BNP Paribas Financial Markets Buys New Position in D-Market Elektronik Hizmetler ve Ticaret A.S. (NASDAQ:HEPS)

BNP Paribas Financial Markets acquired a new position in shares of D-Market Elektronik Hizmetler ve Ticaret A.S. (NASDAQ:HEPS - Free Report) in the fourth quarter, according to the company in its most recent filing with the SEC. The firm acquired 902,528 shares of the company's stock, valued at approximately $2,735,000. BNP Paribas Financial Markets owned approximately 0.32% of D-Market Elektronik Hizmetler ve Ticaret A.S. at the end of the most recent quarter.

A number of other large investors also recently made changes to their positions in HEPS. ABS Direct Equity Fund LLC acquired a new position in shares of D-Market Elektronik Hizmetler ve Ticaret A.S. in the 4th quarter valued at approximately $545,000. JPMorgan Chase & Co. lifted its position in shares of D-Market Elektronik Hizmetler ve Ticaret A.S. by 809.2% in the 3rd quarter. JPMorgan Chase & Co. now owns 95,780 shares of the company's stock worth $216,000 after buying an additional 85,245 shares during the last quarter. BIT Capital GmbH boosted its holdings in shares of D-Market Elektronik Hizmetler ve Ticaret A.S. by 9,161.3% in the 4th quarter. BIT Capital GmbH now owns 1,499,495 shares of the company's stock valued at $4,543,000 after buying an additional 1,483,304 shares during the period. Tekne Capital Management LLC acquired a new stake in D-Market Elektronik Hizmetler ve Ticaret A.S. during the fourth quarter worth about $18,786,000. Finally, Schonfeld Strategic Advisors LLC bought a new position in D-Market Elektronik Hizmetler ve Ticaret A.S. in the fourth quarter worth about $307,000. Hedge funds and other institutional investors own 40.46% of the company's stock.

Analysts Set New Price Targets

Several brokerages have weighed in on HEPS. Hsbc Global Res lowered D-Market Elektronik Hizmetler ve Ticaret A.S. from a "strong-buy" rating to a "hold" rating in a research report on Wednesday, January 22nd. HSBC downgraded shares of D-Market Elektronik Hizmetler ve Ticaret A.S. from a "buy" rating to a "hold" rating and set a $3.50 price objective on the stock. in a research report on Wednesday, January 22nd.

D-Market Elektronik Hizmetler ve Ticaret A.S. Price Performance

Shares of NASDAQ:HEPS traded up $0.01 on Monday, reaching $2.69. 123,265 shares of the company traded hands, compared to its average volume of 902,904. The stock has a market capitalization of $864.52 million, a PE ratio of -17.93 and a beta of 2.42. The company has a debt-to-equity ratio of 0.18, a current ratio of 1.02 and a quick ratio of 0.66. The company's 50 day moving average is $2.79 and its 200-day moving average is $3.06. D-Market Elektronik Hizmetler ve Ticaret A.S. has a fifty-two week low of $1.59 and a fifty-two week high of $4.05.

D-Market Elektronik Hizmetler ve Ticaret A.S. (NASDAQ:HEPS - Get Free Report) last issued its earnings results on Thursday, May 8th. The company reported ($0.03) EPS for the quarter. D-Market Elektronik Hizmetler ve Ticaret A.S. had a negative return on equity of 30.48% and a negative net margin of 3.28%. The business had revenue of $0.40 million during the quarter. As a group, analysts anticipate that D-Market Elektronik Hizmetler ve Ticaret A.S. will post -0.03 earnings per share for the current fiscal year.

About D-Market Elektronik Hizmetler ve Ticaret A.S.

D-Market Elektronik Hizmetler ve Ticaret A.S. operates e-commerce platforms in Turkey. The company operates www.hepsiburada.com, a retail website that provides its retail customers a range of merchandise, including electronics and non-electronics products, such as books, sports, toys, kids and baby products, cosmetics, furniture, etc.