Avior Wealth Management LLC Sells 2,464 Shares of Turkcell Iletisim Hizmetleri A.S. (NYSE:TKC)

Avior Wealth Management LLC lessened its holdings in shares of Turkcell Iletisim Hizmetleri A.S. (NYSE:TKCFree Report) by 23.8% in the fourth quarter, HoldingsChannel.com reports. The fund owned 7,896 shares of the Wireless communications provider’s stock after selling 2,464 shares during the period. Avior Wealth Management LLC’s holdings in Turkcell Iletisim Hizmetleri A.S. were worth $51,000 at the end of the most recent reporting period.

A number of other large investors have also recently modified their holdings of TKC. Public Employees Retirement System of Ohio purchased a new stake in Turkcell Iletisim Hizmetleri A.S. in the third quarter worth approximately $35,000. JPMorgan Chase & Co. boosted its stake 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 worth $44,000 after buying an additional 2,656 shares in the last quarter. Verdence Capital Advisors LLC purchased a new stake in Turkcell Iletisim Hizmetleri A.S. in the third quarter worth approximately $72,000. Hennion & Walsh Asset Management Inc. purchased a new stake in Turkcell Iletisim Hizmetleri A.S. in the third quarter worth approximately $75,000. Finally, Glenmede Trust Co. NA purchased a new stake in Turkcell Iletisim Hizmetleri A.S. in the third quarter worth approximately $79,000.

Turkcell Iletisim Hizmetleri A.S. Stock Performance

NYSE:TKC opened at $7.48 on Thursday. Turkcell Iletisim Hizmetleri A.S. has a fifty-two week low of $4.76 and a fifty-two week 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 business has a 50 day moving average price of $6.76 and a 200-day moving average price of $6.91.

Turkcell Iletisim Hizmetleri A.S. (NYSE:TKCGet Free Report) last announced its earnings results on Thursday, November 7th. The Wireless communications provider reported $0.10 EPS for the quarter. The company had revenue of $1.20 billion during the quarter. Turkcell Iletisim Hizmetleri A.S. had a return on equity of 4.05% and a net margin of 12.82%. Equities analysts forecast that Turkcell Iletisim Hizmetleri A.S. will post 0.26 earnings per share for the current year.

Wall Street Analysts Forecast Growth

Separately, StockNews.com lowered Turkcell Iletisim Hizmetleri A.S. from a “buy” rating to a “hold” rating in a research note on Tuesday, November 12th.

Read Our Latest Stock Report on TKC

About Turkcell Iletisim Hizmetleri A.S.

(Free Report)

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.

See Also

Want to see what other hedge funds are holding TKC? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Turkcell Iletisim Hizmetleri A.S. (NYSE:TKCFree Report).

Institutional Ownership by Quarter for Turkcell Iletisim Hizmetleri A.S. (NYSE:TKC)

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