New York State Common Retirement Fund grew its stake in shares of Juniper Networks, Inc. (NYSE:JNPR) by 5.9% during the third quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 1,051,428 shares of the network equipment provider’s stock after buying an additional 58,425 shares during the quarter. New York State Common Retirement Fund owned about 0.28% of Juniper Networks worth $29,261,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds also recently added to or reduced their stakes in the company. Creative Planning raised its holdings in shares of Juniper Networks by 0.4% in the 2nd quarter. Creative Planning now owns 4,696 shares of the network equipment provider’s stock worth $131,000 after purchasing an additional 21 shares in the last quarter. Acrospire Investment Management LLC increased its position in shares of Juniper Networks by 4.3% in the second quarter. Acrospire Investment Management LLC now owns 4,890 shares of the network equipment provider’s stock worth $136,000 after acquiring an additional 201 shares in the last quarter. Stevens First Principles Investment Advisors increased its position in shares of Juniper Networks by 40.9% in the third quarter. Stevens First Principles Investment Advisors now owns 7,045 shares of the network equipment provider’s stock worth $196,000 after acquiring an additional 2,045 shares in the last quarter. Petrus Trust Company LTA purchased a new position in shares of Juniper Networks in the second quarter worth approximately $204,000. Finally, Synovus Financial Corp increased its position in shares of Juniper Networks by 1.9% in the second quarter. Synovus Financial Corp now owns 7,462 shares of the network equipment provider’s stock worth $208,000 after acquiring an additional 139 shares in the last quarter. Institutional investors own 90.94% of the company’s stock.

Several research analysts have recently weighed in on JNPR shares. BMO Capital Markets reissued a “buy” rating and issued a $34.00 target price on shares of Juniper Networks in a research report on Wednesday, August 23rd. ValuEngine raised shares of Juniper Networks from a “hold” rating to a “buy” rating in a research report on Thursday, November 30th. Raymond James Financial set a $31.00 price objective on shares of Juniper Networks and gave the company a “buy” rating in a research report on Thursday. Barclays lowered their price objective on shares of Juniper Networks from $32.00 to $28.00 and set an “equal weight” rating on the stock in a research report on Wednesday, October 25th. Finally, Needham & Company LLC reaffirmed a “hold” rating on shares of Juniper Networks in a research report on Thursday, October 12th. Five analysts have rated the stock with a sell rating, sixteen have assigned a hold rating, nine have issued a buy rating and one has issued a strong buy rating to the company’s stock. The stock currently has an average rating of “Hold” and a consensus target price of $29.25.

In other news, Director Rahul N. Merchant acquired 2,000 shares of Juniper Networks stock in a transaction dated Wednesday, November 8th. The stock was acquired at an average cost of $24.48 per share, for a total transaction of $48,960.00. Following the completion of the purchase, the director now owns 22,543 shares of the company’s stock, valued at $551,852.64. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, CEO Rami Rahim sold 16,100 shares of the business’s stock in a transaction on Thursday, November 16th. The stock was sold at an average price of $26.24, for a total transaction of $422,464.00. Following the completion of the sale, the chief executive officer now owns 469,607 shares of the company’s stock, valued at $12,322,487.68. The disclosure for this sale can be found here. 2.60% of the stock is currently owned by insiders.

Shares of Juniper Networks, Inc. (NYSE:JNPR) traded down $0.04 during trading on Monday, hitting $28.38. 3,218,300 shares of the stock were exchanged, compared to its average volume of 5,259,084. The company has a debt-to-equity ratio of 0.41, a current ratio of 2.70 and a quick ratio of 2.70. Juniper Networks, Inc. has a twelve month low of $23.87 and a twelve month high of $30.96. The firm has a market capitalization of $10,790.00, a PE ratio of 15.59, a price-to-earnings-growth ratio of 2.64 and a beta of 1.10.

Juniper Networks (NYSE:JNPR) last issued its quarterly earnings data on Tuesday, October 24th. The network equipment provider reported $0.55 earnings per share for the quarter, missing the Zacks’ consensus estimate of $0.58 by ($0.03). Juniper Networks had a return on equity of 13.81% and a net margin of 12.77%. The firm had revenue of $1.26 billion during the quarter, compared to analyst estimates of $1.26 billion. During the same quarter in the previous year, the firm posted $0.58 earnings per share. Juniper Networks’s quarterly revenue was down 2.1% compared to the same quarter last year. equities research analysts anticipate that Juniper Networks, Inc. will post 1.7 EPS for the current year.

The company also recently disclosed a quarterly dividend, which will be paid on Friday, December 22nd. Stockholders of record on Friday, December 1st will be paid a $0.10 dividend. This represents a $0.40 dividend on an annualized basis and a dividend yield of 1.41%. The ex-dividend date is Thursday, November 30th. Juniper Networks’s payout ratio is 23.95%.

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About Juniper Networks

Juniper Networks, Inc designs, develops and sells products and services for high-performance networks to enable customers to build networks for their businesses. The Company sells its products in over 100 countries in three geographic regions: Americas; Europe, the Middle East and Africa, and Asia Pacific.

Institutional Ownership by Quarter for Juniper Networks (NYSE:JNPR)

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