Mizuho Securities USA LLC Increases Stock Position in Juniper Networks, Inc. (NYSE:JNPR)

Mizuho Securities USA LLC increased its position in shares of Juniper Networks, Inc. (NYSE:JNPR - Free Report) by 1,885.0% during the third quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 497,430 shares of the network equipment provider's stock after buying an additional 472,370 shares during the period. Mizuho Securities USA LLC owned 0.15% of Juniper Networks worth $19,390,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. CIBC Asset Management Inc grew its stake in Juniper Networks by 8.0% in the 3rd quarter. CIBC Asset Management Inc now owns 55,936 shares of the network equipment provider's stock valued at $2,180,000 after acquiring an additional 4,143 shares during the period. ING Groep NV lifted its stake in Juniper Networks by 30.6% in the 3rd quarter. ING Groep NV now owns 1,181,322 shares of the network equipment provider's stock valued at $46,048,000 after buying an additional 276,891 shares in the last quarter. Lifeworks Advisors LLC boosted its holdings in Juniper Networks by 7.1% in the 3rd quarter. Lifeworks Advisors LLC now owns 68,076 shares of the network equipment provider's stock worth $2,654,000 after buying an additional 4,486 shares during the last quarter. Tokio Marine Asset Management Co. Ltd. increased its position in shares of Juniper Networks by 95.6% during the third quarter. Tokio Marine Asset Management Co. Ltd. now owns 471,147 shares of the network equipment provider's stock worth $18,365,000 after purchasing an additional 230,273 shares in the last quarter. Finally, Metis Global Partners LLC grew its holdings in shares of Juniper Networks by 7.2% during the third quarter. Metis Global Partners LLC now owns 49,860 shares of the network equipment provider's stock worth $1,944,000 after buying an additional 3,335 shares in the last quarter. Institutional investors and hedge funds own 91.95% of the company's stock.

Juniper Networks Trading Down 4.9 %

NYSE:JNPR traded down $1.90 on Friday, reaching $36.51. 16,702,390 shares of the company's stock were exchanged, compared to its average volume of 3,690,345. The business has a fifty day moving average of $38.83 and a 200-day moving average of $37.38. 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 52-week low of $25.83 and a 52-week high of $39.79. The firm has a market capitalization of $12.09 billion, a price-to-earnings ratio of 48.03, a price-to-earnings-growth ratio of 12.07 and a beta of 0.93.

Juniper Networks Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Monday, December 23rd. Shareholders of record on Monday, December 2nd will be issued a dividend of $0.22 per share. The ex-dividend date of this dividend is Monday, December 2nd. This represents a $0.88 dividend on an annualized basis and a yield of 2.41%. Juniper Networks's dividend payout ratio (DPR) is presently 115.79%.

Wall Street Analyst Weigh In

Several research firms have recently commented on JNPR. Needham & Company LLC reiterated a "hold" rating on shares of Juniper Networks in a report on Friday, July 26th. StockNews.com initiated coverage on shares of Juniper Networks in a research note on Monday, September 16th. They issued a "hold" rating for the company. Citigroup reaffirmed a "neutral" rating and set a $40.00 price target on shares of Juniper Networks in a research report on Monday, September 23rd. Barclays reduced their target price on 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. Finally, Rosenblatt Securities reiterated a "neutral" rating and set a $40.00 price target on shares of Juniper Networks in a report on Friday, November 1st. Eight research analysts have rated the stock with a hold rating and one has assigned a buy rating to the company's stock. According to MarketBeat.com, the company presently has a consensus rating of "Hold" and a consensus target price of $39.50.

Juniper Networks 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.