Great West Life Assurance Co. Can Raises Holdings in DISH Network Corp (DISH)

Great West Life Assurance Co. Can raised its stake in shares of DISH Network Corp (NASDAQ:DISH) by 1.4% in the third quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 174,484 shares of the company’s stock after buying an additional 2,445 shares during the period. Great West Life Assurance Co. Can’s holdings in DISH Network were worth $9,250,000 as of its most recent SEC filing.

Several other large investors also recently modified their holdings of DISH. Sun Life Financial INC raised its holdings in shares of DISH Network by 20,725.0% during the 2nd quarter. Sun Life Financial INC now owns 1,666 shares of the company’s stock valued at $105,000 after purchasing an additional 1,658 shares in the last quarter. Rockefeller Financial Services Inc. bought a new position in shares of DISH Network during the 3rd quarter valued at $140,000. Quantbot Technologies LP bought a new position in shares of DISH Network during the 3rd quarter valued at $154,000. Paradigm Asset Management Co. LLC raised its holdings in shares of DISH Network by 4.2% during the 2nd quarter. Paradigm Asset Management Co. LLC now owns 2,500 shares of the company’s stock valued at $157,000 after purchasing an additional 100 shares in the last quarter. Finally, Global X Management Co. LLC raised its holdings in shares of DISH Network by 123.9% during the 2nd quarter. Global X Management Co. LLC now owns 3,009 shares of the company’s stock valued at $189,000 after purchasing an additional 1,665 shares in the last quarter. 48.58% of the stock is owned by institutional investors.

Shares of DISH Network Corp (DISH) opened at $52.03 on Wednesday. The company has a quick ratio of 0.57, a current ratio of 0.63 and a debt-to-equity ratio of 2.72. The stock has a market cap of $24,060.00, a price-to-earnings ratio of 18.50, a price-to-earnings-growth ratio of 2.46 and a beta of 1.09. DISH Network Corp has a 12-month low of $46.07 and a 12-month high of $66.50.

DISH Network (NASDAQ:DISH) last posted its quarterly earnings results on Thursday, November 9th. The company reported $0.57 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.60 by ($0.03). The company had revenue of $3.58 billion during the quarter, compared to analyst estimates of $3.60 billion. DISH Network had a return on equity of 25.97% and a net margin of 7.22%. The business’s revenue for the quarter was down 5.0% on a year-over-year basis. During the same quarter in the prior year, the business earned $0.64 earnings per share. sell-side analysts predict that DISH Network Corp will post 1.98 earnings per share for the current fiscal year.

DISH has been the topic of a number of recent research reports. Jefferies Group restated a “buy” rating and set a $80.00 price target on shares of DISH Network in a report on Monday, September 25th. Morgan Stanley restated a “buy” rating and set a $75.00 price target on shares of DISH Network in a report on Tuesday, October 17th. Deutsche Bank reiterated a “buy” rating and issued a $99.00 target price on shares of DISH Network in a report on Thursday, October 5th. Pivotal Research upgraded shares of DISH Network from a “hold” rating to a “buy” rating and dropped their target price for the stock from $68.00 to $65.00 in a report on Monday, November 6th. Finally, Zacks Investment Research upgraded shares of DISH Network from a “sell” rating to a “hold” rating in a report on Friday, October 27th. Five analysts have rated the stock with a sell rating, nine have assigned a hold rating and seven have assigned a buy rating to the company’s stock. The company has a consensus rating of “Hold” and a consensus target price of $63.92.

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DISH Network 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 (NASDAQ:DISH)

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