DISH Network Corporation (DISH) Position Boosted by Scout Investments Inc.

Scout Investments Inc. increased its position in shares of DISH Network Corporation (NASDAQ:DISH) by 3.0% during the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 213,904 shares of the company’s stock after buying an additional 6,239 shares during the period. Scout Investments Inc. owned 45,891.31% of DISH Network Corporation worth $11,600,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds have also recently modified their holdings of DISH. Sun Life Financial INC increased its holdings in DISH Network Corporation by 20,725.0% during the second quarter. Sun Life Financial INC now owns 1,666 shares of the company’s stock worth $105,000 after buying an additional 1,658 shares during the last quarter. Rockefeller Financial Services Inc. bought a new position in DISH Network Corporation during the third quarter worth $140,000. Paradigm Asset Management Co. LLC boosted its position in DISH Network Corporation by 4.2% during the second quarter. Paradigm Asset Management Co. LLC now owns 2,500 shares of the company’s stock worth $157,000 after purchasing an additional 100 shares during the period. Huntington National Bank boosted its position in DISH Network Corporation by 12.1% during the second quarter. Huntington National Bank now owns 2,600 shares of the company’s stock worth $163,000 after purchasing an additional 281 shares during the period. Finally, Global X Management Co. LLC boosted its position in DISH Network Corporation by 123.9% during the second quarter. Global X Management Co. LLC now owns 3,009 shares of the company’s stock worth $189,000 after purchasing an additional 1,665 shares during the period. Institutional investors and hedge funds own 48.95% of the company’s stock.

A number of research firms have commented on DISH. Barclays PLC reduced their price objective on shares of DISH Network Corporation from $74.00 to $71.00 and set an “overweight” rating for the company in a research report on Friday. UBS AG reduced their price objective on shares of DISH Network Corporation from $68.00 to $56.00 and set a “neutral” rating for the company in a research report on Friday. Zacks Investment Research cut shares of DISH Network Corporation from a “hold” rating to a “sell” rating in a research report on Friday. Pivotal Research raised shares of DISH Network Corporation from a “hold” rating to a “buy” rating and reduced their price objective for the stock from $68.00 to $65.00 in a research report on Monday, November 6th. Finally, Moffett Nathanson reaffirmed a “sell” rating on shares of DISH Network Corporation in a research report on Monday, October 16th. Five analysts have rated the stock with a sell rating, nine have given a hold rating and eight have issued a buy rating to the company’s stock. The company currently has an average rating of “Hold” and an average target price of $65.39.

Shares of DISH Network Corporation (NASDAQ DISH) opened at $50.81 on Friday. DISH Network Corporation has a 52-week low of $46.07 and a 52-week high of $66.50. The company has a debt-to-equity ratio of 2.88, a quick ratio of 0.57 and a current ratio of 0.63. The firm has a market cap of $23,445.43, a PE ratio of 18.49, a P/E/G ratio of 2.38 and a beta of 1.08.

DISH Network Corporation (NASDAQ:DISH) last posted its quarterly earnings data on Thursday, November 9th. The company reported $0.57 earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of $0.60 by ($0.03). DISH Network Corporation had a return on equity of 26.68% and a net margin of 7.22%. The firm had revenue of $3.58 billion for the quarter, compared to the consensus estimate of $3.60 billion. During the same period in the prior year, the company earned $0.64 EPS. The company’s revenue for the quarter was down 5.0% compared to the same quarter last year. analysts expect that DISH Network Corporation will post 2.05 EPS for the current fiscal year.

In related news, EVP Jeffrey L. Mcschooler sold 785 shares of the company’s stock in a transaction dated Monday, August 28th. The shares were sold at an average price of $56.61, for a total transaction of $44,438.85. Following the completion of the sale, the executive vice president now owns 165 shares of the company’s stock, valued at $9,340.65. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Insiders have sold 1,110 shares of company stock valued at $62,046 in the last ninety days. 49.30% of the stock is currently owned by company insiders.

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DISH Network Corporation Company Profile

DISH Network Corporation is a holding company. The Company operates through two segments: Pay-TV and Broadband, and Wireless. It offers pay-TV services under the DISH brand and the Sling brand (collectively Pay-TV services). The DISH branded pay-TV service consists of Federal Communications Commission (FCC) licenses authorizing it to use direct broadcast satellite and Fixed Satellite Service spectrum, its owned and leased satellites, receiver systems, third-party broadcast operations, customer service facilities, a leased fiber optic network, in-home service and call center operations, and certain other assets utilized in its operations.

Institutional Ownership by Quarter for DISH Network Corporation (NASDAQ:DISH)

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