DISH Network (DISH) Q2 Earnings & Revenues Miss Estimates

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DISH Network (DISH) Q2 Earnings & Revenues Miss Estimates

Analysts' mean recommendation for DISH Network Corporation (DISH) stands at 2.70.

Other hedge funds and other institutional investors also recently modified their holdings of the company. Meadow Creek Investment Management LLC bought a new position in DISH Network Corporation during the first quarter valued at $141,000. Huntington National Bank now owns 2,319 shares of the company's stock valued at $147,000 after buying an additional 19 shares during the period. Bank of Montreal Can raised its stake in DISH Network Corporation by 7.9% in the first quarter. Vanguard Group Inc. now owns 14,269,188 shares of the company's stock valued at $905,951,000 after buying an additional 4,158,136 shares during the last quarter. Private Capital Advisors Inc. raised its stake in shares of DISH Network Corporation by 4.9% in the first quarter. For the past 5 days of trading, the stock has seen a move of 0.85%. Candriam Luxembourg S.C.A. increased its stake in DISH Network Corporation by 20.7% in the first quarter. The company's institutional ownership is monitored at 90.9 percent.

DISH Network Corporation (NASDAQ:DISH) has risen 10.48% since January and is down -0.42% for the past week. The stock has a market cap of $29.71 billion, a PE ratio of 21.54 and a beta of 0.96.

FT reports, The 18 analysts offering 12 month price targets for Fiserv Inc have a median target of 127.00, with a high estimate of 146.25 and a low estimate of 101.00.

DISH Network Corporation (NASDAQ:DISH) last issued its quarterly earnings data on Monday, May 1st. The company reported $0.76 earnings per share for the quarter, beating the consensus estimate of $0.67 by $0.09.

The bloodletting for Dish Network continues: America's No. 2 satellite operator reported a net decline of 196,000 pay-television subscribers in the second quarter of 2017, and missed Wall Street expectations for both revenue and profit. DISH Network Corporation had a net margin of 9.59% and a return on equity of 32.65%. For the past 5 years, the company's revenue has grown 2.9%, while the company's earnings per share has grown -2.2%.

Affecting the company in the latest quarter, the Douglas County satellite TV provider was slammed with a $280 million fine by an IL judge for making illegal robocalls. Geode Capital Management LLC increased its stake in shares of DISH Network Corporation by 44.8% in the first quarter.

COPYRIGHT VIOLATION NOTICE: This story was first published by Sports Perspectives and is owned by of Sports Perspectives. If you are viewing this report on another website, it was stolen and reposted in violation of US and global copyright law. The correct version of this news story can be viewed at https://stocknewstimes.com/2017/08/02/doyle-wealth-management-raises-stake-in-dish-network-corporation-dish-updated.html. Hilliard Lyons lowered DISH Network Corporation from a "buy" rating to a "neutral" rating in a research note on Monday, May 1st. Deutsche Bank AG reduced their price target on shares of DISH Network Corporation from $103.00 to $102.00 and set a "buy" rating on the stock in a research report on Wednesday, April 19th. DISH Network Corporation has a consensus rating of "Hold" and a consensus target price of $70.97. The forecast of 6 surveyed investment analysts covering the stock advises investors to Buy stake in the company.

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