Captrust Financial Advisors Buys Shares of 5,394 Juniper Networks, Inc. (NYSE:JNPR)

Captrust Financial Advisors bought a new stake in shares of Juniper Networks, Inc. (NYSE:JNPR) in the 3rd quarter, according to its most recent filing with the Securities & Exchange Commission. The fund bought 5,394 shares of the network equipment provider’s stock, valued at approximately $210,000.

Several other hedge funds have also bought and sold shares of the stock. Larson Financial Group LLC lifted its holdings 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 worth $28,000 after acquiring an additional 745 shares during the last quarter. Longfellow Investment Management Co. LLC bought a new stake in shares of Juniper Networks in the 2nd quarter worth approximately $36,000. Venturi Wealth Management LLC lifted its holdings 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 last quarter. Quarry LP lifted its holdings in shares of Juniper Networks by 71.4% in the 2nd quarter. Quarry LP now owns 1,546 shares of the network equipment provider’s stock worth $56,000 after acquiring an additional 644 shares during the last quarter. Finally, Family Firm Inc. bought a new stake in Juniper Networks during the 2nd quarter valued at $58,000. 91.95% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

A number of research firms recently commented on JNPR. Citigroup reiterated a “neutral” rating and set a $40.00 price target on shares of Juniper Networks in a report on Monday, September 23rd. StockNews.com began coverage on shares of Juniper Networks in a report on Monday, September 16th. They set a “hold” rating for the company. Barclays lowered their price target on shares of Juniper Networks from $40.00 to $37.00 and set an “equal weight” rating for the company in a report on Friday, November 1st. Finally, Rosenblatt Securities reiterated a “neutral” rating and set a $40.00 price target on shares of Juniper Networks in a report on Friday, November 1st. Eight equities research analysts have rated the stock with a hold rating and one has given a buy rating to the company’s stock. According to data from MarketBeat.com, the stock has an average rating of “Hold” and an average price target of $39.50.

Juniper Networks Stock Up 1.0 %

Shares of Juniper Networks stock opened at $37.60 on Tuesday. 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 company’s fifty day simple moving average is $37.79 and its two-hundred day simple moving average is $37.66. The company has a market cap of $12.45 billion, a P/E ratio of 49.47, a PEG ratio of 11.80 and a beta of 0.89. Juniper Networks, Inc. has a 12-month low of $28.94 and a 12-month high of $39.79.

Juniper Networks Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Monday, December 23rd. Stockholders of record on Monday, December 2nd will be given a $0.22 dividend. This represents a $0.88 dividend on an annualized basis and a dividend yield of 2.34%. The ex-dividend date of this dividend is Monday, December 2nd. Juniper Networks’s dividend payout ratio is presently 115.79%.

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.