Turkcell Iletisim Hizmetleri A.S. (NYSE:TKC) Shares Acquired by First Trust Advisors LP

First Trust Advisors LP grew its stake in shares of Turkcell Iletisim Hizmetleri A.S. (NYSE:TKC - Free Report) by 137.1% in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 156,577 shares of the Wireless communications provider's stock after buying an additional 90,541 shares during the period. First Trust Advisors LP's holdings in Turkcell Iletisim Hizmetleri A.S. were worth $1,019,000 as of its most recent SEC filing.

Other institutional investors also recently made changes to their positions in the company. SBI Securities Co. Ltd. purchased a new stake in shares of Turkcell Iletisim Hizmetleri A.S. during the 4th quarter valued at $29,000. JPMorgan Chase & Co. grew its stake in shares of Turkcell Iletisim Hizmetleri A.S. by 70.7% during the 3rd quarter. JPMorgan Chase & Co. now owns 6,411 shares of the Wireless communications provider's stock valued at $44,000 after buying an additional 2,656 shares during the period. GeoWealth Management LLC boosted its position in Turkcell Iletisim Hizmetleri A.S. by 167.9% during the 4th quarter. GeoWealth Management LLC now owns 9,600 shares of the Wireless communications provider's stock worth $62,000 after purchasing an additional 6,017 shares during the period. Franklin Resources Inc. purchased a new stake in Turkcell Iletisim Hizmetleri A.S. during the 4th quarter worth $70,000. Finally, SVB Wealth LLC purchased a new stake in Turkcell Iletisim Hizmetleri A.S. during the 4th quarter worth $82,000.

Turkcell Iletisim Hizmetleri A.S. Stock Down 0.6%

Turkcell Iletisim Hizmetleri A.S. stock traded down $0.04 during trading on Tuesday, reaching $6.28. 339,974 shares of the company's stock were exchanged, compared to its average volume of 639,826. The company's 50-day moving average is $6.28 and its two-hundred day moving average is $6.65. The company has a debt-to-equity ratio of 0.41, a quick ratio of 1.81 and a current ratio of 1.82. Turkcell Iletisim Hizmetleri A.S. has a 52-week low of $5.66 and a 52-week high of $8.47. The firm has a market cap of $5.53 billion, a price-to-earnings ratio of 4.27 and a beta of 0.91.

Turkcell Iletisim Hizmetleri A.S. (NYSE:TKC - Get Free Report) last issued its quarterly earnings data on Friday, May 9th. The Wireless communications provider reported $0.09 EPS for the quarter. Turkcell Iletisim Hizmetleri A.S. had a net margin of 12.82% and a return on equity of 4.05%. The firm had revenue of $1.19 billion for the quarter. On average, analysts predict that Turkcell Iletisim Hizmetleri A.S. will post 0.26 earnings per share for the current year.

Turkcell Iletisim Hizmetleri A.S. Announces Dividend

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

About Turkcell Iletisim Hizmetleri A.S.

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.