Franklin Resources Cut By $159.77 Million Its American Intl Group (AIG) Holding; Dish Network (DISH)’s Sentiment Is 1.1

January 19, 2018 - By Dolores Ford

DISH Network Corporation, together with its subsidiaries, provides pay-TV services in the United States. The company has market cap of $21.21 billion. It operates through two divisions, DISH and Wireless. It has a 22.1 P/E ratio. The firm provides video services under the DISH brand.

Franklin Resources Inc decreased American Intl Group Inc (AIG) stake by 10.94% reported in 2017Q3 SEC filing. Franklin Resources Inc sold 2.62 million shares as American Intl Group Inc (AIG)’s stock declined 2.08%. The Franklin Resources Inc holds 21.33 million shares with $1.31B value, down from 23.94M last quarter. American Intl Group Inc now has $55.30 billion valuation. The stock decreased 0.02% or $0.01 during the last trading session, reaching $61.52. About 3.59 million shares traded. American International Group, Inc. (NYSE:AIG) has risen 8.59% since January 19, 2017 and is uptrending. It has underperformed by 8.11% the S&P500.

Analysts await DISH Network Corporation (NASDAQ:DISH) to report earnings on February, 28. They expect $0.55 earnings per share, down 21.43% or $0.15 from last year’s $0.7 per share. DISH’s profit will be $256.51 million for 20.67 P/E if the $0.55 EPS becomes a reality. After $0.57 actual earnings per share reported by DISH Network Corporation for the previous quarter, Wall Street now forecasts -3.51% negative EPS growth.

The stock increased 0.71% or $0.32 during the last trading session, reaching $45.48. About 1.19 million shares traded. DISH Network Corporation (DISH) has risen 43.12% since January 19, 2017 and is uptrending. It has outperformed by 26.42% the S&P500.

Altalis Capital Management Llc holds 8.15% of its portfolio in DISH Network Corporation for 229,059 shares. Tricadia Capital Management Llc owns 295,000 shares or 6.92% of their US portfolio. Moreover, Tourbillon Capital Partners L.P. has 4.94% invested in the company for 3.76 million shares. The New York-based Eagle Capital Management Llc has invested 2.97% in the stock. Old West Investment Management Llc, a California-based fund reported 101,719 shares.

Ratings analysis reveals 50% of DISH Network’s analysts are positive. Out of 4 Wall Street analysts rating DISH Network, 2 give it “Buy”, 1 “Sell” rating, while 1 recommend “Hold”. The lowest target is $48.0 while the high is $86.0. The stock’s average target of $65.33 is 43.65% above today’s ($45.48) share price. DISH was included in 4 notes of analysts from November 10, 2016. FBR Capital maintained DISH Network Corporation (NASDAQ:DISH) on Friday, November 11 with “Underperform” rating. The stock has “Equal Weight” rating by Barclays Capital on Thursday, February 23. The firm has “Overweight” rating by Morgan Stanley given on Monday, January 23. Pivotal Research maintained the stock with “Buy” rating in Thursday, November 10 report.

Since January 1, 0001, it had 0 buys, and 4 sales for $67,480 activity.

Franklin Resources Inc increased Dxc Technology Co stake by 217,089 shares to 6.93 million valued at $595.06 million in 2017Q3. It also upped Intuit (NASDAQ:INTU) stake by 13,368 shares and now owns 1.40 million shares. Bwx Technologies Inc was raised too.

Investors sentiment increased to 0.79 in Q3 2017. Its up 0.15, from 0.64 in 2017Q2. It improved, as 72 investors sold AIG shares while 293 reduced holdings. 78 funds opened positions while 211 raised stakes. 748.00 million shares or 0.80% more from 742.03 million shares in 2017Q2 were reported. Morgan Stanley reported 0.11% of its portfolio in American International Group, Inc. (NYSE:AIG). Brown Advisory owns 105,770 shares for 0.02% of their portfolio. 223,599 are held by Hartford Invest Mngmt. Kensico Capital Management, a Connecticut-based fund reported 6.65M shares. Choate Invest Advsrs accumulated 0.01% or 3,267 shares. Lee Danner And Bass has invested 0.12% in American International Group, Inc. (NYSE:AIG). Adirondack Tru, New York-based fund reported 470 shares. Ohio-based Huntington Bank & Trust has invested 0.03% in American International Group, Inc. (NYSE:AIG). Asset Management One Limited owns 1.49M shares. Pennsylvania Tru has invested 0.21% in American International Group, Inc. (NYSE:AIG). Sumitomo Life Insur has invested 0.24% in American International Group, Inc. (NYSE:AIG). Kj Harrison & owns 16,600 shares. Old Mutual Customised Solutions (Proprietary) Ltd holds 0.41% of its portfolio in American International Group, Inc. (NYSE:AIG) for 48,600 shares. Tdam Usa Incorporated stated it has 197,298 shares or 0.71% of all its holdings. Point72 Asia (Hong Kong) holds 0.37% in American International Group, Inc. (NYSE:AIG) or 8,477 shares.

Analysts await American International Group, Inc. (NYSE:AIG) to report earnings on February, 8 after the close. They expect $1.00 EPS, up 19.05% or $0.16 from last year’s $0.84 per share. AIG’s profit will be $898.96 million for 15.38 P/E if the $1.00 EPS becomes a reality. After $-1.22 actual EPS reported by American International Group, Inc. for the previous quarter, Wall Street now forecasts -181.97% EPS growth.

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