Turkcell Iletisim Hizmetleri AS (NYSE:TKC) Upgraded at Wall Street Zen

Turkcell Iletisim Hizmetleri AS (NYSE:TKC - Get Free Report) was upgraded by equities research analysts at Wall Street Zen from a "buy" rating to a "strong-buy" rating in a research note issued to investors on Friday.

Turkcell Iletisim Hizmetleri AS Stock Performance

Turkcell Iletisim Hizmetleri AS stock traded down $0.04 during mid-day trading on Friday, reaching $5.67. 2,067,007 shares of the stock traded hands, compared to its average volume of 697,327. The stock has a market capitalization of $4.99 billion, a PE ratio of 3.86 and a beta of 0.90. The company has a debt-to-equity ratio of 0.45, a current ratio of 1.73 and a quick ratio of 1.72. Turkcell Iletisim Hizmetleri AS has a 12-month low of $5.54 and a 12-month high of $8.47. The business's 50-day moving average is $6.08 and its 200-day moving average is $6.55.

Turkcell Iletisim Hizmetleri AS (NYSE:TKC - Get Free Report) last posted its quarterly earnings data on Friday, May 9th. The Wireless communications provider reported $0.09 EPS for the quarter. The company had revenue of $1.19 billion during the quarter. Turkcell Iletisim Hizmetleri AS had a return on equity of 6.56% and a net margin of 13.52%. As a group, sell-side analysts predict that Turkcell Iletisim Hizmetleri AS will post 0.26 EPS for the current fiscal year.

Institutional Trading of Turkcell Iletisim Hizmetleri AS

Hedge funds and other institutional investors have recently bought and sold shares of the stock. Dimensional Fund Advisors LP increased its position in Turkcell Iletisim Hizmetleri AS by 12.8% in the fourth quarter. Dimensional Fund Advisors LP now owns 33,150 shares of the Wireless communications provider's stock worth $216,000 after buying an additional 3,767 shares in the last quarter. Two Sigma Investments LP purchased a new stake in Turkcell Iletisim Hizmetleri AS in the fourth quarter worth about $304,000. GAMMA Investing LLC increased its position in Turkcell Iletisim Hizmetleri AS by 545.6% in the first quarter. GAMMA Investing LLC now owns 93,306 shares of the Wireless communications provider's stock worth $580,000 after buying an additional 78,853 shares in the last quarter. QRG Capital Management Inc. increased its position in Turkcell Iletisim Hizmetleri AS by 24.7% in the fourth 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. Finally, Northern Trust Corp increased its position in Turkcell Iletisim Hizmetleri AS by 389.1% in the fourth quarter. Northern Trust Corp now owns 298,845 shares of the Wireless communications provider's stock worth $1,945,000 after buying an additional 237,739 shares in the last quarter.

Turkcell Iletisim Hizmetleri AS Company 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.

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