Cubist Systematic Strategies LLC bought a new position in shares of Turkcell Iletisim Hizmetleri AS (NYSE:TKC - Free Report) in the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm bought 79,336 shares of the Wireless communications provider's stock, valued at approximately $493,000.
Several other large investors have also bought and sold shares of the stock. Vident Advisory LLC raised its position in Turkcell Iletisim Hizmetleri AS by 39.0% during the 1st quarter. Vident Advisory LLC now owns 328,346 shares of the Wireless communications provider's stock worth $2,042,000 after purchasing an additional 92,141 shares during the last quarter. American Century Companies Inc. raised its position in Turkcell Iletisim Hizmetleri AS by 6.7% during the 1st quarter. American Century Companies Inc. now owns 843,330 shares of the Wireless communications provider's stock worth $5,246,000 after purchasing an additional 53,094 shares during the last quarter. Ethic Inc. raised its position in Turkcell Iletisim Hizmetleri AS by 4.8% during the 1st quarter. Ethic Inc. now owns 77,081 shares of the Wireless communications provider's stock worth $483,000 after purchasing an additional 3,527 shares during the last quarter. Atlas Capital Advisors Inc. raised its position in Turkcell Iletisim Hizmetleri AS by 9.0% during the 1st quarter. Atlas Capital Advisors Inc. now owns 47,690 shares of the Wireless communications provider's stock worth $297,000 after purchasing an additional 3,948 shares during the last quarter. Finally, Connor Clark & Lunn Investment Management Ltd. bought a new position in Turkcell Iletisim Hizmetleri AS during the 1st quarter worth $346,000.
Turkcell Iletisim Hizmetleri AS Trading Up 3.2%
Turkcell Iletisim Hizmetleri AS stock traded up $0.18 during trading hours on Tuesday, reaching $5.88. 2,708,488 shares of the company's stock were exchanged, compared to its average volume of 1,826,109. The company has a quick ratio of 1.69, a current ratio of 1.69 and a debt-to-equity ratio of 0.52. The firm's 50 day simple moving average is $5.79 and its 200 day simple moving average is $6.08. Turkcell Iletisim Hizmetleri AS has a twelve month low of $5.35 and a twelve month high of $7.63. The firm has a market capitalization of $5.17 billion, a PE ratio of 4.00 and a beta of 0.99.
Turkcell Iletisim Hizmetleri AS (NYSE:TKC - Get Free Report) last issued its quarterly earnings results on Wednesday, August 13th. The Wireless communications provider reported $0.13 earnings per share for the quarter. Turkcell Iletisim Hizmetleri AS had a return on equity of 7.00% and a net margin of 13.15%.The firm had revenue of $1.37 billion during the quarter. Research analysts predict that Turkcell Iletisim Hizmetleri AS will post 0.26 earnings per share for the current year.
Wall Street Analysts Forecast Growth
Separately, Wall Street Zen lowered Turkcell Iletisim Hizmetleri AS from a "strong-buy" rating to a "buy" rating in a research report on Friday, July 18th.
Read Our Latest Analysis on Turkcell Iletisim Hizmetleri AS
Turkcell Iletisim Hizmetleri AS Profile
(
Free Report)
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.
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