Commonwealth of Pennsylvania Public School Empls Retrmt SYS raised its position in DISH Network Corp (NASDAQ:DISH) by 9.6% in the 3rd quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 18,516 shares of the company’s stock after purchasing an additional 1,616 shares during the period. Commonwealth of Pennsylvania Public School Empls Retrmt SYS’s holdings in DISH Network were worth $1,004,000 as of its most recent filing with the SEC.

A number of other large investors have also recently modified their holdings of the business. Vanguard Group Inc. boosted its holdings in shares of DISH Network by 2.9% in the second quarter. Vanguard Group Inc. now owns 14,678,892 shares of the company’s stock valued at $921,246,000 after buying an additional 409,704 shares during the period. BlackRock Inc. boosted its holdings in shares of DISH Network by 1.9% in the second quarter. BlackRock Inc. now owns 13,685,941 shares of the company’s stock valued at $858,929,000 after buying an additional 259,139 shares during the period. FMR LLC boosted its holdings in shares of DISH Network by 22.7% in the second quarter. FMR LLC now owns 4,498,307 shares of the company’s stock valued at $282,314,000 after buying an additional 831,768 shares during the period. Paulson & CO. Inc. boosted its holdings in shares of DISH Network by 15.9% in the second quarter. Paulson & CO. Inc. now owns 3,998,800 shares of the company’s stock valued at $250,965,000 after buying an additional 548,700 shares during the period. Finally, Gamco Investors INC. ET AL boosted its holdings in shares of DISH Network by 0.9% in the third quarter. Gamco Investors INC. ET AL now owns 2,830,465 shares of the company’s stock valued at $153,496,000 after buying an additional 25,695 shares during the period. 48.58% of the stock is owned by hedge funds and other institutional investors.

Several research analysts have recently weighed in on DISH shares. Wells Fargo & Company reiterated an “outperform” rating and issued a $88.50 price target on shares of DISH Network in a report on Thursday, August 31st. Morgan Stanley reiterated a “buy” rating and issued a $75.00 price target on shares of DISH Network in a report on Tuesday, October 17th. Zacks Investment Research upgraded shares of DISH Network from a “sell” rating to a “hold” rating in a report on Friday, October 20th. Pivotal Research upgraded shares of DISH Network from a “hold” rating to a “buy” rating and reduced their price target for the company from $68.00 to $65.00 in a report on Monday, November 6th. Finally, Royal Bank Of Canada reiterated a “sector perform” rating and issued a $54.00 price target (down previously from $56.00) on shares of DISH Network in a report on Wednesday, November 22nd. Five analysts have rated the stock with a sell rating, nine have assigned a hold rating and seven have issued a buy rating to the company’s stock. DISH Network currently has a consensus rating of “Hold” and an average price target of $63.92.

DISH Network Corp (NASDAQ DISH) opened at $52.03 on Wednesday. DISH Network Corp has a 1-year low of $46.07 and a 1-year high of $66.50. The company has a market cap of $24,060.00, a price-to-earnings ratio of 18.50, a P/E/G ratio of 2.46 and a beta of 1.09. The company has a current ratio of 0.63, a quick ratio of 0.57 and a debt-to-equity ratio of 2.72.

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

COPYRIGHT VIOLATION NOTICE: “DISH Network Corp (DISH) Holdings Raised by Commonwealth of Pennsylvania Public School Empls Retrmt SYS” was first reported by Daily Political and is owned by of Daily Political. If you are accessing this story on another domain, it was illegally stolen and reposted in violation of US and international trademark and copyright laws. The legal version of this story can be read at https://www.dailypolitical.com/2017/12/06/dish-network-corp-dish-holdings-raised-by-commonwealth-of-pennsylvania-public-school-empls-retrmt-sys.html.

DISH Network 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 (NASDAQ:DISH)

Receive News & Ratings for DISH Network Corp Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for DISH Network Corp and related companies with MarketBeat.com's FREE daily email newsletter.