Price T Rowe Associates Inc. MD Cuts Stock Holdings in D-Market Elektronik Hizmetler ve Ticaret A.S. (NASDAQ:HEPS)

Price T Rowe Associates Inc. MD cut its position in D-Market Elektronik Hizmetler ve Ticaret A.S. (NASDAQ:HEPS - Free Report) by 4.4% during the 4th quarter, according to the company in its most recent disclosure with the SEC. The firm owned 2,157,533 shares of the company's stock after selling 100,200 shares during the period. Price T Rowe Associates Inc. MD owned about 0.77% of D-Market Elektronik Hizmetler ve Ticaret A.S. worth $6,538,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in HEPS. Tekne Capital Management LLC bought a new position in D-Market Elektronik Hizmetler ve Ticaret A.S. during the 4th quarter worth $18,786,000. BIT Capital GmbH raised its stake in shares of D-Market Elektronik Hizmetler ve Ticaret A.S. by 9,161.3% during the fourth quarter. BIT Capital GmbH now owns 1,499,495 shares of the company's stock valued at $4,543,000 after acquiring an additional 1,483,304 shares during the last quarter. Arrowstreet Capital Limited Partnership grew its holdings in D-Market Elektronik Hizmetler ve Ticaret A.S. by 2.4% during the 4th quarter. Arrowstreet Capital Limited Partnership now owns 249,664 shares of the company's stock worth $756,000 after acquiring an additional 5,855 shares during the period. ABS Direct Equity Fund LLC acquired a new stake in D-Market Elektronik Hizmetler ve Ticaret A.S. in the fourth quarter worth $545,000. Finally, Rangeley Capital LLC acquired a new stake in D-Market Elektronik Hizmetler ve Ticaret A.S. in the 4th quarter valued at $303,000. 40.46% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

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

D-Market Elektronik Hizmetler ve Ticaret A.S. Stock Up 3.9 %

Shares of HEPS traded up $0.10 on Friday, reaching $2.67. The stock had a trading volume of 395,290 shares, compared to its average volume of 900,085. D-Market Elektronik Hizmetler ve Ticaret A.S. has a 12-month low of $1.48 and a 12-month high of $4.05. The firm has a market capitalization of $751.29 million, a price-to-earnings ratio of -17.80 and a beta of 2.42. The company has a 50-day simple moving average of $2.84 and a 200-day simple moving average of $3.09. 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 released its quarterly earnings results on Wednesday, April 30th. The company reported ($0.06) earnings per share (EPS) for the quarter. The firm had revenue of $591.47 million during 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%. Sell-side analysts predict that D-Market Elektronik Hizmetler ve Ticaret A.S. will post -0.03 EPS for the current year.

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

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.