DISH Network Co. (NASDAQ:DISH) Shares Sold by Oregon Public Employees Retirement Fund

Oregon Public Employees Retirement Fund reduced its position in shares of DISH Network Co. (NASDAQ:DISH – Get Rating) by 1.5% during the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 113,885 shares of the company’s stock after selling 1,768 shares during the period. Oregon Public Employees Retirement Fund’s holdings in DISH Network were worth $1,575,000 as of its most recent SEC filing.

A number of other institutional investors have also made changes to their positions in DISH. Covestor Ltd raised its holdings in DISH Network by 268.9% in the first quarter. Covestor Ltd now owns 889 shares of the company’s stock valued at $28,000 after acquiring an additional 648 shares in the last quarter. Wipfli Financial Advisors LLC acquired a new stake in DISH Network in the third quarter valued at $33,000. Whittier Trust Co. raised its holdings in DISH Network by 580.7% in the third quarter. Whittier Trust Co. now owns 2,471 shares of the company’s stock valued at $34,000 after acquiring an additional 2,108 shares in the last quarter. Allworth Financial LP raised its holdings in DISH Network by 6,900.0% in the third quarter. Allworth Financial LP now owns 2,730 shares of the company’s stock valued at $38,000 after acquiring an additional 2,691 shares in the last quarter. Finally, Trust Co. of Vermont acquired a new stake in DISH Network in the second quarter valued at $43,000. 96.51% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

Several research firms recently issued reports on DISH. Morgan Stanley cut their price target on shares of DISH Network from $24.00 to $18.00 and set an “equal weight” rating on the stock in a report on Monday, December 12th. Raymond James lowered their target price on shares of DISH Network from $36.00 to $28.00 and set a “strong-buy” rating for the company in a research note on Thursday, November 3rd. Barclays lowered their target price on shares of DISH Network from $19.00 to $16.00 and set an “underweight” rating for the company in a research note on Thursday, November 3rd. StockNews.com began coverage on shares of DISH Network in a research note on Wednesday, October 12th. They set a “sell” rating for the company. Finally, The Goldman Sachs Group began coverage on shares of DISH Network in a research note on Tuesday, January 10th. They set a “neutral” rating and a $14.00 target price for the company. Two investment analysts have rated the stock with a sell rating, four have given a hold rating, seven have assigned a buy rating and one has issued a strong buy rating to the company’s stock. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $33.80.

DISH Network Stock Up 5.2 %

DISH Network stock opened at $13.90 on Friday. The company has a 50-day simple moving average of $14.88 and a 200-day simple moving average of $16.02. The firm has a market capitalization of $7.38 billion, a P/E ratio of 4.60 and a beta of 1.81. The company has a debt-to-equity ratio of 1.05, a quick ratio of 0.40 and a current ratio of 0.50. DISH Network Co. has a one year low of $12.55 and a one year high of $33.74.

DISH Network (NASDAQ:DISH – Get Rating) last announced its earnings results on Wednesday, November 2nd. The company reported $0.65 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.55 by $0.10. The firm had revenue of $4.10 billion during the quarter, compared to analyst estimates of $4.15 billion. DISH Network had a net margin of 11.24% and a return on equity of 11.81%. As a group, equities analysts expect that DISH Network Co. will post 2.63 earnings per share for the current year.

About DISH Network

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DISH Network Corp. is a holding company, which engages in the provision of pay-tv services. It operates through Pay-TV and Wireless segments. The Pay-TV segment operates under the DISH brand and Sling brand. The Wireless segment refers to the wireless spectrum licenses and related assets. The company was founded by Charles W.