iA Global Asset Management Inc. Has $1.55 Million Stake in Juniper Networks, Inc. (NYSE:JNPR)

iA Global Asset Management Inc. grew its stake in shares of Juniper Networks, Inc. (NYSE:JNPR) by 5.7% in the third quarter, according to its most recent disclosure with the SEC. The fund owned 39,688 shares of the network equipment provider’s stock after buying an additional 2,143 shares during the period. iA Global Asset Management Inc.’s holdings in Juniper Networks were worth $1,547,000 as of its most recent filing with the SEC.

Other large investors have also made changes to their positions in the company. Pacer Advisors Inc. lifted its holdings in shares of Juniper Networks by 14,314.7% during the 2nd quarter. Pacer Advisors Inc. now owns 4,832,105 shares of the network equipment provider’s stock worth $176,179,000 after acquiring an additional 4,798,583 shares during the period. Twin Securities Inc. raised its position in Juniper Networks by 760.3% in the third quarter. Twin Securities Inc. now owns 678,257 shares of the network equipment provider’s stock worth $26,438,000 after purchasing an additional 599,420 shares in the last quarter. State Street Corp raised its position in Juniper Networks by 3.8% in the third quarter. State Street Corp now owns 15,758,844 shares of the network equipment provider’s stock worth $614,280,000 after purchasing an additional 574,418 shares in the last quarter. Healthcare of Ontario Pension Plan Trust Fund lifted its stake in Juniper Networks by 172,681.3% during the third quarter. Healthcare of Ontario Pension Plan Trust Fund now owns 552,900 shares of the network equipment provider’s stock worth $21,552,000 after purchasing an additional 552,580 shares during the period. Finally, Mizuho Securities USA LLC boosted its holdings in Juniper Networks by 1,885.0% during the third quarter. Mizuho Securities USA LLC now owns 497,430 shares of the network equipment provider’s stock valued at $19,390,000 after purchasing an additional 472,370 shares in the last quarter. Institutional investors and hedge funds own 91.95% of the company’s stock.

Analyst Upgrades and Downgrades

A number of analysts have weighed in on the company. Citigroup reiterated 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 set a $40.00 target price on shares of Juniper Networks in a research report on Friday, November 1st. StockNews.com started coverage on shares of Juniper Networks in a report on Monday, September 16th. They set a “hold” rating for the company. Finally, Barclays decreased their price objective on shares of Juniper Networks from $40.00 to $37.00 and set an “equal weight” rating on the stock in a research note on Friday, November 1st. Eight analysts have rated the stock with a hold rating and one has issued a buy rating to the stock. According to data from MarketBeat, Juniper Networks has a consensus rating of “Hold” and a consensus target price of $39.50.

Juniper Networks Trading Down 0.7 %

Shares of NYSE JNPR opened at $36.52 on Monday. Juniper Networks, Inc. has a 1-year low of $28.61 and a 1-year high of $39.79. The company has a 50-day moving average of $37.98 and a two-hundred day moving average of $37.55. The company has a market cap of $12.09 billion, a PE ratio of 48.05, a P/E/G ratio of 11.44 and a beta of 0.89. The company has a current ratio of 1.72, a quick ratio of 1.30 and a debt-to-equity ratio of 0.35.

Juniper Networks Announces Dividend

The company also recently disclosed 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. This represents a $0.88 annualized dividend and a yield of 2.41%. The ex-dividend date is Monday, December 2nd. Juniper Networks’s dividend payout ratio is 115.79%.

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.