Sequoia Financial Advisors LLC acquired a new stake in Juniper Networks, Inc. (NYSE:JNPR – Free Report) during the third quarter, according to its most recent filing with the SEC. The firm acquired 5,467 shares of the network equipment provider’s stock, valued at approximately $213,000.
Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Pacer Advisors Inc. lifted its holdings in Juniper Networks by 14,314.7% in the second quarter. Pacer Advisors Inc. now owns 4,832,105 shares of the network equipment provider’s stock valued at $176,179,000 after acquiring an additional 4,798,583 shares during the period. Magnetar Financial LLC acquired a new stake in Juniper Networks in the first quarter valued at $86,494,000. Canada Pension Plan Investment Board lifted its holdings in Juniper Networks by 859.1% in the first quarter. Canada Pension Plan Investment Board now owns 836,900 shares of the network equipment provider’s stock valued at $31,016,000 after acquiring an additional 749,641 shares during the period. Gabelli Funds LLC acquired a new stake in Juniper Networks in the first quarter valued at $23,379,000. Finally, Natixis raised its stake in shares of Juniper Networks by 1,524.4% during the 1st quarter. Natixis now owns 470,137 shares of the network equipment provider’s stock worth $17,423,000 after buying an additional 441,194 shares during the last quarter. 91.95% of the stock is currently owned by hedge funds and other institutional investors.
Juniper Networks Trading Up 0.1 %
Shares of JNPR stock opened at $39.04 on Wednesday. The firm has a 50-day moving average price of $38.86 and a 200 day moving average price of $37.14. Juniper Networks, Inc. has a twelve month low of $25.83 and a twelve month high of $39.79. The company has a market capitalization of $12.69 billion, a price-to-earnings ratio of 56.58, a PEG ratio of 11.74 and a beta of 0.93. The company has a current ratio of 1.69, a quick ratio of 1.23 and a debt-to-equity ratio of 0.36.
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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.
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