MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. Purchases 16,411 Shares of Juniper Networks, Inc. (NYSE:JNPR)

MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its position in Juniper Networks, Inc. (NYSE:JNPR - Free Report) by 10.7% in the fourth quarter, according to its most recent filing with the SEC. The fund owned 169,604 shares of the network equipment provider's stock after acquiring an additional 16,411 shares during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. owned 0.05% of Juniper Networks worth $6,352,000 as of its most recent filing with the SEC.

Several other hedge funds also recently modified their holdings of JNPR. Assenagon Asset Management S.A. boosted its holdings in shares of Juniper Networks by 10.8% during the 4th quarter. Assenagon Asset Management S.A. now owns 83,254 shares of the network equipment provider's stock valued at $3,118,000 after acquiring an additional 8,118 shares in the last quarter. Ritholtz Wealth Management acquired a new stake in shares of Juniper Networks during the 4th quarter valued at $207,000. Avanza Fonder AB acquired a new stake in shares of Juniper Networks during the 4th quarter valued at $1,349,000. SG Americas Securities LLC boosted its holdings in shares of Juniper Networks by 123.8% during the 4th quarter. SG Americas Securities LLC now owns 226,448 shares of the network equipment provider's stock valued at $8,480,000 after acquiring an additional 125,278 shares in the last quarter. Finally, Empirical Financial Services LLC d.b.a. Empirical Wealth Management acquired a new stake in shares of Juniper Networks during the 4th quarter valued at $1,374,000. Institutional investors and hedge funds own 91.95% of the company's stock.

Insider Transactions at Juniper Networks

In other news, COO Manoj Leelanivas sold 30,978 shares of Juniper Networks stock in a transaction dated Wednesday, February 26th. The stock was sold at an average price of $36.02, for a total value of $1,115,827.56. Following the completion of the transaction, the chief operating officer now directly owns 94,771 shares of the company's stock, valued at approximately $3,413,651.42. This trade represents a 24.63% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Corporate insiders own 1.37% of the company's stock.

Analyst Upgrades and Downgrades

JNPR has been the topic of several recent research reports. Barclays raised their price objective on Juniper Networks from $39.00 to $40.00 and gave the company an "equal weight" rating in a report on Monday, May 5th. Rosenblatt Securities reissued a "neutral" rating and set a $40.00 price objective on shares of Juniper Networks in a report on Friday, May 2nd. Wall Street Zen raised Juniper Networks from a "buy" rating to a "strong-buy" rating in a report on Friday, May 2nd. Evercore ISI raised Juniper Networks from an "in-line" rating to an "outperform" rating and set a $40.00 target price for the company in a research report on Tuesday, February 4th. Finally, Argus lowered Juniper Networks from a "buy" rating to a "hold" rating in a research report on Friday, February 7th. Five equities research analysts have rated the stock with a hold rating, one has given a buy rating and one has assigned a strong buy rating to the company. Based on data from MarketBeat.com, the stock presently has a consensus rating of "Hold" and an average target price of $40.00.

Juniper Networks Trading Up 0.1%

NYSE:JNPR traded up $0.02 during trading hours on Friday, hitting $35.99. 1,783,762 shares of the company were exchanged, compared to its average volume of 3,269,905. The stock has a market capitalization of $12.03 billion, a price-to-earnings ratio of 41.85, a price-to-earnings-growth ratio of 2.20 and a beta of 0.82. The company has a current ratio of 1.46, a quick ratio of 1.14 and a debt-to-equity ratio of 0.25. Juniper Networks, Inc. has a one year low of $33.42 and a one year high of $39.79. The company has a fifty day simple moving average of $35.62 and a 200 day simple moving average of $36.44.

Juniper Networks (NYSE:JNPR - Get Free Report) last posted its quarterly earnings data on Thursday, May 1st. The network equipment provider reported $0.43 earnings per share for the quarter, topping the consensus estimate of $0.41 by $0.02. Juniper Networks had a return on equity of 7.57% and a net margin of 5.67%. The firm had revenue of $1.28 billion during the quarter, compared to analyst estimates of $1.28 billion. During the same period last year, the company posted $0.29 EPS. The business's quarterly revenue was up 11.4% on a year-over-year basis. Sell-side analysts expect that Juniper Networks, Inc. will post 1.33 EPS for the current fiscal year.

Juniper Networks Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, June 23rd. Stockholders of record on Monday, June 2nd will be given a $0.22 dividend. This represents a $0.88 annualized dividend and a dividend yield of 2.45%. The ex-dividend date is Monday, June 2nd. Juniper Networks's dividend payout ratio (DPR) is presently 83.81%.

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.