter valued at approximately $76,000. Institutional investors own 91.95% of the company’s stock.

Juniper Networks Stock Performance

Shares of JNPR opened at $38.93 on Friday. The company has a current ratio of 1.72, a quick ratio of 1.30 and a debt-to-equity ratio of 0.35. The firm has a market cap of $12.89 billion, a PE ratio of 51.22, a P/E/G ratio of 8.52 and a beta of 0.88. Juniper Networks, Inc. has a 12 month low of $34.30 and a 12 month high of $39.79. The stock has a fifty day moving average price of $37.26 and a 200-day moving average price of $38.07.

Juniper Networks Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Monday, December 23rd. Shareholders of record on Monday, December 2nd were issued a $0.22 dividend. This represents a $0.88 annualized dividend and a yield of 2.26%. The ex-dividend date of this dividend was Monday, December 2nd. Juniper Networks’s dividend payout ratio is presently 115.79%.

Wall Street Analysts Forecast Growth

A number of equities analysts recently commented 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 note on Friday, November 1st. Rosenblatt Securities restated a “neutral” rating and set a $40.00 price objective 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 stock. According to data from MarketBeat.com, the company presently has an average rating of “Hold” and a consensus price target of $39.25.

About Juniper Networks

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.