Custom Index Systems LLC Purchases 1,265 Shares of Juniper Networks, Inc. (NYSE:JNPR)

Custom Index Systems LLC raised its holdings in shares of Juniper Networks, Inc. (NYSE:JNPR) by 6.6% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 20,413 shares of the network equipment provider’s stock after acquiring an additional 1,265 shares during the quarter. Custom Index Systems LLC’s holdings in Juniper Networks were worth $764,000 as of its most recent SEC filing.

Several other large investors have also made changes to their positions in the business. Thrivent Financial for Lutherans lifted its holdings in shares of Juniper Networks by 12.4% in the second quarter. Thrivent Financial for Lutherans now owns 14,759 shares of the network equipment provider’s stock worth $538,000 after buying an additional 1,633 shares in the last quarter. Public Sector Pension Investment Board increased its holdings in Juniper Networks by 73.0% in the 2nd quarter. Public Sector Pension Investment Board now owns 12,584 shares of the network equipment provider’s stock valued at $459,000 after acquiring an additional 5,311 shares during the last quarter. The Manufacturers Life Insurance Company lifted its stake in Juniper Networks by 0.7% in the 2nd quarter. The Manufacturers Life Insurance Company now owns 203,828 shares of the network equipment provider’s stock worth $7,432,000 after purchasing an additional 1,497 shares in the last quarter. Creative Planning boosted its holdings in shares of Juniper Networks by 13.8% during the 2nd quarter. Creative Planning now owns 18,789 shares of the network equipment provider’s stock valued at $685,000 after purchasing an additional 2,276 shares during the last quarter. Finally, Northwestern Mutual Wealth Management Co. boosted its holdings in shares of Juniper Networks by 7.9% during the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 5,791 shares of the network equipment provider’s stock valued at $211,000 after purchasing an additional 422 shares during the last quarter. 91.95% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

Several brokerages have recently issued reports on JNPR. Rosenblatt Securities reaffirmed a “neutral” rating and issued a $40.00 target price on shares of Juniper Networks in a report on Friday, November 1st. StockNews.com raised Juniper Networks from a “hold” rating to a “buy” rating in a research note on Friday. Finally, Barclays lowered 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. Four equities research analysts have rated the stock with a hold rating and two have issued a buy rating to the company. Based on data from MarketBeat.com, Juniper Networks has a consensus rating of “Hold” and a consensus target price of $39.25.

Juniper Networks Trading Up 1.6 %

JNPR opened at $34.94 on Friday. The stock has a 50-day moving average of $37.34 and a 200 day moving average of $38.04. The company has a current ratio of 1.72, a quick ratio of 1.30 and a debt-to-equity ratio of 0.35. Juniper Networks, Inc. has a 12 month low of $33.72 and a 12 month high of $39.79. The firm has a market cap of $11.57 billion, a P/E ratio of 45.97, a P/E/G ratio of 7.76 and a beta of 0.88.

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.