Aprio Wealth Management LLC cut its holdings in shares of Turkcell Iletisim Hizmetleri A.S. (NYSE:TKC – Free Report) by 15.4% during the fourth quarter, Holdings Channel.com reports. The institutional investor owned 10,092 shares of the Wireless communications provider’s stock after selling 1,836 shares during the period. Aprio Wealth Management LLC’s holdings in Turkcell Iletisim Hizmetleri A.S. were worth $66,000 as of its most recent SEC filing.
Several other hedge funds and other institutional investors also recently added to or reduced their stakes in TKC. BNP Paribas Financial Markets boosted its holdings in Turkcell Iletisim Hizmetleri A.S. by 31.3% in the third quarter. BNP Paribas Financial Markets now owns 669,247 shares of the Wireless communications provider’s stock valued at $4,604,000 after purchasing an additional 159,572 shares during the period. Connor Clark & Lunn Investment Management Ltd. purchased a new position in shares of Turkcell Iletisim Hizmetleri A.S. in the 3rd quarter valued at about $793,000. Blue Trust Inc. grew its position in shares of Turkcell Iletisim Hizmetleri A.S. by 220.3% during the third quarter. Blue Trust Inc. now owns 71,953 shares of the Wireless communications provider’s stock worth $545,000 after buying an additional 49,486 shares in the last quarter. Quantbot Technologies LP purchased a new stake in shares of Turkcell Iletisim Hizmetleri A.S. during the third quarter worth approximately $278,000. Finally, FMR LLC increased its stake in shares of Turkcell Iletisim Hizmetleri A.S. by 94.8% during the third quarter. FMR LLC now owns 82,372 shares of the Wireless communications provider’s stock worth $567,000 after buying an additional 40,091 shares during the period.
Wall Street Analyst Weigh In
Separately, StockNews.com cut shares of Turkcell Iletisim Hizmetleri A.S. from a “buy” rating to a “hold” rating in a report on Tuesday, November 12th.
Turkcell Iletisim Hizmetleri A.S. Stock Performance
NYSE:TKC opened at $6.76 on Wednesday. Turkcell Iletisim Hizmetleri A.S. has a 12 month low of $4.76 and a 12 month high of $8.47. The company has a debt-to-equity ratio of 0.41, a current ratio of 1.82 and a quick ratio of 1.81. The firm has a market capitalization of $5.95 billion, a PE ratio of 7.60 and a beta of 0.86. The business’s fifty day moving average price is $6.65 and its 200 day moving average price is $6.96.
Turkcell Iletisim Hizmetleri A.S. 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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