Nomura Holdings Inc. Invests $408,000 in Juniper Networks, Inc. (NYSE:JNPR)

Nomura Holdings Inc. acquired a new stake in shares of Juniper Networks, Inc. (NYSE:JNPR - Free Report) in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund acquired 10,906 shares of the network equipment provider's stock, valued at approximately $408,000.

Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Hollencrest Capital Management acquired a new position in Juniper Networks during the 4th quarter valued at approximately $38,000. EverSource Wealth Advisors LLC grew its stake in shares of Juniper Networks by 47.8% in the fourth quarter. EverSource Wealth Advisors LLC now owns 1,123 shares of the network equipment provider's stock worth $42,000 after purchasing an additional 363 shares in the last quarter. Huntington National Bank grew its stake in shares of Juniper Networks by 91.9% in the fourth quarter. Huntington National Bank now owns 1,263 shares of the network equipment provider's stock worth $47,000 after purchasing an additional 605 shares in the last quarter. Larson Financial Group LLC grew its stake in shares of Juniper Networks by 139.5% in the fourth quarter. Larson Financial Group LLC now owns 1,794 shares of the network equipment provider's stock worth $67,000 after purchasing an additional 1,045 shares in the last quarter. Finally, Smartleaf Asset Management LLC grew its stake in shares of Juniper Networks by 41.5% in the fourth quarter. Smartleaf Asset Management LLC now owns 2,099 shares of the network equipment provider's stock worth $78,000 after purchasing an additional 616 shares in the last quarter. Institutional investors and hedge funds own 91.95% of the company's stock.

Wall Street Analysts Forecast Growth

Several research analysts have recently issued reports on JNPR shares. Rosenblatt Securities reissued a "neutral" rating and issued a $40.00 price target on shares of Juniper Networks in a research note on Friday, May 2nd. Argus cut Juniper Networks from a "buy" rating to a "hold" rating in a research note on Friday, February 7th. Evercore ISI raised Juniper Networks from an "in-line" rating to an "outperform" rating and set a $40.00 price target for the company in a research note on Tuesday, February 4th. Wall Street Zen raised Juniper Networks from a "buy" rating to a "strong-buy" rating in a research note on Friday, May 2nd. Finally, Barclays increased their price target on Juniper Networks from $39.00 to $40.00 and gave the stock an "equal weight" rating in a research note on Monday, May 5th. Five equities research analysts have rated the stock with a hold rating, one has given a buy rating and one has given a strong buy rating to the stock. According to data from MarketBeat, the company currently has a consensus rating of "Hold" and a consensus target price of $40.00.

Juniper Networks Price Performance

Shares of Juniper Networks stock traded up $0.07 during trading on Tuesday, hitting $36.06. The stock had a trading volume of 1,895,534 shares, compared to its average volume of 3,271,279. The company has a debt-to-equity ratio of 0.25, a current ratio of 1.46 and a quick ratio of 1.14. The firm has a market cap of $12.06 billion, a P/E ratio of 41.93, a PEG ratio of 2.20 and a beta of 0.82. The business has a fifty day moving average of $35.62 and a two-hundred day moving average of $36.38. Juniper Networks, Inc. has a fifty-two week low of $33.42 and a fifty-two week high of $39.79.

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

Juniper Networks Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Monday, June 23rd. Stockholders of record on Monday, June 2nd will be given a dividend of $0.22 per share. This represents a $0.88 dividend on an annualized basis and a dividend yield of 2.44%. The ex-dividend date of this dividend is Monday, June 2nd. Juniper Networks's dividend payout ratio (DPR) is presently 83.81%.

Insider Transactions at Juniper Networks

In other news, COO Manoj Leelanivas sold 30,978 shares of the business's stock in a transaction on Wednesday, February 26th. The stock was sold at an average price of $36.02, for a total transaction of $1,115,827.56. Following the sale, the chief operating officer now directly owns 94,771 shares of the company's stock, valued at $3,413,651.42. The trade was a 24.63% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. 1.37% of the stock is owned by insiders.

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.