Fiera Capital Corp bought a new stake in DISH Network Corporation (NASDAQ:DISH) during the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm bought 20,000 shares of the company’s stock, valued at approximately $1,255,000.

Other institutional investors and hedge funds have also added to or reduced their stakes in the company. Honkamp Krueger Financial Services Inc. grew its holdings in shares of 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 purchasing an additional 48 shares in the last quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS grew its holdings in shares of 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 purchasing an additional 68 shares in the last quarter. Private Capital Advisors Inc. grew its holdings in shares of 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 purchasing an additional 72 shares in the last quarter. TRUE Private Wealth Advisors grew its holdings in shares of 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 purchasing an additional 74 shares in the last quarter. Finally, Paradigm Asset Management Co. LLC grew its holdings in shares of 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 purchasing an additional 100 shares in the last quarter. 48.93% of the stock is currently owned by hedge funds and other institutional investors.

DISH has been the topic of several recent research reports. BidaskClub raised DISH Network Corporation from a “hold” rating to a “buy” rating in a report on Wednesday, July 12th. TheStreet lowered DISH Network Corporation from a “b” rating to a “c+” rating in a report on Thursday, August 3rd. Macquarie reissued a “hold” rating and set a $68.00 price objective on shares of DISH Network Corporation in a report on Thursday, August 3rd. Telsey Advisory Group decreased their price objective on DISH Network Corporation from $62.00 to $56.00 and set a “market perform” rating on the stock in a report on Friday, August 4th. Finally, Guggenheim reissued a “neutral” rating and set a $62.00 price objective (down previously from $68.00) on shares of DISH Network Corporation in a report on Thursday, August 24th. Three equities research analysts have rated the stock with a sell rating, ten have issued a hold rating and eight have issued a buy rating to the stock. The company has a consensus rating of “Hold” and a consensus price target of $69.97.

COPYRIGHT VIOLATION WARNING: This piece was originally posted by The Cerbat Gem and is the sole property of of The Cerbat Gem. If you are reading this piece on another website, it was illegally copied and reposted in violation of US & international copyright laws. The legal version of this piece can be read at https://www.thecerbatgem.com/2017/09/19/20000-shares-in-dish-network-corporation-dish-purchased-by-fiera-capital-corp.html.

In other news, EVP Jeffrey L. Mcschooler sold 785 shares of the stock in a transaction on Monday, August 28th. The stock was 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 in the company, valued at approximately $9,340.65. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, CEO Roger Lynch sold 25,000 shares of the stock in a transaction on Monday, August 7th. The shares were sold at an average price of $59.73, for a total value of $1,493,250.00. The disclosure for this sale can be found here. In the last ninety days, insiders sold 25,885 shares of company stock worth $1,544,018. Company insiders own 49.30% of the company’s stock.

DISH Network Corporation (NASDAQ:DISH) opened at 52.85 on Tuesday. The company has a market cap of $24.63 billion, a P/E ratio of 24.58 and a beta of 0.98. The firm has a 50-day moving average price of $57.71 and a 200 day moving average price of $61.84. DISH Network Corporation has a 12 month low of $52.14 and a 12 month high of $66.50.

DISH Network Corporation (NASDAQ:DISH) last issued its earnings results on Wednesday, August 2nd. The company reported $0.09 earnings per share for the quarter, missing the Zacks’ consensus estimate of $0.76 by ($0.67). The business had revenue of $3.64 billion during the quarter, compared to analyst estimates of $3.71 billion. DISH Network Corporation had a net margin of 7.21% and a return on equity of 27.88%. The company’s revenue for the quarter was down 5.7% compared to the same quarter last year. During the same period in the prior year, the business posted $0.88 EPS. On average, equities analysts expect that DISH Network Corporation will post $2.23 earnings per share for the current year.

About DISH Network Corporation

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)

Receive News & Stock Ratings for DISH Network Corporation Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for DISH Network Corporation and related stocks with our FREE daily email newsletter.