D-MARKET Electronic Services & Trading Unsponsored ADR $HEPS Stake Boosted by UBS Group AG

UBS Group AG increased its position in shares of D-MARKET Electronic Services & Trading Unsponsored ADR (NASDAQ:HEPS) by 29.0% during the 4th quarter, HoldingsChannel.com reports. The firm owned 892,087 shares of the company’s stock after purchasing an additional 200,404 shares during the period. UBS Group AG’s holdings in D-MARKET Electronic Services & Trading were worth $2,212,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other large investors have also recently added to or reduced their stakes in HEPS. Rhumbline Advisers lifted its stake in D-MARKET Electronic Services & Trading by 26.8% during the first quarter. Rhumbline Advisers now owns 19,296 shares of the company’s stock worth $55,000 after purchasing an additional 4,081 shares during the last quarter. Wealth Enhancement Advisory Services LLC bought a new position in D-MARKET Electronic Services & Trading during the third quarter worth $164,000. Schonfeld Strategic Advisors LLC lifted its stake in D-MARKET Electronic Services & Trading by 111.5% during the third quarter. Schonfeld Strategic Advisors LLC now owns 69,000 shares of the company’s stock worth $186,000 after purchasing an additional 36,378 shares during the last quarter. Aberdeen Group plc bought a new position in D-MARKET Electronic Services & Trading during the fourth quarter worth $191,000. Finally, Geode Capital Management LLC lifted its stake in D-MARKET Electronic Services & Trading by 62.5% during the second quarter. Geode Capital Management LLC now owns 107,916 shares of the company’s stock worth $291,000 after purchasing an additional 41,525 shares during the last quarter. 40.46% of the stock is currently owned by institutional investors.

D-MARKET Electronic Services & Trading Price Performance

Shares of NASDAQ HEPS opened at $2.76 on Thursday. D-MARKET Electronic Services & Trading Unsponsored ADR has a 1-year low of $2.15 and a 1-year high of $3.33. The company has a debt-to-equity ratio of 0.50, a current ratio of 0.82 and a quick ratio of 0.54. The business’s fifty day moving average price is $2.73 and its two-hundred day moving average price is $2.64. The firm has a market capitalization of $985.94 million, a PE ratio of -6.00 and a beta of 2.12.

D-MARKET Electronic Services & Trading (NASDAQ:HEPS) last issued its earnings results on Thursday, May 7th. The company reported ($0.06) earnings per share for the quarter. D-MARKET Electronic Services & Trading had a negative return on equity of 338.17% and a negative net margin of 6.95%.The company had revenue of $508.30 million during the quarter.

Wall Street Analyst Weigh In

Separately, Wall Street Zen raised D-MARKET Electronic Services & Trading from a “sell” rating to a “hold” rating in a research report on Saturday, February 28th. Two investment analysts have rated the stock with a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, D-MARKET Electronic Services & Trading presently has an average rating of “Reduce” and an average price target of $3.07.

D-MARKET Electronic Services & Trading Company Profile

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. It also offers Hepsiburada Market, an app-in-app initiative and on-demand delivery service that delivers groceries and water; HepsiJet that provides last-mile delivery services; HepsiLojistik, which offers storage and fulfillment services; HepsiMat, an offline network of pick-up and drop-off point; HepsiAd that provides advertising service; HepsiGlobal for discovering and purchasing products from international merchants online; Hepsipay, which offers an e-money and payment services; and Hepsiburada Seyahat for buying airline tickets online.