SG Americas Securities LLC Acquires 125,278 Shares of Juniper Networks, Inc. (NYSE:JNPR)

SG Americas Securities LLC lifted its stake in Juniper Networks, Inc. (NYSE:JNPR) by 123.8% in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 226,448 shares of the network equipment provider’s stock after purchasing an additional 125,278 shares during the period. SG Americas Securities LLC owned 0.07% of Juniper Networks worth $8,480,000 at the end of the most recent reporting period.

A number of other institutional investors also recently bought and sold shares of JNPR. Venturi Wealth Management LLC increased its position in 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 worth $46,000 after buying an additional 447 shares in the last quarter. Quarry LP increased its holdings in Juniper Networks by 71.4% in the 2nd quarter. Quarry LP now owns 1,546 shares of the network equipment provider’s stock worth $56,000 after acquiring an additional 644 shares in the last quarter. Sentry Investment Management LLC bought a new stake in Juniper Networks during the 3rd quarter worth approximately $61,000. Longfellow Investment Management Co. LLC lifted its holdings in Juniper Networks by 84.7% during the third quarter. Longfellow Investment Management Co. LLC now owns 1,830 shares of the network equipment provider’s stock valued at $71,000 after purchasing an additional 839 shares in the last quarter. Finally, Brooklyn Investment Group bought a new position in shares of Juniper Networks in the third quarter worth approximately $76,000. 91.95% of the stock is owned by institutional investors.

Analyst Ratings Changes

JNPR has been the topic of a number of analyst reports. Barclays lowered their target price on shares of Juniper Networks from $40.00 to $37.00 and set an “equal weight” rating on the stock in a research note on Friday, November 1st. Rosenblatt Securities restated a “neutral” rating and issued a $40.00 price objective on shares of Juniper Networks in a research report on Friday, November 1st. Five 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, the stock currently has a consensus rating of “Hold” and a consensus target price of $39.25.

Juniper Networks Stock Up 0.4 %

Shares of JNPR stock opened at $38.93 on Friday. The company’s fifty day simple moving average is $37.26 and its two-hundred day simple moving average is $38.07. Juniper Networks, Inc. has a 52 week low of $34.30 and a 52 week high of $39.79. The stock has a market cap of $12.89 billion, a P/E ratio of 51.22, a PEG ratio of 8.52 and a beta of 0.88. The company has a quick ratio of 1.30, a current ratio of 1.72 and a debt-to-equity ratio of 0.35.

Juniper Networks Dividend Announcement

The company also recently declared 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 dividend on an annualized basis and a yield of 2.26%. The ex-dividend date of this dividend was Monday, December 2nd. Juniper Networks’s 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.