Juniper Networks, Inc. (NYSE:JNPR) Holdings Raised by Sather Financial Group Inc

Sather Financial Group Inc grew its position in Juniper Networks, Inc. (NYSE:JNPR) by 17.6% in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 259,786 shares of the network equipment provider’s stock after acquiring an additional 38,936 shares during the quarter. Juniper Networks makes up approximately 0.7% of Sather Financial Group Inc’s holdings, making the stock its 25th largest position. Sather Financial Group Inc’s holdings in Juniper Networks were worth $10,126,000 at the end of the most recent quarter.

A number of other institutional investors have also made changes to their positions in the company. Larson Financial Group LLC boosted its position in Juniper Networks by 2,069.4% during 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 period. OFI Invest Asset Management acquired a new position in Juniper Networks during the 2nd quarter valued at approximately $31,000. Longfellow Investment Management Co. LLC acquired a new position in Juniper Networks during the 2nd quarter valued at approximately $36,000. Venturi Wealth Management LLC boosted its position in Juniper Networks by 60.3% during the 3rd quarter. Venturi Wealth Management LLC now owns 1,188 shares of the network equipment provider’s stock valued at $46,000 after purchasing an additional 447 shares during the period. Finally, Quarry LP boosted its position 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 period. 91.95% of the stock is currently owned by institutional investors.

Juniper Networks Stock Down 4.9 %

JNPR opened at $36.51 on Friday. Juniper Networks, Inc. has a one year low of $25.83 and a one year 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 stock’s fifty day moving average is $38.83 and its 200-day moving average is $37.40. The company has a market capitalization of $12.09 billion, a PE ratio of 48.04, a P/E/G ratio of 11.52 and a beta of 0.93.

Juniper Networks Announces Dividend

The company 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 $0.22 dividend. This represents a $0.88 dividend on an annualized basis and a dividend yield of 2.41%. The ex-dividend date of this dividend is Monday, December 2nd. Juniper Networks’s dividend payout ratio is presently 115.79%.

Wall Street Analysts Forecast Growth

A number of research analysts recently issued reports on JNPR shares. Barclays reduced their price objective on 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. Rosenblatt Securities reiterated a “neutral” rating and set a $40.00 price target on shares of Juniper Networks in a research report on Friday, November 1st. Citigroup reiterated a “neutral” rating and set a $40.00 price target on shares of Juniper Networks in a research report on Monday, September 23rd. StockNews.com started coverage on Juniper Networks in a research report on Monday, September 16th. They set a “hold” rating for the company. Finally, Needham & Company LLC reiterated a “hold” rating on shares of Juniper Networks in a research report on Friday, July 26th. Eight research analysts have rated the stock with a hold rating and one has assigned a buy rating to the company. According to MarketBeat, Juniper Networks currently has an average rating of “Hold” and a consensus target price of $39.50.

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.