B. Metzler seel. Sohn & Co. Holding AG Invests $875,000 in Juniper Networks, Inc. (NYSE:JNPR)

B. Metzler seel. Sohn & Co. Holding AG bought a new position in Juniper Networks, Inc. (NYSE:JNPR - Free Report) in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor bought 22,447 shares of the network equipment provider's stock, valued at approximately $875,000.

A number of other institutional investors and hedge funds have also recently bought and sold shares of JNPR. Pathstone Holdings LLC grew its stake in shares of Juniper Networks by 2.9% during the third quarter. Pathstone Holdings LLC now owns 38,488 shares of the network equipment provider's stock valued at $1,500,000 after acquiring an additional 1,093 shares in the last quarter. Quest Partners LLC increased its stake in shares of Juniper Networks by 576.3% in the third quarter. Quest Partners LLC now owns 11,084 shares of the network equipment provider's stock worth $432,000 after buying an additional 9,445 shares during the last quarter. Swiss National Bank raised its holdings in Juniper Networks by 0.4% in the third quarter. Swiss National Bank now owns 964,400 shares of the network equipment provider's stock valued at $37,592,000 after acquiring an additional 3,900 shares in the last quarter. Sather Financial Group Inc boosted its stake in Juniper Networks by 17.6% during the 3rd quarter. Sather Financial Group Inc now owns 259,786 shares of the network equipment provider's stock valued at $10,126,000 after acquiring an additional 38,936 shares during the last quarter. Finally, Natixis Advisors LLC grew its holdings in Juniper Networks by 38.6% during the 3rd quarter. Natixis Advisors LLC now owns 27,799 shares of the network equipment provider's stock worth $1,084,000 after acquiring an additional 7,745 shares in the last quarter. Hedge funds and other institutional investors own 91.95% of the company's stock.

Analyst Ratings Changes

Several brokerages have recently commented on JNPR. Barclays reduced their price target on shares of Juniper Networks from $40.00 to $37.00 and set an "equal weight" rating on the stock in a research report on Friday, November 1st. Rosenblatt Securities reiterated a "neutral" rating and issued a $40.00 target price on shares of Juniper Networks in a research report on Friday, November 1st. Citigroup reissued a "neutral" rating and set a $40.00 target price on shares of Juniper Networks in a report on Monday, September 23rd. Finally, StockNews.com initiated coverage on shares of Juniper Networks in a research report on Monday, September 16th. They set a "hold" rating for the company. Eight analysts have rated the stock with a hold rating and one has assigned a buy rating to the stock. Based on data from MarketBeat.com, the stock presently has an average rating of "Hold" and a consensus target price of $39.50.

Juniper Networks Stock Performance

NYSE JNPR traded up $0.48 on Friday, hitting $35.91. The stock had a trading volume of 3,196,668 shares, compared to its average volume of 5,946,940. The company's 50-day moving average is $38.53 and its two-hundred day moving average is $37.43. The stock has a market cap of $11.89 billion, a price-to-earnings ratio of 47.25, a P/E/G ratio of 11.18 and a beta of 0.93. The company has a quick ratio of 1.30, a current ratio of 1.72 and a debt-to-equity ratio of 0.35. Juniper Networks, Inc. has a one year low of $27.00 and a one 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. Stockholders of record on Monday, December 2nd will be paid 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 115.79%.

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.