Arrowstreet Capital Limited Partnership Buys 140,489 Shares of Turkcell Iletisim Hizmetleri A.S. (NYSE:TKC)

Arrowstreet Capital Limited Partnership grew its position in shares of Turkcell Iletisim Hizmetleri A.S. (NYSE:TKC - Free Report) by 25.5% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 691,251 shares of the Wireless communications provider's stock after purchasing an additional 140,489 shares during the period. Arrowstreet Capital Limited Partnership owned approximately 0.08% of Turkcell Iletisim Hizmetleri A.S. worth $4,500,000 at the end of the most recent reporting period.

Several other large investors have also recently made changes to their positions in the company. SBI Securities Co. Ltd. bought a new position in Turkcell Iletisim Hizmetleri A.S. during the fourth quarter valued at $29,000. Public Employees Retirement System of Ohio bought a new position in shares of Turkcell Iletisim Hizmetleri A.S. in the 3rd quarter valued at about $35,000. JPMorgan Chase & Co. lifted its holdings in shares of Turkcell Iletisim Hizmetleri A.S. by 70.7% in the 3rd quarter. JPMorgan Chase & Co. now owns 6,411 shares of the Wireless communications provider's stock valued at $44,000 after acquiring an additional 2,656 shares during the last quarter. SVB Wealth LLC purchased a new position in Turkcell Iletisim Hizmetleri A.S. in the fourth quarter worth about $82,000. Finally, Ieq Capital LLC increased its stake in Turkcell Iletisim Hizmetleri A.S. by 36.2% during the fourth quarter. Ieq Capital LLC now owns 14,092 shares of the Wireless communications provider's stock worth $92,000 after acquiring an additional 3,746 shares during the last quarter.

Turkcell Iletisim Hizmetleri A.S. Trading Down 1.2 %

Shares of NYSE:TKC traded down $0.08 during trading on Monday, hitting $6.01. The company had a trading volume of 70,287 shares, compared to its average volume of 570,281. The company has a fifty day simple moving average of $6.81 and a two-hundred day simple moving average of $6.71. Turkcell Iletisim Hizmetleri A.S. has a one year low of $5.45 and a one year high of $8.47. The stock has a market cap of $5.28 billion, a price-to-earnings ratio of 4.09 and a beta of 0.86. The company has a debt-to-equity ratio of 0.41, a current ratio of 1.82 and a quick ratio of 1.81.

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Turkcell Iletisim Hizmetleri A.S. Announces Dividend

The company also recently disclosed a -- dividend, which will be paid on Wednesday, January 7th. Shareholders of record on Monday, December 29th will be given a dividend of $0.0866 per share. This represents a yield of 2.9%. The ex-dividend date is Monday, December 29th. Turkcell Iletisim Hizmetleri A.S.'s dividend payout ratio (DPR) is 10.20%.

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.