Oak Thistle LLC Increases Stock Position in Juniper Networks, Inc. (NYSE:JNPR)

Oak Thistle LLC grew its position in shares of Juniper Networks, Inc. (NYSE:JNPR) by 28.1% in the fourth quarter, HoldingsChannel reports. The firm owned 32,380 shares of the network equipment provider’s stock after buying an additional 7,097 shares during the quarter. Oak Thistle LLC’s holdings in Juniper Networks were worth $1,213,000 at the end of the most recent reporting period.

Other large investors have also recently made changes to their positions in the company. Pacer Advisors Inc. boosted its stake in Juniper Networks by 14,314.7% during the second quarter. Pacer Advisors Inc. now owns 4,832,105 shares of the network equipment provider’s stock valued at $176,179,000 after buying an additional 4,798,583 shares during the last quarter. Oddo BHF Asset Management Sas purchased a new position in shares of Juniper Networks in the third quarter valued at $25,337,000. Twin Securities Inc. increased its position in Juniper Networks by 760.3% in the third quarter. Twin Securities Inc. now owns 678,257 shares of the network equipment provider’s stock worth $26,438,000 after purchasing an additional 599,420 shares during the last quarter. State Street Corp lifted its position in Juniper Networks by 3.8% during the third quarter. State Street Corp now owns 15,758,844 shares of the network equipment provider’s stock valued at $614,280,000 after purchasing an additional 574,418 shares during the last quarter. Finally, Healthcare of Ontario Pension Plan Trust Fund grew its stake in shares of Juniper Networks by 172,681.3% in the 3rd quarter. Healthcare of Ontario Pension Plan Trust Fund now owns 552,900 shares of the network equipment provider’s stock worth $21,552,000 after buying an additional 552,580 shares in the last quarter. 91.95% of the stock is owned by institutional investors.

Juniper Networks Stock Up 0.0 %

Shares of NYSE:JNPR opened at $38.50 on Wednesday. The firm has a market capitalization of $12.75 billion, a PE ratio of 50.66, a price-to-earnings-growth ratio of 11.75 and a beta of 0.88. The business has a 50 day simple moving average of $37.28 and a two-hundred day simple moving average of $37.97. Juniper Networks, Inc. has a 1 year low of $34.30 and a 1 year high of $39.79. The company has a debt-to-equity ratio of 0.35, a current ratio of 1.72 and a quick ratio of 1.30.

Juniper Networks Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Monday, December 23rd. Investors of record on Monday, December 2nd were issued a dividend of $0.22 per share. This represents a $0.88 dividend on an annualized basis and a yield of 2.29%. The ex-dividend date was Monday, December 2nd. Juniper Networks’s payout ratio is currently 115.79%.

Analyst Ratings Changes

A number of research analysts recently commented on JNPR shares. Rosenblatt Securities reaffirmed a “neutral” rating and issued a $40.00 price target on shares of Juniper Networks in a report on Friday, November 1st. Citigroup reiterated a “neutral” rating and issued a $40.00 target price on shares of Juniper Networks in a report on Monday, September 23rd. Finally, Barclays decreased their price target on Juniper Networks from $40.00 to $37.00 and set an “equal weight” rating on the stock in a report on Friday, November 1st. Five research analysts have rated the stock with a hold rating and one has given a buy rating to the company’s stock. Based on data from MarketBeat, the company currently has a consensus rating of “Hold” and an average target price 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.