Private Advisor Group LLC acquired a new stake in shares of Juniper Networks, Inc. (NYSE:JNPR) during the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund acquired 7,602 shares of the network equipment provider’s stock, valued at approximately $222,000.

Other hedge funds have also recently bought and sold shares of the company. Fox Run Management L.L.C. bought a new position in Juniper Networks during the second quarter valued at $719,000. NN Investment Partners Holdings N.V. increased its position in Juniper Networks by 47.3% during the second quarter. NN Investment Partners Holdings N.V. now owns 474,851 shares of the network equipment provider’s stock valued at $13,239,000 after acquiring an additional 152,412 shares during the last quarter. Oregon Public Employees Retirement Fund increased its position in Juniper Networks by 2.4% during the second quarter. Oregon Public Employees Retirement Fund now owns 102,505 shares of the network equipment provider’s stock valued at $2,858,000 after acquiring an additional 2,400 shares during the last quarter. Pacad Investment Ltd. increased its position in Juniper Networks by 69.2% during the second quarter. Pacad Investment Ltd. now owns 79,199 shares of the network equipment provider’s stock valued at $2,208,000 after acquiring an additional 32,399 shares during the last quarter. Finally, Artemis Investment Management LLP bought a new position in Juniper Networks during the second quarter valued at $4,878,000. Institutional investors and hedge funds own 90.14% of the company’s stock.

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A number of research analysts have weighed in on JNPR shares. Zacks Investment Research upgraded shares of Juniper Networks from a “hold” rating to a “buy” rating and set a $31.00 price objective on the stock in a research report on Friday, July 28th. Raymond James Financial, Inc. upgraded shares of Juniper Networks from a “market perform” rating to an “outperform” rating and set a $34.00 price objective on the stock in a research report on Friday, July 21st. BMO Capital Markets reiterated a “buy” rating and set a $34.00 price objective on shares of Juniper Networks in a research report on Wednesday, August 23rd. Instinet reissued a “buy” rating and set a $33.00 target price on shares of Juniper Networks in a research note on Tuesday, July 4th. Finally, TheStreet lowered shares of Juniper Networks from a “b” rating to a “c+” rating in a research note on Thursday, June 29th. Four equities research analysts have rated the stock with a sell rating, ten have given a hold rating, twelve have issued a buy rating and two have assigned a strong buy rating to the stock. Juniper Networks has a consensus rating of “Hold” and a consensus price target of $30.94.

In related news, VP Terrance F. Spidell sold 3,313 shares of the stock in a transaction dated Tuesday, August 1st. The stock was sold at an average price of $27.69, for a total value of $91,736.97. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, EVP Vincent Molinaro sold 5,031 shares of the stock in a transaction dated Tuesday, July 25th. The shares were sold at an average price of $30.00, for a total value of $150,930.00. The disclosure for this sale can be found here. Insiders sold 35,044 shares of company stock valued at $974,774 in the last three months. 3.40% of the stock is currently owned by company insiders.

Juniper Networks, Inc. (NYSE:JNPR) opened at 27.99 on Friday. The stock’s 50 day moving average is $27.61 and its 200 day moving average is $28.50. The firm has a market cap of $10.64 billion, a P/E ratio of 16.75 and a beta of 1.08. Juniper Networks, Inc. has a 12-month low of $22.41 and a 12-month high of $30.96.

Juniper Networks (NYSE:JNPR) last issued its quarterly earnings results on Tuesday, July 25th. The network equipment provider reported $0.57 EPS for the quarter, beating analysts’ consensus estimates of $0.54 by $0.03. The firm had revenue of $1.31 billion during the quarter, compared to the consensus estimate of $1.29 billion. Juniper Networks had a return on equity of 14.13% and a net margin of 12.66%. Juniper Networks’s revenue for the quarter was up 7.2% on a year-over-year basis. During the same quarter in the prior year, the business posted $0.50 earnings per share. On average, equities research analysts expect that Juniper Networks, Inc. will post $2.24 EPS for the current year.

The firm also recently declared a quarterly dividend, which was paid on Friday, September 22nd. Investors of record on Friday, September 1st were issued a $0.10 dividend. This represents a $0.40 dividend on an annualized basis and a yield of 1.43%. The ex-dividend date of this dividend was Wednesday, August 30th. Juniper Networks’s dividend payout ratio is currently 23.39%.

Juniper Networks Profile

Juniper Networks, Inc designs, develops and sells products and services for high-performance networks to enable customers to build networks for their businesses. The Company sells its products in over 100 countries in three geographic regions: Americas; Europe, the Middle East and Africa, and Asia Pacific.

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Institutional Ownership by Quarter for Juniper Networks (NYSE:JNPR)

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