Cerity Partners LLC Purchases 48,016 Shares of Turkcell Iletisim Hizmetleri A.S. (NYSE:TKC)

Cerity Partners LLC grew its position in Turkcell Iletisim Hizmetleri A.S. (NYSE:TKC - Free Report) by 55.3% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 134,776 shares of the Wireless communications provider's stock after purchasing an additional 48,016 shares during the quarter. Cerity Partners LLC's holdings in Turkcell Iletisim Hizmetleri A.S. were worth $884,000 as of its most recent SEC filing.

A number of other institutional investors have also recently bought and sold shares of the business. Public Employees Retirement System of Ohio bought a new stake in Turkcell Iletisim Hizmetleri A.S. during the 3rd quarter worth about $35,000. JPMorgan Chase & Co. lifted its position in Turkcell Iletisim Hizmetleri A.S. by 70.7% in the 3rd quarter. JPMorgan Chase & Co. now owns 6,411 shares of the Wireless communications provider's stock valued at $44,000 after acquiring an additional 2,656 shares in the last quarter. Ballentine Partners LLC lifted its position in Turkcell Iletisim Hizmetleri A.S. by 19.2% in the 4th quarter. Ballentine Partners LLC now owns 75,144 shares of the Wireless communications provider's stock valued at $489,000 after acquiring an additional 12,088 shares in the last quarter. Blue Trust Inc. increased its stake in Turkcell Iletisim Hizmetleri A.S. by 69.7% in the 4th quarter. Blue Trust Inc. now owns 122,119 shares of the Wireless communications provider's stock valued at $840,000 after buying an additional 50,166 shares during the last quarter. Finally, BTC Capital Management Inc. increased its stake in Turkcell Iletisim Hizmetleri A.S. by 2.7% in the 4th quarter. BTC Capital Management Inc. now owns 201,373 shares of the Wireless communications provider's stock valued at $1,308,000 after buying an additional 5,383 shares during the last quarter.

Turkcell Iletisim Hizmetleri A.S. Stock Performance

Shares of Turkcell Iletisim Hizmetleri A.S. stock traded up $0.06 during trading on Thursday, hitting $6.21. 268,835 shares of the stock were exchanged, compared to its average volume of 588,104. The stock has a market capitalization of $5.46 billion, a price-to-earnings ratio of 4.22 and a beta of 0.86. The company has a current ratio of 1.82, a quick ratio of 1.81 and a debt-to-equity ratio of 0.41. The company has a fifty day moving average price of $6.60 and a 200-day moving average price of $6.68. Turkcell Iletisim Hizmetleri A.S. has a 1-year low of $5.74 and a 1-year high of $8.47.

Turkcell Iletisim Hizmetleri A.S. Announces Dividend

The firm also recently disclosed a -- dividend, which will be paid on Wednesday, January 7th. Stockholders of record on Monday, December 29th will be issued a dividend of $0.0866 per share. This represents a dividend yield of 2.9%. The ex-dividend date of this dividend is Monday, December 29th. Turkcell Iletisim Hizmetleri A.S.'s dividend payout ratio is currently 11.56%.

Turkcell Iletisim Hizmetleri A.S. Company Profile

Turkcell Iletisim Hizmetleri A.S. provides digital services in Turkey, Ukraine, Belarus, Turkish Republic of Northern Cyprus, and the Netherlands. It operates through Turkcell Turkey, Turkcell International, and Techfin segments. It offers work contact services, such as mobile communications, fixed business internet and business phone, and customer loyalty and programs; digital business services comprising uninterrupted access, cyber security, data center, Internet of Things, big data, e-transformation, technologies, and managed services, and cloud solutions.