Juniper Networks, Inc. (NYSE:JNPR) Short Interest Update

Juniper Networks, Inc. (NYSE:JNPR - Get Free Report) was the recipient of a significant growth in short interest in December. As of December 15th, there was short interest totalling 11,360,000 shares, a growth of 23.6% from the November 30th total of 9,190,000 shares. Currently, 3.5% of the shares of the stock are short sold. Based on an average daily trading volume, of 3,870,000 shares, the short-interest ratio is currently 2.9 days.

Analyst Ratings Changes

Several brokerages have recently commented on JNPR. StockNews.com began coverage on shares of Juniper Networks in a research report on Monday, September 16th. They issued a "hold" rating for the company. Barclays dropped their price objective on Juniper Networks from $40.00 to $37.00 and set an "equal weight" rating for the company in a research report on Friday, November 1st. Citigroup reissued a "neutral" rating and issued a $40.00 target price on shares of Juniper Networks in a report on Monday, September 23rd. Finally, Rosenblatt Securities restated a "neutral" rating and issued a $40.00 target price on shares of Juniper Networks in a research report on Friday, November 1st. Eight research analysts have rated the stock with a hold rating and one has issued a buy rating to the company. Based on data from MarketBeat.com, the company has a consensus rating of "Hold" and a consensus target price of $39.50.

Juniper Networks Trading Up 0.3 %

NYSE JNPR traded up $0.10 during mid-day trading on Tuesday, reaching $37.45. 1,401,969 shares of the stock were exchanged, compared to its average volume of 3,649,243. 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 has a market cap of $12.40 billion, a P/E ratio of 49.28, a P/E/G ratio of 11.75 and a beta of 0.89. The stock has a 50 day simple moving average of $37.48 and a 200-day simple moving average of $37.80. Juniper Networks has a one year low of $29.13 and a one year high of $39.79.

Juniper Networks Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Monday, December 23rd. Investors of record on Monday, December 2nd were given a dividend of $0.22 per share. The ex-dividend date of this dividend was Monday, December 2nd. This represents a $0.88 annualized dividend and a dividend yield of 2.35%. Juniper Networks's payout ratio is 115.79%.

Institutional Investors Weigh In On Juniper Networks

Hedge funds have recently added to or reduced their stakes in the business. Larson Financial Group LLC boosted its position in shares of Juniper Networks by 2,069.4% during the 2nd quarter. Larson Financial Group LLC now owns 781 shares of the network equipment provider's stock worth $28,000 after purchasing an additional 745 shares in the last quarter. Longfellow Investment Management Co. LLC bought a new position in Juniper Networks in the second quarter worth approximately $36,000. Venturi Wealth Management LLC grew its stake in Juniper Networks by 60.3% in the third quarter. Venturi Wealth Management LLC now owns 1,188 shares of the network equipment provider's stock valued at $46,000 after acquiring an additional 447 shares during the period. Quarry LP increased its holdings in shares of Juniper Networks by 71.4% during the second quarter. Quarry LP now owns 1,546 shares of the network equipment provider's stock valued at $56,000 after acquiring an additional 644 shares in the last quarter. Finally, Sentry Investment Management LLC acquired a new position in shares of Juniper Networks during the third quarter worth approximately $61,000. 91.95% of the stock is currently owned by institutional investors.

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.