Healthcare of Ontario Pension Plan Trust Fund Buys 552,580 Shares of Juniper Networks, Inc. (NYSE:JNPR)

Healthcare of Ontario Pension Plan Trust Fund grew its stake in shares of Juniper Networks, Inc. (NYSE:JNPR) by 172,681.3% in the third quarter, according to its most recent disclosure with the SEC. The fund owned 552,900 shares of the network equipment provider’s stock after buying an additional 552,580 shares during the period. Healthcare of Ontario Pension Plan Trust Fund owned approximately 0.17% of Juniper Networks worth $21,552,000 as of its most recent filing with the SEC.

Several other hedge funds have also made changes to their positions in JNPR. Glenmede Trust Co. NA raised its stake in shares of Juniper Networks by 2.5% in the third quarter. Glenmede Trust Co. NA now owns 34,755 shares of the network equipment provider’s stock valued at $1,355,000 after purchasing an additional 851 shares in the last quarter. Townsquare Capital LLC bought a new stake in Juniper Networks in the 3rd quarter valued at $224,000. Brooklyn Investment Group acquired a new position in shares of Juniper Networks in the 3rd quarter valued at $76,000. FMR LLC lifted its holdings in shares of Juniper Networks by 19.3% during the 3rd quarter. FMR LLC now owns 53,118 shares of the network equipment provider’s stock worth $2,071,000 after acquiring an additional 8,577 shares during the period. Finally, Quantbot Technologies LP boosted its position in shares of Juniper Networks by 150.8% during the 3rd quarter. Quantbot Technologies LP now owns 35,821 shares of the network equipment provider’s stock valued at $1,396,000 after acquiring an additional 21,538 shares in the last quarter. Institutional investors own 91.95% of the company’s stock.

Analysts Set New Price Targets

Several research firms recently issued reports on JNPR. Citigroup reissued a “neutral” rating and issued a $40.00 price target on shares of Juniper Networks in a research report on Monday, September 23rd. Barclays cut their target price on Juniper Networks from $40.00 to $37.00 and set an “equal weight” rating for the company in a research report on Friday, November 1st. Rosenblatt Securities reaffirmed a “neutral” rating and issued a $40.00 price target on shares of Juniper Networks in a research note on Friday, November 1st. Finally, StockNews.com assumed coverage on Juniper Networks in a research note on Monday, September 16th. They set a “hold” rating for the company. Eight research analysts have rated the stock with a hold rating and one has assigned a buy rating to the company’s stock. According to MarketBeat, the stock presently has an average rating of “Hold” and an average price target of $39.50.

Juniper Networks Stock Up 0.1 %

Shares of Juniper Networks stock opened at $36.07 on Friday. The business has a fifty day simple moving average of $38.37 and a 200 day simple moving average of $37.46. The stock has a market cap of $11.94 billion, a PE ratio of 47.46, a price-to-earnings-growth ratio of 11.43 and a beta of 0.93. 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, Inc. has a 12 month low of $27.19 and a 12 month high of $39.79.

Juniper Networks Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Monday, December 23rd. Stockholders of record on Monday, December 2nd will be given a dividend of $0.22 per share. The ex-dividend date of this dividend is Monday, December 2nd. This represents a $0.88 annualized dividend and a dividend yield of 2.44%. Juniper Networks’s payout ratio is currently 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.