Renaissance Technologies LLC Cuts Position in D-Market Elektronik Hizmetler ve Ticaret A.S. (NASDAQ:HEPS)

Renaissance Technologies LLC reduced its holdings in D-Market Elektronik Hizmetler ve Ticaret A.S. (NASDAQ:HEPS - Free Report) by 45.4% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 607,700 shares of the company's stock after selling 506,100 shares during the quarter. Renaissance Technologies LLC owned about 0.22% of D-Market Elektronik Hizmetler ve Ticaret A.S. worth $1,841,000 at the end of the most recent quarter.

Other institutional investors have also recently modified their holdings of the company. GAMMA Investing LLC grew its holdings in D-Market Elektronik Hizmetler ve Ticaret A.S. by 18.0% in the fourth quarter. GAMMA Investing LLC now owns 27,250 shares of the company's stock valued at $83,000 after purchasing an additional 4,152 shares during the last quarter. Jane Street Group LLC raised its position in D-Market Elektronik Hizmetler ve Ticaret A.S. by 148.7% during the third quarter. Jane Street Group LLC now owns 48,583 shares of the company's stock worth $110,000 after acquiring an additional 29,046 shares during the last quarter. JPMorgan Chase & Co. lifted its holdings in shares of D-Market Elektronik Hizmetler ve Ticaret A.S. by 809.2% in the third quarter. JPMorgan Chase & Co. now owns 95,780 shares of the company's stock valued at $216,000 after purchasing an additional 85,245 shares in the last quarter. Rangeley Capital LLC acquired a new stake in shares of D-Market Elektronik Hizmetler ve Ticaret A.S. in the fourth quarter valued at approximately $303,000. Finally, ABS Direct Equity Fund LLC purchased a new position in shares of D-Market Elektronik Hizmetler ve Ticaret A.S. during the 4th quarter worth approximately $545,000. 40.46% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

Several equities analysts have weighed in on the company. HSBC downgraded D-Market Elektronik Hizmetler ve Ticaret A.S. from a "buy" rating to a "hold" rating and set a $3.50 price target for the company. in a research report on Wednesday, January 22nd. Hsbc Global Res cut shares of D-Market Elektronik Hizmetler ve Ticaret A.S. from a "strong-buy" rating to a "hold" rating in a research note on Wednesday, January 22nd.

D-Market Elektronik Hizmetler ve Ticaret A.S. Trading Down 3.3 %

HEPS traded down $0.09 during trading on Friday, hitting $2.49. The company's stock had a trading volume of 230,439 shares, compared to its average volume of 895,677. D-Market Elektronik Hizmetler ve Ticaret A.S. has a twelve month low of $1.42 and a twelve month high of $4.05. The stock has a market cap of $699.24 million, a PE ratio of -16.57 and a beta of 2.41. The firm's 50 day moving average price is $2.92 and its 200-day moving average price is $3.10. The company has a debt-to-equity ratio of 0.18, a current ratio of 1.02 and a quick ratio of 0.66.

D-Market Elektronik Hizmetler ve Ticaret A.S. (NASDAQ:HEPS - Get Free Report) last released its earnings results on Wednesday, April 30th. The company reported ($0.06) EPS for the quarter. D-Market Elektronik Hizmetler ve Ticaret A.S. had a negative net margin of 3.28% and a negative return on equity of 30.48%. The business had revenue of $591.47 million during the quarter. On average, analysts expect that D-Market Elektronik Hizmetler ve Ticaret A.S. will post -0.03 earnings per share for the current year.

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

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.