Versor Investments LP Sells 121,832 Shares of Juniper Networks, Inc. (NYSE:JNPR)

Versor Investments LP decreased its position in Juniper Networks, Inc. (NYSE:JNPR - Free Report) by 81.4% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 27,896 shares of the network equipment provider's stock after selling 121,832 shares during the period. Versor Investments LP's holdings in Juniper Networks were worth $1,087,000 as of its most recent SEC filing.

Other hedge funds have also made changes to their positions in the company. Pacer Advisors Inc. boosted its position in shares of Juniper Networks by 14,314.7% during the 2nd quarter. Pacer Advisors Inc. now owns 4,832,105 shares of the network equipment provider's stock worth $176,179,000 after purchasing an additional 4,798,583 shares during the period. Bank of New York Mellon Corp raised its holdings in Juniper Networks by 3.8% in the second quarter. Bank of New York Mellon Corp now owns 3,157,579 shares of the network equipment provider's stock valued at $115,125,000 after acquiring an additional 114,795 shares in the last quarter. Alpine Associates Management Inc. raised its holdings in Juniper Networks by 9.1% in the second quarter. Alpine Associates Management Inc. now owns 2,374,164 shares of the network equipment provider's stock valued at $86,562,000 after acquiring an additional 197,400 shares in the last quarter. Magnetar Financial LLC acquired a new stake in Juniper Networks during the first quarter worth approximately $86,494,000. Finally, Hsbc Holdings PLC raised its holdings in Juniper Networks by 14.4% during the second quarter. Hsbc Holdings PLC now owns 1,911,855 shares of the network equipment provider's stock worth $69,716,000 after purchasing an additional 240,385 shares in the last quarter. Hedge funds and other institutional investors own 91.95% of the company's stock.

Analyst Ratings Changes

A number of equities analysts have recently commented on JNPR shares. StockNews.com assumed coverage on shares of Juniper Networks in a report on Monday, September 16th. They issued a "hold" rating on the stock. Needham & Company LLC reissued a "hold" rating on shares of Juniper Networks in a research note on Friday, July 26th. Barclays dropped their price objective on shares of Juniper Networks from $40.00 to $37.00 and set an "equal weight" rating for the company in a research note on Friday, November 1st. Citigroup reiterated a "neutral" rating and set a $40.00 target price on shares of Juniper Networks in a report on Monday, September 23rd. Finally, Rosenblatt Securities restated a "neutral" rating and issued a $40.00 price target on shares of Juniper Networks in a report on Friday, November 1st. Eight analysts have rated the stock with a hold rating and one has assigned a buy rating to the company's stock. According to MarketBeat.com, the company currently has an average rating of "Hold" and an average price target of $39.50.

Juniper Networks Stock Down 0.8 %

Shares of JNPR traded down $0.31 during midday trading on Tuesday, reaching $38.53. 6,973,093 shares of the stock were exchanged, compared to its average volume of 3,618,566. Juniper Networks, Inc. has a 12-month low of $25.83 and a 12-month high of $39.79. The firm has a 50 day simple moving average of $38.88 and a 200-day simple moving average of $37.33. The company has a quick ratio of 1.30, a current ratio of 1.72 and a debt-to-equity ratio of 0.35. The company has a market cap of $12.76 billion, a price-to-earnings ratio of 51.11, a P/E/G ratio of 12.28 and a beta of 0.93.

Juniper Networks Announces Dividend

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 issued a $0.22 dividend. This represents a $0.88 dividend on an annualized basis and a yield of 2.28%. The ex-dividend date of this dividend is Monday, December 2nd. Juniper Networks's dividend payout ratio (DPR) is currently 115.79%.

About Juniper Networks

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.