Juniper Networks, Inc. (NYSE:JNPR) Shares Bought by DekaBank Deutsche Girozentrale

DekaBank Deutsche Girozentrale grew its position in shares of Juniper Networks, Inc. (NYSE:JNPR) by 14.3% in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 49,416 shares of the network equipment provider’s stock after acquiring an additional 6,177 shares during the quarter. DekaBank Deutsche Girozentrale’s holdings in Juniper Networks were worth $1,911,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Oak Thistle LLC grew its stake in shares of Juniper Networks by 4.6% in the second quarter. Oak Thistle LLC now owns 8,015 shares of the network equipment provider’s stock valued at $292,000 after buying an additional 353 shares in the last quarter. Oregon Public Employees Retirement Fund grew its stake in shares of Juniper Networks by 1.5% in the second quarter. Oregon Public Employees Retirement Fund now owns 27,941 shares of the network equipment provider’s stock valued at $1,019,000 after buying an additional 400 shares in the last quarter. Harbor Capital Advisors Inc. grew its stake in shares of Juniper Networks by 8.9% in the second quarter. Harbor Capital Advisors Inc. now owns 4,903 shares of the network equipment provider’s stock valued at $179,000 after buying an additional 402 shares in the last quarter. Northwestern Mutual Wealth Management Co. grew its stake in 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 in the last quarter. Finally, Keene & Associates Inc. grew its stake in Juniper Networks by 3.8% during the 2nd quarter. Keene & Associates Inc. now owns 11,485 shares of the network equipment provider’s stock valued at $419,000 after purchasing an additional 425 shares in the last quarter. 91.95% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

A number of equities research analysts have weighed in on JNPR shares. Rosenblatt Securities restated a “neutral” rating and set a $40.00 price objective on shares of Juniper Networks in a research note on Friday. StockNews.com started coverage on Juniper Networks in a research note on Monday, September 16th. They set a “hold” rating for the company. Citigroup restated a “neutral” rating and set a $40.00 price objective on shares of Juniper Networks in a research note on Monday, September 23rd. Needham & Company LLC restated a “hold” rating on shares of Juniper Networks in a research note on Friday, July 26th. Finally, Barclays lowered their price objective on Juniper Networks from $40.00 to $37.00 and set an “equal weight” rating for the company in a research note on Friday. Eight research analysts have rated the stock with a hold rating and one has given a buy rating to the company. According to data from MarketBeat.com, Juniper Networks presently has an average rating of “Hold” and an average target price of $39.50.

Juniper Networks Stock Up 0.3 %

JNPR opened at $39.00 on Friday. The stock’s fifty day moving average is $38.87 and its 200-day moving average is $37.18. The company has a market capitalization of $12.84 billion, a PE ratio of 54.17, a P/E/G ratio of 12.22 and a beta of 0.93. The company has a debt-to-equity ratio of 0.36, a quick ratio of 1.23 and a current ratio of 1.69. Juniper Networks, Inc. has a one year low of $25.83 and a one year high of $39.79.

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.