Union Bancaire Privee UBP SA Makes New Investment in Juniper Networks, Inc. (NYSE:JNPR)

Union Bancaire Privee UBP SA bought a new position in shares of Juniper Networks, Inc. (NYSE:JNPR) in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund bought 242,746 shares of the network equipment provider’s stock, valued at approximately $8,645,000.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Venturi Wealth Management LLC raised its holdings in shares of Juniper Networks by 60.3% in the third 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 last quarter. Quarry LP increased its stake in Juniper Networks by 71.4% in the 2nd quarter. Quarry LP now owns 1,546 shares of the network equipment provider’s stock valued at $56,000 after buying an additional 644 shares during the last quarter. Sentry Investment Management LLC bought a new position in shares of Juniper Networks during the 3rd quarter worth approximately $61,000. Longfellow Investment Management Co. LLC boosted its stake in shares of Juniper Networks by 84.7% in the 3rd quarter. Longfellow Investment Management Co. LLC now owns 1,830 shares of the network equipment provider’s stock worth $71,000 after buying an additional 839 shares during the last quarter. Finally, Brooklyn Investment Group bought a new position in shares of Juniper Networks in the third quarter valued at approximately $76,000. Institutional investors and hedge funds own 91.95% of the company’s stock.

Analyst Upgrades and Downgrades

Several research analysts have weighed in on JNPR shares. Barclays cut their price objective on 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 restated a “neutral” rating and set a $40.00 price objective on shares of Juniper Networks in a report on Friday, November 1st. Five investment analysts have rated the stock with a hold rating and one has issued a buy rating to the company’s stock. Based on data from MarketBeat.com, the company currently has an average rating of “Hold” and an average price target of $39.25.

Juniper Networks Trading Up 0.1 %

Shares of JNPR opened at $39.03 on Monday. The firm has a market cap of $12.92 billion, a P/E ratio of 51.35, a price-to-earnings-growth ratio of 8.57 and a beta of 0.88. Juniper Networks, Inc. has a fifty-two week low of $34.30 and a fifty-two week 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 business has a 50-day moving average of $37.31 and a 200 day moving average of $38.10.

Juniper Networks Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Monday, December 23rd. Stockholders of record on Monday, December 2nd were given a $0.22 dividend. This represents a $0.88 annualized dividend and a dividend yield of 2.25%. The ex-dividend date was Monday, December 2nd. Juniper Networks’s dividend payout ratio (DPR) is currently 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.