DISH Network Corp (NASDAQ:DISH) rose 5.3% on Tuesday . The stock traded as high as $35.10 and last traded at $35.00. Approximately 3,577,146 shares were traded during trading, an increase of 28% from the average daily volume of 2,804,653 shares. The stock had previously closed at $33.24.

DISH has been the topic of several analyst reports. BidaskClub raised DISH Network from a “hold” rating to a “buy” rating in a research note on Saturday, March 9th. ValuEngine raised DISH Network from a “strong sell” rating to a “sell” rating in a research note on Friday, April 26th. Zacks Investment Research cut DISH Network from a “hold” rating to a “sell” rating in a research note on Monday, February 11th. HSBC cut DISH Network from a “hold” rating to a “reduce” rating in a research note on Friday, January 25th. Finally, Pivotal Research reissued a “buy” rating and set a $37.00 price objective on shares of DISH Network in a research note on Wednesday, February 13th. Four analysts have rated the stock with a sell rating, nine have assigned a hold rating and five have assigned a buy rating to the company’s stock. The stock has an average rating of “Hold” and an average target price of $37.71.

The company has a market cap of $16.58 billion, a P/E ratio of 11.67 and a beta of 1.61. The company has a quick ratio of 0.66, a current ratio of 0.72 and a debt-to-equity ratio of 1.60.

DISH Network (NASDAQ:DISH) last released its earnings results on Friday, May 3rd. The company reported $0.65 EPS for the quarter, meeting analysts’ consensus estimates of $0.65. The firm had revenue of $3.19 billion for the quarter, compared to analysts’ expectations of $3.19 billion. DISH Network had a return on equity of 18.42% and a net margin of 11.59%. The company’s quarterly revenue was down 7.8% on a year-over-year basis. During the same quarter in the prior year, the firm posted $0.70 earnings per share. As a group, equities analysts predict that DISH Network Corp will post 2.44 earnings per share for the current fiscal year.

Several institutional investors and hedge funds have recently added to or reduced their stakes in DISH. Federated Investors Inc. PA grew its stake in shares of DISH Network by 62.3% during the third quarter. Federated Investors Inc. PA now owns 218,799 shares of the company’s stock valued at $7,825,000 after buying an additional 83,951 shares during the last quarter. Vanguard Group Inc boosted its holdings in shares of DISH Network by 1.4% in the third quarter. Vanguard Group Inc now owns 18,882,286 shares of the company’s stock valued at $675,230,000 after purchasing an additional 268,390 shares during the period. State of Alaska Department of Revenue boosted its holdings in shares of DISH Network by 4.0% in the fourth quarter. State of Alaska Department of Revenue now owns 46,146 shares of the company’s stock valued at $1,151,000 after purchasing an additional 1,767 shares during the period. Virtu Financial LLC boosted its holdings in shares of DISH Network by 63.0% in the fourth quarter. Virtu Financial LLC now owns 20,989 shares of the company’s stock valued at $524,000 after purchasing an additional 8,111 shares during the period. Finally, Nisa Investment Advisors LLC boosted its holdings in shares of DISH Network by 45.1% in the fourth quarter. Nisa Investment Advisors LLC now owns 55,185 shares of the company’s stock valued at $1,378,000 after purchasing an additional 17,145 shares during the period. 48.64% of the stock is currently owned by hedge funds and other institutional investors.

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About DISH Network (NASDAQ:DISH)

DISH Network Corporation, together with its subsidiaries, provides pay-TV services in the United States. The company operates in two segments, Pay-TV and Wireless. It offers video services under the DISH TV brand; and programming packages that include programming through national broadcast networks, local broadcast networks, and national and regional cable networks, as well as regional and specialty sports channels, premium movie channels, and Latino and international programming packages.

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