Deutsche Bank AG reiterated their buy rating on shares of DISH Network Corporation (NASDAQ:DISH) in a research note released on Thursday. Deutsche Bank AG currently has a $99.00 price target on the stock.

DISH has been the topic of several other reports. Citigroup Inc. upgraded shares of DISH Network Corporation from a sell rating to a neutral rating and set a $54.00 target price on the stock in a report on Friday, September 15th. Wells Fargo & Company reiterated an outperform rating and set a $88.50 target price on shares of DISH Network Corporation in a report on Thursday, August 31st. BidaskClub cut shares of DISH Network Corporation from a hold rating to a sell rating in a report on Monday, July 31st. TheStreet cut shares of DISH Network Corporation from a b rating to a c+ rating in a report on Thursday, August 3rd. Finally, Macquarie reiterated a hold rating and set a $60.00 target price (down from $68.00) on shares of DISH Network Corporation in a report on Monday, October 2nd. Four investment analysts have rated the stock with a sell rating, nine have assigned a hold rating and eight have assigned a buy rating to the company’s stock. The company presently has a consensus rating of Hold and a consensus target price of $68.18.

DISH Network Corporation (NASDAQ:DISH) opened at 53.33 on Thursday. The stock has a market capitalization of $24.86 billion, a PE ratio of 24.80 and a beta of 0.99. DISH Network Corporation has a 12 month low of $52.09 and a 12 month high of $66.50. The company’s 50-day moving average is $55.03 and its 200-day moving average is $60.92.

DISH Network Corporation (NASDAQ:DISH) last issued its earnings results on Wednesday, August 2nd. The company reported $0.09 earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of $0.76 by ($0.67). DISH Network Corporation had a return on equity of 27.88% and a net margin of 7.21%. The business had revenue of $3.64 billion for the quarter, compared to the consensus estimate of $3.71 billion. During the same quarter in the previous year, the company earned $0.88 earnings per share. The firm’s revenue was down 5.7% on a year-over-year basis. Equities research analysts forecast that DISH Network Corporation will post $2.21 EPS for the current year.

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In related news, EVP Jeffrey L. Mcschooler sold 785 shares of the stock in a transaction that occurred on Monday, August 28th. The shares were sold at an average price of $56.61, for a total value of $44,438.85. Following the completion of the transaction, the executive vice president now directly owns 165 shares of the company’s stock, valued at approximately $9,340.65. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CEO Roger Lynch sold 25,000 shares of the stock in a transaction that occurred on Monday, August 7th. The shares were sold at an average price of $59.73, for a total transaction of $1,493,250.00. The disclosure for this sale can be found here. Insiders sold a total of 25,884 shares of company stock valued at $1,543,036 over the last ninety days. 49.30% of the stock is currently owned by insiders.

Several institutional investors have recently made changes to their positions in the stock. Honkamp Krueger Financial Services Inc. raised its position in DISH Network Corporation by 0.4% during the 2nd quarter. Honkamp Krueger Financial Services Inc. now owns 12,835 shares of the company’s stock worth $806,000 after buying an additional 48 shares during the last quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS raised its position in DISH Network Corporation by 0.4% during the 2nd quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS now owns 16,900 shares of the company’s stock worth $1,061,000 after buying an additional 68 shares during the last quarter. Private Capital Advisors Inc. raised its position in DISH Network Corporation by 0.7% during the 2nd quarter. Private Capital Advisors Inc. now owns 10,772 shares of the company’s stock worth $676,000 after buying an additional 72 shares during the last quarter. TRUE Private Wealth Advisors raised its position in DISH Network Corporation by 0.9% during the 2nd quarter. TRUE Private Wealth Advisors now owns 7,899 shares of the company’s stock worth $495,000 after buying an additional 74 shares during the last quarter. Finally, Paradigm Asset Management Co. LLC raised its position in DISH Network Corporation by 4.2% during the 2nd quarter. Paradigm Asset Management Co. LLC now owns 2,500 shares of the company’s stock worth $157,000 after buying an additional 100 shares during the last quarter. 48.93% of the stock is owned by hedge funds and other institutional investors.

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.

Analyst Recommendations for DISH Network Corporation (NASDAQ:DISH)

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