Athos Capital Ltd Has $741,000 Stock Position in Juniper Networks, Inc. (NYSE:JNPR)

Athos Capital Ltd raised its position in Juniper Networks, Inc. (NYSE:JNPR) by 9.8% in the third quarter, HoldingsChannel reports. The fund owned 19,000 shares of the network equipment provider’s stock after purchasing an additional 1,700 shares during the quarter. Juniper Networks makes up approximately 0.2% of Athos Capital Ltd’s holdings, making the stock its 20th largest holding. Athos Capital Ltd’s holdings in Juniper Networks were worth $741,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently modified their holdings of the company. Larson Financial Group LLC raised its holdings in Juniper Networks by 2,069.4% during the second quarter. Larson Financial Group LLC now owns 781 shares of the network equipment provider’s stock worth $28,000 after buying an additional 745 shares during the last quarter. OFI Invest Asset Management bought a new position in Juniper Networks in the 2nd quarter valued at about $31,000. Longfellow Investment Management Co. LLC acquired a new position in Juniper Networks during the 2nd quarter valued at about $36,000. Venturi Wealth Management LLC increased its holdings in Juniper Networks by 60.3% during the 3rd quarter. Venturi Wealth Management LLC now owns 1,188 shares of the network equipment provider’s stock worth $46,000 after purchasing an additional 447 shares in the last quarter. Finally, Quarry LP raised its stake in shares of Juniper Networks by 71.4% in the second quarter. Quarry LP now owns 1,546 shares of the network equipment provider’s stock worth $56,000 after purchasing an additional 644 shares during the last quarter. Institutional investors own 91.95% of the company’s stock.

Juniper Networks Stock Performance

NYSE JNPR opened at $35.92 on Monday. The company’s 50 day simple moving average is $38.25 and its two-hundred day simple moving average is $37.48. The stock has a market capitalization of $11.89 billion, a PE ratio of 47.26, a P/E/G ratio of 11.34 and a beta of 0.93. The company has a debt-to-equity ratio of 0.35, a current ratio of 1.72 and a quick ratio of 1.30. Juniper Networks, Inc. has a 1 year low of $27.87 and a 1 year high of $39.79.

Juniper Networks Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Monday, December 23rd. Shareholders of record on Monday, December 2nd will be issued a $0.22 dividend. The ex-dividend date is Monday, December 2nd. This represents a $0.88 annualized dividend and a dividend yield of 2.45%. Juniper Networks’s payout ratio is currently 115.79%.

Analysts Set New Price Targets

A number of equities research analysts recently commented on JNPR shares. Barclays lowered their price target 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 reissued a “neutral” rating and set a $40.00 target price on shares of Juniper Networks in a research report on Friday, November 1st. StockNews.com initiated coverage on Juniper Networks in a research report on Monday, September 16th. They issued a “hold” rating on the stock. Finally, Citigroup reaffirmed a “neutral” rating and set a $40.00 target price on shares of Juniper Networks in a research report on Monday, September 23rd. Eight analysts have rated the stock with a hold rating and one has given a buy rating to the company’s stock. Based on data from MarketBeat.com, the company has an average rating of “Hold” and a consensus price target of $39.50.

About Juniper Networks

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.