Juniper Networks (NYSE:JNPR) Sees Large Volume Increase - What's Next?

Juniper Networks, Inc. (NYSE:JNPR - Get Free Report) saw an uptick in trading volume on Wednesday . 11,969,981 shares traded hands during trading, an increase of 228% from the previous session's volume of 3,649,957 shares.The stock last traded at $35.38 and had previously closed at $36.30.

Analyst Ratings Changes

JNPR has been the topic of several analyst reports. Barclays cut their price target on shares of Juniper Networks from $40.00 to $37.00 and set an "equal weight" rating on the stock in a report on Friday, November 1st. Rosenblatt Securities reaffirmed a "neutral" rating and set a $40.00 target price on shares of Juniper Networks in a research report on Friday, November 1st. Five equities research analysts have rated the stock with a hold rating and one has given a buy rating to the company. Based on data from MarketBeat.com, Juniper Networks presently has an average rating of "Hold" and an average price target of $39.25.

Juniper Networks Stock Performance

The stock has a market capitalization of $11.58 billion, a price-to-earnings ratio of 46.04, a P/E/G ratio of 8.57 and a beta of 0.88. The company has a current ratio of 1.72, a quick ratio of 1.30 and a debt-to-equity ratio of 0.35. The firm has a 50-day moving average of $37.39 and a 200-day moving average of $38.11.

Juniper Networks Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Monday, December 23rd. Investors of record on Monday, December 2nd were given a $0.22 dividend. The ex-dividend date of this dividend was Monday, December 2nd. This represents a $0.88 dividend on an annualized basis and a yield of 2.52%. Juniper Networks's dividend payout ratio is currently 115.79%.

Institutional Trading of Juniper Networks

Several institutional investors and hedge funds have recently bought and sold shares of JNPR. Venturi Wealth Management LLC lifted its stake in shares of Juniper Networks by 60.3% in the 3rd quarter. Venturi Wealth Management LLC now owns 1,188 shares of the network equipment provider's stock valued at $46,000 after purchasing an additional 447 shares during the period. Quarry LP boosted its stake in shares of Juniper Networks by 71.4% during the 2nd quarter. Quarry LP now owns 1,546 shares of the network equipment provider's stock worth $56,000 after acquiring an additional 644 shares in the last quarter. Sentry Investment Management LLC acquired a new stake in shares of Juniper Networks during the 3rd quarter valued at about $61,000. Longfellow Investment Management Co. LLC increased its stake in shares of Juniper Networks by 84.7% in the 3rd quarter. Longfellow Investment Management Co. LLC now owns 1,830 shares of the network equipment provider's stock valued at $71,000 after purchasing an additional 839 shares in the last quarter. Finally, Brooklyn Investment Group acquired a new position in Juniper Networks in the 3rd quarter worth about $76,000. 91.95% of the stock is currently owned by institutional investors and hedge funds.

About Juniper Networks

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.

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