Barclays PLC Has $31.96 Million Position in Juniper Networks, Inc. (NYSE:JNPR)

Barclays PLC decreased its position in Juniper Networks, Inc. (NYSE:JNPR - Free Report) by 3.1% in the 3rd quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 820,049 shares of the network equipment provider's stock after selling 26,316 shares during the period. Barclays PLC owned approximately 0.25% of Juniper Networks worth $31,964,000 at the end of the most recent quarter.

Other hedge funds also recently modified their holdings of the company. Larson Financial Group LLC boosted its holdings in Juniper Networks by 2,069.4% during the second quarter. Larson Financial Group LLC now owns 781 shares of the network equipment provider's stock worth $28,000 after purchasing an additional 745 shares during the last quarter. OFI Invest Asset Management acquired a new stake in Juniper Networks in the 2nd quarter valued at about $31,000. Longfellow Investment Management Co. LLC bought a new position in shares of Juniper Networks during the 2nd quarter worth approximately $36,000. Venturi Wealth Management LLC increased 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. Finally, Quarry LP raised its position in shares of Juniper Networks by 71.4% in the second 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. Institutional investors and hedge funds own 91.95% of the company's stock.

Analyst Ratings Changes

A number of research analysts recently commented on the stock. Rosenblatt Securities reiterated a "neutral" rating and issued a $40.00 price target on shares of Juniper Networks in a research note on Friday, November 1st. Barclays lowered 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. StockNews.com started coverage on shares of Juniper Networks in a research report on Monday, September 16th. They set a "hold" rating on the stock. Finally, Citigroup reiterated a "neutral" rating and issued a $40.00 price target on shares of Juniper Networks in a research note on Monday, September 23rd. Eight investment 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 $39.50.

Juniper Networks Price Performance

JNPR traded down $0.07 during trading on Friday, hitting $37.23. 1,474,317 shares of the stock traded hands, compared to its average volume of 3,717,819. The business has a 50 day moving average price of $37.81 and a 200 day moving average price of $37.63. 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, Inc. has a twelve month low of $28.94 and a twelve month high of $39.79. The company has a market cap of $12.33 billion, a price-to-earnings ratio of 48.99, a PEG ratio of 11.80 and a beta of 0.89.

Juniper Networks Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Monday, December 23rd. Shareholders of record on Monday, December 2nd will be given a $0.22 dividend. This represents a $0.88 dividend on an annualized basis and a yield of 2.36%. The ex-dividend date of this dividend is Monday, December 2nd. Juniper Networks's dividend payout ratio is presently 115.79%.

Juniper Networks 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.