DISH Network Corp (NASDAQ:DISH) was the target of unusually large options trading activity on Thursday. Stock investors purchased 20,354 put options on the stock. This represents an increase of approximately 2,031% compared to the typical daily volume of 955 put options.

Several large investors have recently made changes to their positions in the stock. Vanguard Group Inc. raised its position in shares of DISH Network by 2.9% in the 2nd quarter. Vanguard Group Inc. now owns 14,678,892 shares of the company’s stock valued at $921,246,000 after acquiring an additional 409,704 shares during the period. BlackRock Inc. raised its position in shares of DISH Network by 1.9% in the 2nd quarter. BlackRock Inc. now owns 13,685,941 shares of the company’s stock valued at $858,929,000 after acquiring an additional 259,139 shares during the period. FMR LLC raised its position in shares of DISH Network by 22.7% in the 2nd quarter. FMR LLC now owns 4,498,307 shares of the company’s stock valued at $282,314,000 after acquiring an additional 831,768 shares during the period. Paulson & CO. Inc. raised its position in shares of DISH Network by 15.9% in the 2nd quarter. Paulson & CO. Inc. now owns 3,998,800 shares of the company’s stock valued at $250,965,000 after acquiring an additional 548,700 shares during the period. Finally, Gamco Investors INC. ET AL raised its position in shares of DISH Network by 0.9% in the 3rd quarter. Gamco Investors INC. ET AL now owns 2,830,465 shares of the company’s stock valued at $153,496,000 after acquiring an additional 25,695 shares during the period. Institutional investors and hedge funds own 48.54% of the company’s stock.

DISH Network (DISH) opened at $49.48 on Friday. The company has a current ratio of 0.63, a quick ratio of 0.57 and a debt-to-equity ratio of 2.72. DISH Network has a 52-week low of $46.07 and a 52-week high of $66.50. The stock has a market cap of $22,968.08, a PE ratio of 23.34, a price-to-earnings-growth ratio of 2.24 and a beta of 1.09.

DISH Network (NASDAQ:DISH) last released its earnings results on Thursday, November 9th. The company reported $0.57 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.60 by ($0.03). DISH Network had a net margin of 7.22% and a return on equity of 25.97%. The business had revenue of $3.58 billion for the quarter, compared to analyst estimates of $3.60 billion. During the same quarter in the previous year, the company posted $0.64 earnings per share. The business’s revenue for the quarter was down 5.0% on a year-over-year basis. equities research analysts anticipate that DISH Network will post 1.98 earnings per share for the current year.

Several research analysts recently issued reports on DISH shares. Morgan Stanley reiterated a “buy” rating and set a $75.00 price target on shares of DISH Network in a research report on Tuesday, October 17th. Zacks Investment Research upgraded shares of DISH Network from a “sell” rating to a “hold” rating in a research report on Friday, October 20th. Pivotal Research upgraded shares of DISH Network from a “hold” rating to a “buy” rating and reduced their price target for the stock from $68.00 to $65.00 in a research report on Monday, November 6th. Royal Bank of Canada reiterated a “sector perform” rating and set a $54.00 price target (down previously from $56.00) on shares of DISH Network in a research report on Wednesday, November 22nd. Finally, SunTrust Banks restated a “hold” rating and set a $60.00 target price on shares of DISH Network in a research report on Friday, November 10th. Five research analysts have rated the stock with a sell rating, nine have assigned a hold rating and seven have given a buy rating to the stock. The company has an average rating of “Hold” and a consensus target price of $63.92.

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DISH Network Company Profile

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.

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