Dish Network Corporation (DISH) Holder Gabelli Funds LLC Has Lifted Its Position by $4.03 Million as Stock Declined

April 19, 2018 - By Rusty Cady

DISH Network Corporation (NASDAQ:DISH) LogoInvestors sentiment increased to 1.23 in 2017 Q4. Its up 0.13, from 1.1 in 2017Q3. It increased, as 39 investors sold DISH shares while 117 reduced holdings. 59 funds opened positions while 133 raised stakes. 217.69 million shares or 1.40% less from 220.79 million shares in 2017Q3 were reported. The Ontario – Canada-based Bancshares Of Montreal Can has invested 0.01% in DISH Network Corporation (NASDAQ:DISH). State Of Wisconsin Investment Board reported 0.03% in DISH Network Corporation (NASDAQ:DISH). Mason Street Advsr Limited Com has 0.04% invested in DISH Network Corporation (NASDAQ:DISH). Korea Inv accumulated 439,003 shares or 0.1% of the stock. Bp Public Ltd Co has 0.05% invested in DISH Network Corporation (NASDAQ:DISH). Eagle Mngmt Lc holds 2.75% or 15.49M shares in its portfolio. Geode Capital Mngmt Limited Com stated it has 0.04% of its portfolio in DISH Network Corporation (NASDAQ:DISH). New Jersey Better Educational Savings Tru reported 0.39% stake. Credit Suisse Ag has 0.02% invested in DISH Network Corporation (NASDAQ:DISH). Moreover, Altalis Cap Management Limited Company has 9.77% invested in DISH Network Corporation (NASDAQ:DISH). Fifth Third National Bank holds 0% or 92 shares. Susquehanna Group Llp holds 0% of its portfolio in DISH Network Corporation (NASDAQ:DISH) for 54,418 shares. Sirios Cap Mgmt Limited Partnership owns 934,589 shares. Point72 Asset LP holds 0.04% of its portfolio in DISH Network Corporation (NASDAQ:DISH) for 209,200 shares. 1.28M were reported by Thrivent Financial For Lutherans.

Since January 5, 2018, it had 0 insider purchases, and 5 selling transactions for $284,520 activity. Khemka Vivek sold $12,368 worth of stock or 326 shares. On Monday, April 2 the insider ORBAN PAUL W sold $4,708.

Gabelli Funds Llc increased its stake in Dish Network Corporation (DISH) by 4.74% based on its latest 2017Q4 regulatory filing with the SEC. Gabelli Funds Llc bought 85,800 shares as the company’s stock declined 23.24% with the market. The institutional investor held 1.90M shares of the television services company at the end of 2017Q4, valued at $90.59M, up from 1.81 million at the end of the previous reported quarter. Gabelli Funds Llc who had been investing in Dish Network Corporation for a number of months, seems to be bullish on the $18.25B market cap company. The stock increased 1.09% or $0.42 during the last trading session, reaching $39.11. About 1.02M shares traded. DISH Network Corporation (NASDAQ:DISH) has declined 40.08% since April 19, 2017 and is downtrending. It has underperformed by 51.63% the S&P500.

Gabelli Funds Llc, which manages about $25.90 billion and $17.36B US Long portfolio, decreased its stake in Alphabet Class A by 5,621 shares to 29,989 shares, valued at $31.59M in 2017Q4, according to the filing. It also reduced its holding in Valero Energy Corp Com (NYSE:VLO) by 77,000 shares in the quarter, leaving it with 80,000 shares, and cut its stake in Intl Flavors & Fragrances (NYSE:IFF).

DISH Network Corporation (NASDAQ:DISH) Ratings Coverage

Among 11 analysts covering Dish Network (NASDAQ:DISH), 5 have Buy rating, 0 Sell and 6 Hold. Therefore 45% are positive. Dish Network has $110.0 highest and $44.0 lowest target. $62.11’s average target is 58.81% above currents $39.11 stock price. Dish Network had 16 analyst reports since October 30, 2017 according to SRatingsIntel. The stock of DISH Network Corporation (NASDAQ:DISH) earned “Hold” rating by SunTrust on Thursday, November 9. The firm has “Equal-Weight” rating by Morgan Stanley given on Wednesday, January 17. On Friday, November 10 the stock rating was maintained by Barclays Capital with “Overweight”. The rating was maintained by Cowen & Co on Monday, March 26 with “Buy”. On Thursday, February 22 the stock rating was maintained by Guggenheim with “Hold”. Pivotal Research upgraded the stock to “Buy” rating in Monday, November 6 report. The firm has “Buy” rating by Jefferies given on Monday, October 30. RBC Capital Markets maintained it with “Hold” rating and $50.0 target in Monday, February 26 report. The firm has “Hold” rating by SunTrust given on Wednesday, February 28. The company was maintained on Wednesday, November 22 by RBC Capital Markets.

DISH Network Corporation (NASDAQ:DISH) Institutional Positions Chart

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