The firm owned 211,841 shares of the network equipment provider's stock after buying an additional 87,550 shares during the quarter. Twin Capital Management Inc now holds 194,890 shares worth $5,424,000. State Street Corp increased its stake in Juniper Networks by 1.3% in the first quarter. According to today's trading volume Juniper Networks, Inc.is ABOVE its 20-Day Avg. volume with the stock showing ABOVE Abnormal volume in the past 150 days. Its investment stood at $31,211,000 an increase of 4.8% as of quarter end. Twin Capital Management Inc bolstered its position by buying 166,740 shares an increase of 592.3% from 06/30/2017 to 09/30/2017. Petrus Trust Company LTA bought a new position in shares of Juniper Networks in the second quarter worth approximately $204,000. Following the transaction, the director now owns 130,122 shares of the company's stock, valued at $3,426,112.26. Juniper Networks has a fifty-two week low of $23.87 and a fifty-two week high of $30.96. (JNPR) traded up $0.36 during trading hours on Tuesday, hitting $25.36. It is used to find out the best value stocks, 9 being the best. The value of the company's investment in Juniper Networks decreased from $1,206,000 to $1,205,000 decreasing 0.1% quarter over quarter. The stock now has a consensus rating of "Hold" and an average target price of $29.61. (NYSE:JNPR) opened at $25.36 on Tuesday.
Analysts believe that the company has the potential to earn average revenue of $1.23 Billion for the current quarter. It has a return on equity (ROE) of 12.70%. Insiders sold a total of 26,700 shares of company stock valued at $732,107 over the last ninety days.
Varying Stocks: Juniper Networks, Inc., (NYSE: JNPR), Alteryx, Inc., (NYSE: AYX), Pan American Silver Corp ...
The business also recently declared a quarterly dividend, which will be paid on Friday, December 22nd. Its Average True Range (ATR) value figured out at 0.88. This represents a $0.40 dividend on an annualized basis and a dividend yield of 1.58%. The ex-dividend date of this dividend is Tuesday, November 29th. Juniper Networks's payout ratio is presently 23.26%.
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Several hedge funds have recently bought and sold shares of the stock. This nets out to an increase of 7.18 million shares and is a bullish sign for JNPR. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link.
In other news, Director Rahul N. Merchant acquired 2,000 shares of Juniper Networks stock in a transaction on Wednesday, November 8th. The shares were sold at an average price of $27.47, for a total value of $145,591.00. The disclosure for this sale can be found here. Along with these its last twelve month performance is stands at -0.75% while moved -18.33% for the past six months.
TRADEMARK VIOLATION WARNING: This report was originally posted by Week Herald and is the property of of Week Herald. If you are accessing this news story on another publication, it was stolen and reposted in violation of US and global copyright and trademark laws. Juniper Networks's P/E ratio is 15.28 and market cap is 9.69B. Of the analysts who provided ratings, 11 rated the company a Hold, 2 rated it a Strong Sell, 1 rated it a Moderate Buy, and 7 rated it a Strong Buy. Finally, Drexel Hamilton reiterated a "buy" rating and issued a $36.00 price objective on shares of Juniper Networks in a report on Wednesday, August 3rd. UBS AG restated a "neutral" rating and issued a $30.00 target price (up previously from $28.00) on shares of Juniper Networks in a report on Wednesday, July 26th. The scale runs from 1 to 5 with 1 recommending Strong Buy and 5 recommending a Strong Sell. A composite of 13 technical indicators that includes measures such as moving averages and momentum oscillators suggests that JNPR is a sell, which implies that JNPR is expected to underperform the market based on prior trading patterns.