Citadel Advisors LLC Has $42,000 Position in D-Market Elektronik Hizmetler ve Ticaret A.S. (NASDAQ:HEPS)

Citadel Advisors LLC reduced its stake in D-Market Elektronik Hizmetler ve Ticaret A.S. (NASDAQ:HEPS - Free Report) by 94.8% during the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 13,725 shares of the company's stock after selling 251,747 shares during the quarter. Citadel Advisors LLC's holdings in D-Market Elektronik Hizmetler ve Ticaret A.S. were worth $42,000 at the end of the most recent quarter.

Other large investors have also made changes to their positions in the company. BNP Paribas Financial Markets purchased a new stake in D-Market Elektronik Hizmetler ve Ticaret A.S. in the fourth quarter valued at approximately $2,735,000. Schonfeld Strategic Advisors LLC purchased a new stake in shares of D-Market Elektronik Hizmetler ve Ticaret A.S. during the 4th quarter valued at about $307,000. NewEdge Advisors LLC lifted its position in shares of D-Market Elektronik Hizmetler ve Ticaret A.S. by 166.5% during the fourth quarter. NewEdge Advisors LLC now owns 43,937 shares of the company's stock worth $133,000 after purchasing an additional 27,448 shares in the last quarter. Jump Financial LLC acquired a new position in D-Market Elektronik Hizmetler ve Ticaret A.S. in the 4th quarter worth $66,000. Finally, Tekne Capital Management LLC purchased a new position in D-Market Elektronik Hizmetler ve Ticaret A.S. in the fourth quarter valued at about $18,786,000. Institutional investors and hedge funds own 40.46% of the company's stock.

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

Shares of NASDAQ HEPS traded up $0.14 during midday trading on Thursday, hitting $2.83. The company's stock had a trading volume of 499,982 shares, compared to its average volume of 886,791. The firm has a market cap of $909.51 million, a P/E ratio of -18.87 and a beta of 2.37. D-Market Elektronik Hizmetler ve Ticaret A.S. has a 1-year low of $1.77 and a 1-year high of $4.05. The firm's fifty day moving average price is $2.69 and its 200-day moving average price is $3.02. The company has a debt-to-equity ratio of 0.18, a quick ratio of 0.66 and a current ratio of 1.02.

D-Market Elektronik Hizmetler ve Ticaret A.S. (NASDAQ:HEPS - Get Free Report) last posted its earnings results on Thursday, May 8th. The company reported ($0.03) earnings per share (EPS) for the quarter. The company had revenue of $0.40 million during 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%. On average, sell-side analysts forecast that D-Market Elektronik Hizmetler ve Ticaret A.S. will post -0.03 EPS for the current fiscal year.

Analysts Set New Price Targets

Separately, Wall Street Zen downgraded shares of D-Market Elektronik Hizmetler ve Ticaret A.S. from a "hold" rating to a "sell" rating in a research note on Saturday, May 24th.

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.