Guggenheim Capital LLC Sells 33,254 Shares of Turkcell Iletisim Hizmetleri A.S. (NYSE:TKC)

Guggenheim Capital LLC lessened its holdings in shares of Turkcell Iletisim Hizmetleri A.S. (NYSE:TKC) by 15.7% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 178,058 shares of the Wireless communications provider’s stock after selling 33,254 shares during the quarter. Guggenheim Capital LLC’s holdings in Turkcell Iletisim Hizmetleri A.S. were worth $1,159,000 at the end of the most recent quarter.

A number of other large investors have also recently modified their holdings of TKC. SBI Securities Co. Ltd. bought a new stake in Turkcell Iletisim Hizmetleri A.S. during the fourth quarter valued at approximately $29,000. JPMorgan Chase & Co. lifted its holdings in shares of Turkcell Iletisim Hizmetleri A.S. by 70.7% during the 3rd quarter. JPMorgan Chase & Co. now owns 6,411 shares of the Wireless communications provider’s stock worth $44,000 after acquiring an additional 2,656 shares during the last quarter. Franklin Resources Inc. purchased a new position in Turkcell Iletisim Hizmetleri A.S. in the fourth quarter worth $70,000. SVB Wealth LLC bought a new position in Turkcell Iletisim Hizmetleri A.S. in the fourth quarter valued at $82,000. Finally, XTX Topco Ltd purchased a new stake in Turkcell Iletisim Hizmetleri A.S. during the fourth quarter valued at about $91,000.

Turkcell Iletisim Hizmetleri A.S. Price Performance

TKC opened at $6.12 on Wednesday. The stock has a market capitalization of $5.38 billion, a P/E ratio of 4.16 and a beta of 0.86. The company has a current ratio of 1.82, a quick ratio of 1.81 and a debt-to-equity ratio of 0.41. Turkcell Iletisim Hizmetleri A.S. has a 12-month low of $5.74 and a 12-month high of $8.47. The stock has a 50-day moving average price of $6.62 and a 200-day moving average price of $6.68.

Turkcell Iletisim Hizmetleri A.S. Dividend Announcement

The firm also recently declared a — dividend, which will be paid on Wednesday, January 7th. Shareholders of record on Monday, December 29th will be paid a dividend of $0.0866 per share. This represents a dividend yield of 2.9%. The ex-dividend date is Monday, December 29th. Turkcell Iletisim Hizmetleri A.S.’s dividend payout ratio (DPR) is presently 11.56%.

About Turkcell Iletisim Hizmetleri A.S.

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.