Oak Thistle LLC Buys 7,097 Shares of Juniper Networks, Inc. (NYSE:JNPR)

Oak Thistle LLC increased its stake in Juniper Networks, Inc. (NYSE:JNPR) by 28.1% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 32,380 shares of the network equipment provider’s stock after purchasing 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 quarter.

Other large investors have also added to or reduced their stakes in the company. Sather Financial Group Inc boosted its stake in shares of Juniper Networks by 17.6% in the 3rd quarter. Sather Financial Group Inc now owns 259,786 shares of the network equipment provider’s stock worth $10,126,000 after buying an additional 38,936 shares during the last quarter. Principal Financial Group Inc. grew its stake in shares of Juniper Networks by 5.1% during the 3rd quarter. Principal Financial Group Inc. now owns 446,529 shares of the network equipment provider’s stock valued at $17,406,000 after purchasing an additional 21,651 shares during the period. Charles Schwab Investment Management Inc. increased its position in shares of Juniper Networks by 1.1% during the 3rd quarter. Charles Schwab Investment Management Inc. now owns 2,957,317 shares of the network equipment provider’s stock valued at $115,276,000 after purchasing an additional 33,016 shares during the last quarter. Mizuho Securities USA LLC lifted its stake in shares of Juniper Networks by 1,885.0% in the 3rd quarter. Mizuho Securities USA LLC now owns 497,430 shares of the network equipment provider’s stock worth $19,390,000 after purchasing an additional 472,370 shares during the period. Finally, State Street Corp boosted its holdings in shares of Juniper Networks by 3.8% in the third quarter. State Street Corp now owns 15,758,844 shares of the network equipment provider’s stock worth $614,280,000 after buying an additional 574,418 shares during the last quarter. Institutional investors own 91.95% of the company’s stock.

Juniper Networks Trading Up 0.0 %

Shares of JNPR stock opened at $38.50 on Wednesday. The stock has a fifty day simple moving average of $37.28 and a two-hundred day simple moving average of $37.97. Juniper Networks, Inc. has a 52-week low of $34.30 and a 52-week high of $39.79. The firm has a market capitalization of $12.75 billion, a PE ratio of 50.66, a PEG ratio of 11.75 and a beta of 0.88. The company has a debt-to-equity ratio of 0.35, a quick ratio of 1.30 and a current ratio of 1.72.

Juniper Networks Announces Dividend

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

Analyst Upgrades and Downgrades

Several research firms have weighed in on JNPR. Barclays decreased their price target on shares of Juniper Networks from $40.00 to $37.00 and set an “equal weight” rating on the stock in a research report on Friday, November 1st. Rosenblatt Securities reiterated a “neutral” rating and set a $40.00 target price on shares of Juniper Networks in a research report on Friday, November 1st. Finally, Citigroup reissued a “neutral” rating and set a $40.00 price target on shares of Juniper Networks in a report on Monday, September 23rd. Five investment analysts have rated the stock with a hold rating and one has assigned a buy rating to the company. Based on data from MarketBeat.com, the stock has an average rating of “Hold” and a consensus target price of $39.25.

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.