Juniper Networks, Inc. (NYSE:JNPR) Shares Bought by Mizuho Securities USA LLC

Mizuho Securities USA LLC boosted its position in shares of Juniper Networks, Inc. (NYSE:JNPR) by 1,885.0% in the 3rd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 497,430 shares of the network equipment provider’s stock after buying an additional 472,370 shares during the quarter. Mizuho Securities USA LLC’s holdings in Juniper Networks were worth $19,390,000 at the end of the most recent quarter.

Other large investors also recently made changes to their positions in the company. Principal Financial Group Inc. grew its holdings in shares of Juniper Networks by 5.1% in the 3rd quarter. Principal Financial Group Inc. now owns 446,529 shares of the network equipment provider’s stock worth $17,406,000 after acquiring an additional 21,651 shares during the last quarter. Gamco Investors INC. ET AL purchased a new stake in Juniper Networks in the 1st quarter worth approximately $4,945,000. ING Groep NV increased its stake in shares of Juniper Networks by 30.6% in the third quarter. ING Groep NV now owns 1,181,322 shares of the network equipment provider’s stock worth $46,048,000 after acquiring an additional 276,891 shares during the last quarter. GSA Capital Partners LLP purchased a new position in Juniper Networks in the third quarter valued at about $2,731,000. Finally, Blair William & Co. IL acquired a new position in Juniper Networks in the 1st quarter worth about $587,000. Institutional investors own 91.95% of the company’s stock.

Juniper Networks Price Performance

Shares of JNPR stock opened at $36.50 on Friday. The firm has a market cap of $12.08 billion, a price-to-earnings ratio of 48.03, a P/E/G ratio of 12.07 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. The stock’s fifty day simple moving average is $38.83 and its 200 day simple moving average is $37.38. Juniper Networks, Inc. has a one year low of $25.83 and a one year high of $39.79.

Juniper Networks Announces Dividend

The company also recently announced 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 of this dividend is Monday, December 2nd. This represents a $0.88 annualized dividend and a dividend yield of 2.41%. Juniper Networks’s dividend payout ratio (DPR) is currently 115.79%.

Wall Street Analysts Forecast Growth

JNPR has been the topic of a number of recent analyst reports. Citigroup reissued a “neutral” rating and issued a $40.00 price target on shares of Juniper Networks in a research report on Monday, September 23rd. Rosenblatt Securities reiterated a “neutral” rating and issued a $40.00 price objective on shares of Juniper Networks in a research note on Friday, November 1st. Barclays decreased their target price on Juniper Networks from $40.00 to $37.00 and set an “equal weight” rating for the company in a research note on Friday, November 1st. StockNews.com started coverage on Juniper Networks in a research report on Monday, September 16th. They issued a “hold” rating on the stock. Finally, Needham & Company LLC restated a “hold” rating on shares of Juniper Networks in a research note on Friday, July 26th. Eight analysts have rated the stock with a hold rating and one has assigned a buy rating to the company. According to MarketBeat.com, Juniper Networks presently has a consensus rating of “Hold” and a consensus price target of $39.50.

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.