Turkcell Iletisim Hizmetleri A.S. (NYSE:TKC) Shares Bought by Marshall Wace LLP

Marshall Wace LLP lifted its holdings in shares of Turkcell Iletisim Hizmetleri A.S. (NYSE:TKC - Free Report) by 136.2% during the 4th quarter, according to its most recent disclosure with the SEC. The institutional investor owned 515,974 shares of the Wireless communications provider's stock after purchasing an additional 297,554 shares during the quarter. Marshall Wace LLP owned about 0.06% of Turkcell Iletisim Hizmetleri A.S. worth $3,359,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors have also made changes to their positions in the company. QRG Capital Management Inc. lifted its holdings in Turkcell Iletisim Hizmetleri A.S. by 24.7% during the 4th quarter. QRG Capital Management Inc. now owns 25,062 shares of the Wireless communications provider's stock worth $163,000 after buying an additional 4,967 shares in the last quarter. Cerity Partners LLC raised its stake in shares of Turkcell Iletisim Hizmetleri A.S. by 55.3% in the fourth quarter. Cerity Partners LLC now owns 134,776 shares of the Wireless communications provider's stock valued at $884,000 after acquiring an additional 48,016 shares in the last quarter. US Bancorp DE boosted its holdings in Turkcell Iletisim Hizmetleri A.S. by 6.8% in the fourth quarter. US Bancorp DE now owns 36,111 shares of the Wireless communications provider's stock valued at $235,000 after purchasing an additional 2,297 shares during the period. JPMorgan Chase & Co. boosted its holdings in Turkcell Iletisim Hizmetleri A.S. by 70.7% in the third quarter. JPMorgan Chase & Co. now owns 6,411 shares of the Wireless communications provider's stock valued at $44,000 after purchasing an additional 2,656 shares during the period. Finally, Arrowstreet Capital Limited Partnership grew its stake in Turkcell Iletisim Hizmetleri A.S. by 25.5% during the 4th quarter. Arrowstreet Capital Limited Partnership now owns 691,251 shares of the Wireless communications provider's stock worth $4,500,000 after purchasing an additional 140,489 shares in the last quarter.

Turkcell Iletisim Hizmetleri A.S. Stock Down 1.1 %

TKC stock traded down $0.07 during mid-day trading on Thursday, reaching $5.85. The company had a trading volume of 210,113 shares, compared to its average volume of 595,359. The firm has a fifty day simple moving average of $6.48 and a 200 day simple moving average of $6.67. The company has a debt-to-equity ratio of 0.41, a quick ratio of 1.81 and a current ratio of 1.82. The company has a market capitalization of $5.14 billion, a price-to-earnings ratio of 3.98 and a beta of 0.86. Turkcell Iletisim Hizmetleri A.S. has a fifty-two week low of $5.60 and a fifty-two week high of $8.47.

Turkcell Iletisim Hizmetleri A.S. Dividend Announcement

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

Turkcell Iletisim Hizmetleri A.S. Profile

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.