Baader Bank Aktiengesellschaft Sells 80,000 Shares of D-Market Elektronik Hizmetler ve Ticaret A.S. (NASDAQ:HEPS)

Baader Bank Aktiengesellschaft lessened its holdings in D-Market Elektronik Hizmetler ve Ticaret A.S. (NASDAQ:HEPS - Free Report) by 53.3% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 70,200 shares of the company's stock after selling 80,000 shares during the quarter. Baader Bank Aktiengesellschaft's holdings in D-Market Elektronik Hizmetler ve Ticaret A.S. were worth $213,000 at the end of the most recent reporting period.

Several other institutional investors also recently modified their holdings of HEPS. State Street Corp lifted its stake in D-Market Elektronik Hizmetler ve Ticaret A.S. by 7.3% in the third quarter. State Street Corp now owns 701,050 shares of the company's stock valued at $1,584,000 after buying an additional 47,639 shares during the period. ABS Direct Equity Fund LLC acquired a new stake in shares of D-Market Elektronik Hizmetler ve Ticaret A.S. in the 4th quarter valued at about $545,000. JPMorgan Chase & Co. increased its position in D-Market Elektronik Hizmetler ve Ticaret A.S. by 809.2% in the 3rd quarter. JPMorgan Chase & Co. now owns 95,780 shares of the company's stock valued at $216,000 after buying an additional 85,245 shares in the last quarter. Jane Street Group LLC raised its stake in D-Market Elektronik Hizmetler ve Ticaret A.S. by 148.7% during the 3rd quarter. Jane Street Group LLC now owns 48,583 shares of the company's stock worth $110,000 after buying an additional 29,046 shares during the period. Finally, Capricorn Fund Managers Ltd bought a new position in D-Market Elektronik Hizmetler ve Ticaret A.S. in the third quarter worth approximately $66,000. Institutional investors own 40.46% of the company's stock.

Wall Street Analysts Forecast Growth

A number of equities analysts have recently weighed in on the company. Hsbc Global Res lowered D-Market Elektronik Hizmetler ve Ticaret A.S. from a "strong-buy" rating to a "hold" rating in a research report on Wednesday, January 22nd. HSBC lowered shares of D-Market Elektronik Hizmetler ve Ticaret A.S. from a "buy" rating to a "hold" rating and set a $3.50 price objective on the stock. in a research note on Wednesday, January 22nd.

D-Market Elektronik Hizmetler ve Ticaret A.S. Stock Up 1.6 %

Shares of NASDAQ:HEPS traded up $0.06 during mid-day trading on Tuesday, hitting $3.43. 230,393 shares of the company traded hands, compared to its average volume of 498,594. The stock has a 50-day moving average price of $3.16 and a two-hundred day moving average price of $2.92. D-Market Elektronik Hizmetler ve Ticaret A.S. has a 12-month low of $1.25 and a 12-month high of $4.05. The stock has a market cap of $963.73 million, a P/E ratio of -22.83 and a beta of 2.43. The company has a current ratio of 1.02, a quick ratio of 0.66 and a debt-to-equity ratio of 0.18.

D-Market Elektronik Hizmetler ve Ticaret A.S. (NASDAQ:HEPS - Get Free Report) last posted its quarterly earnings data on Tuesday, December 10th. The company reported ($0.03) earnings per share (EPS) for the quarter. D-Market Elektronik Hizmetler ve Ticaret A.S. had a negative return on equity of 30.48% and a negative net margin of 3.28%. On average, equities research analysts forecast that D-Market Elektronik Hizmetler ve Ticaret A.S. will post -0.03 earnings per share for the current year.

D-Market Elektronik Hizmetler ve Ticaret A.S. 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.