Integrated Quantitative Investments LLC Purchases New Position in Turkcell Iletisim Hizmetleri AS $TKC

Integrated Quantitative Investments LLC acquired a new position in Turkcell Iletisim Hizmetleri AS (NYSE:TKC) in the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm acquired 72,057 shares of the Wireless communications provider’s stock, valued at approximately $436,000.

Other institutional investors have also recently made changes to their positions in the company. Yousif Capital Management LLC raised its stake in shares of Turkcell Iletisim Hizmetleri AS by 14.3% during the 2nd quarter. Yousif Capital Management LLC now owns 15,522 shares of the Wireless communications provider’s stock valued at $94,000 after purchasing an additional 1,940 shares during the period. Cerity Partners LLC grew its holdings in Turkcell Iletisim Hizmetleri AS by 47.6% during the 1st quarter. Cerity Partners LLC now owns 198,885 shares of the Wireless communications provider’s stock valued at $1,237,000 after buying an additional 64,109 shares in the last quarter. HB Wealth Management LLC bought a new stake in shares of Turkcell Iletisim Hizmetleri AS during the second quarter valued at about $67,000. Vanguard Personalized Indexing Management LLC lifted its holdings in shares of Turkcell Iletisim Hizmetleri AS by 1.5% in the second quarter. Vanguard Personalized Indexing Management LLC now owns 129,670 shares of the Wireless communications provider’s stock worth $785,000 after buying an additional 1,947 shares in the last quarter. Finally, Connor Clark & Lunn Investment Management Ltd. bought a new position in shares of Turkcell Iletisim Hizmetleri AS in the first quarter valued at approximately $346,000.

Turkcell Iletisim Hizmetleri AS Trading Down 1.7%

Shares of Turkcell Iletisim Hizmetleri AS stock opened at $5.57 on Monday. The company has a debt-to-equity ratio of 0.52, a current ratio of 1.69 and a quick ratio of 1.69. Turkcell Iletisim Hizmetleri AS has a 1 year low of $5.35 and a 1 year high of $7.63. The firm has a market cap of $4.90 billion, a PE ratio of 15.04 and a beta of 0.97. The company has a 50 day simple moving average of $5.87 and a two-hundred day simple moving average of $5.93.

Turkcell Iletisim Hizmetleri AS (NYSE:TKC) last issued its quarterly earnings results on Thursday, November 6th. The Wireless communications provider reported $0.15 EPS for the quarter. Turkcell Iletisim Hizmetleri AS had a net margin of 13.15% and a return on equity of 7.00%. The firm had revenue of $1.46 billion for the quarter. Analysts expect that Turkcell Iletisim Hizmetleri AS will post 0.26 earnings per share for the current fiscal year.

Analysts Set New Price Targets

A number of research firms recently weighed in on TKC. Wall Street Zen lowered shares of Turkcell Iletisim Hizmetleri AS from a “buy” rating to a “hold” rating in a report on Sunday. Weiss Ratings reaffirmed a “hold (c+)” rating on shares of Turkcell Iletisim Hizmetleri AS in a report on Thursday, October 30th. One analyst has rated the stock with a Hold rating, Based on data from MarketBeat.com, Turkcell Iletisim Hizmetleri AS currently has a consensus rating of “Hold”.

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.