Two Sigma Advisers LP Sells 132,100 Shares of D-Market Elektronik Hizmetler ve Ticaret A.S. (NASDAQ:HEPS)

Two Sigma Advisers LP reduced its position in shares of D-Market Elektronik Hizmetler ve Ticaret A.S. (NASDAQ:HEPS - Free Report) by 53.6% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 114,500 shares of the company's stock after selling 132,100 shares during the period. Two Sigma Advisers LP's holdings in D-Market Elektronik Hizmetler ve Ticaret A.S. were worth $347,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently modified their holdings of the company. Jump Financial LLC acquired a new position in D-Market Elektronik Hizmetler ve Ticaret A.S. during the fourth quarter valued at approximately $66,000. NewEdge Advisors LLC lifted its position in shares of D-Market Elektronik Hizmetler ve Ticaret A.S. by 166.5% in the fourth quarter. NewEdge Advisors LLC now owns 43,937 shares of the company's stock valued at $133,000 after buying an additional 27,448 shares during the last quarter. Cubist Systematic Strategies LLC lifted its holdings in D-Market Elektronik Hizmetler ve Ticaret A.S. by 208.2% during the 4th quarter. Cubist Systematic Strategies LLC now owns 79,112 shares of the company's stock worth $240,000 after purchasing an additional 53,441 shares during the last quarter. Rangeley Capital LLC acquired a new stake in D-Market Elektronik Hizmetler ve Ticaret A.S. during the 4th quarter worth approximately $303,000. Finally, Schonfeld Strategic Advisors LLC acquired a new stake in D-Market Elektronik Hizmetler ve Ticaret A.S. during the 4th quarter worth approximately $307,000. 40.46% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

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

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

Shares of HEPS traded up $0.03 during midday trading on Friday, hitting $2.66. The company's stock had a trading volume of 233,571 shares, compared to its average volume of 888,547. The stock has a market capitalization of $854.88 million, a price-to-earnings ratio of -17.73 and a beta of 2.37. D-Market Elektronik Hizmetler ve Ticaret A.S. has a one year low of $1.77 and a one year high of $4.05. The company's fifty day simple moving average is $2.69 and its two-hundred day simple moving average is $3.02. The company has a quick ratio of 0.66, a current ratio of 1.02 and a debt-to-equity ratio of 0.18.

D-Market Elektronik Hizmetler ve Ticaret A.S. (NASDAQ:HEPS - Get Free Report) last announced its earnings results on Thursday, May 8th. The company reported ($0.03) EPS for the quarter. The company had revenue of $0.40 million 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%. As a group, equities analysts expect that D-Market Elektronik Hizmetler ve Ticaret A.S. will post -0.03 earnings per share for the current fiscal 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.