Gabelli Funds LLC Increased Its Dish Network Corporation (DISH) Stake by $4.03 Million

April 17, 2018 - By Richard Doty

DISH Network Corporation (NASDAQ:DISH) Corporate LogoBig Money Sentiment increased to 1.23 in Q4 2017. It has change of 0.13, from 2017Q3’s 1.1. The ratio improved due to DISH positioning: 39 sold and 117 reduced. 59 funds took holdings and 133 increased holdings. Investors holded 220.79 million in 2017Q3 but now own 217.69 million shares or 1.40% less. 53,482 are held by Aqr Cap Mgmt Ltd Limited Liability Company. Amundi Pioneer Asset Mgmt holds 0.01% or 168,908 shs in its capital. Hsbc Public Ltd Liability Corporation has invested 0.03% in DISH Network Corporation (NASDAQ:DISH). Ameriprise owns 2.45 million shs. The Massachusetts-based Adage Capital Prtnrs Gp Llc has invested 0.09% in DISH Network Corporation (NASDAQ:DISH). Millennium Mngmt Ltd Limited Liability Company holds 0.14% or 2.05 million shs. Fifth Third Comml Bank invested in 0% or 92 shs. Northern Corp invested in 2.59 million shs. Aperio Gp Ltd invested in 0.01% or 60,191 shs. Sg Americas Securities Limited Liability Company accumulated 42,397 shs. Davenport Ltd Limited Liability Company accumulated 1.10 million shs or 0.63% of the stock. Loring Wolcott Coolidge Fiduciary Advsr Llp Ma owns 0% invested in DISH Network Corporation (NASDAQ:DISH) for 16 shs. Veritable LP stated it has 4,691 shs. Liberty Mutual Group Inc Asset Mngmt owns 9,074 shs for 0.01% of their capital. Dnb Asset Mngmt As stated it has 25,553 shs.

DISH registered $284,520 net activity with 0 insider purchases and 5 insider sales since January 5, 2018. The insider McSchooler Jeffrey L sold 739 shs worth $27,831. 125 shs were sold by ORBAN PAUL W, worth $4,708 on Monday, April 2.

Gabelli Funds Llc upped its stake by 4.74% in Dish Network Corporation (DISH), according to 2017Q4 SEC form. 85,800 shares were bought by Gabelli Funds Llc as the company’s stock declined 23.24% with the market. The institutional investor is holding 1.90 million shares, compared to the 1.81M from the previous quarter. And the reported value of the television services company is $90.59 million for the 2017Q4. Dish Network Corporation has $18.19B MC. Its shares touched $38.97 on during the last trading session after 1.14% change.DISH Network Corporation has volume of 1.22M shares. Since April 17, 2017 DISH has declined 40.08% and is downtrending. The stock underperformed the S&P500 by 51.63%.

According to a filing the Gabelli Funds Llc’s stake in Bank Of New York Mellon Corp (NYSE:BK) was reduced by 132,000 shares to 3.09 million shares valued at $166.56 million in 2017Q4. It operates about $25.90B and $17.36 billion US Long portfolio. Gabelli Funds Llc has cut its stake in Johnson & Johnson (NYSE:JNJ) and also reduced its holding in Rollins Inc (NYSE:ROL) by 318,500 shares in the quarter, for a total of 2.77 million shares.

DISH Network Corporation (NASDAQ:DISH) Ratings Coverage

Total analysts of 11 have positions in Dish Network (NASDAQ:DISH) as follows: 5 rated it a “Buy”, 0 with “Sell” and 6 with “Hold”. The positive are 45%. The firm has $110.0 highest while $44.0 is the lowest [Target]. The average target $62.11 is 59.38% above the last ($38.97) price. Since October 30, 2017 according to StockzIntelligence Inc Dish Network has 16 analyst reports. In Thursday, February 22 report Guggenheim maintained the stock with “Hold” rating. On Monday, March 26 Cowen & Co maintained DISH Network Corporation (NASDAQ:DISH) with “Buy” rating. The stock rating was maintained by UBS with “Neutral” on Friday, November 10. On Thursday, November 9 the company was maintained by SunTrust. In Wednesday, November 22 report RBC Capital Markets maintained it with “Hold” rating and $54.0 target. On Monday, February 26 the rating was maintained by RBC Capital Markets with “Hold”. On Wednesday, February 28 the firm has “Hold” rating by SunTrust given. The company rating was upgraded by Moffett Nathanson on Friday, March 23. The stock rating was maintained by Barclays Capital with “Overweight” on Monday, April 16. On Monday, November 6 the stock of DISH Network Corporation (NASDAQ:DISH) has “Buy” rating given by Pivotal Research.

DISH Network Corporation (NASDAQ:DISH) Institutional Investors Chart

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