Hosking Partners LLP Has $11.89 Million Stock Position in D-Market Elektronik Hizmetler ve Ticaret A.S. (NASDAQ:HEPS)

Hosking Partners LLP decreased its position in D-Market Elektronik Hizmetler ve Ticaret A.S. (NASDAQ:HEPS - Free Report) by 4.2% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 3,923,688 shares of the company's stock after selling 171,210 shares during the quarter. Hosking Partners LLP owned approximately 1.39% of D-Market Elektronik Hizmetler ve Ticaret A.S. worth $11,889,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also modified their holdings of the company. GAMMA Investing LLC increased its holdings in shares of D-Market Elektronik Hizmetler ve Ticaret A.S. by 18.0% during the 4th quarter. GAMMA Investing LLC now owns 27,250 shares of the company's stock worth $83,000 after purchasing an additional 4,152 shares during the period. Flow Traders U.S. LLC acquired a new stake in D-Market Elektronik Hizmetler ve Ticaret A.S. during the third quarter worth about $44,000. Dynamic Technology Lab Private Ltd bought a new position in D-Market Elektronik Hizmetler ve Ticaret A.S. during the third quarter valued at about $47,000. Jane Street Group LLC raised its holdings in D-Market Elektronik Hizmetler ve Ticaret A.S. by 148.7% in the 3rd quarter. Jane Street Group LLC now owns 48,583 shares of the company's stock valued at $110,000 after acquiring an additional 29,046 shares in the last quarter. Finally, State Street Corp raised its stake in shares of 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 purchasing an additional 47,639 shares in the last quarter. 40.46% of the stock is currently owned by institutional investors and hedge funds.

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Wall Street Analysts Forecast Growth

Several brokerages have issued reports on HEPS. 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 target on the stock. in a report on Wednesday, January 22nd. Hsbc Global Res cut shares of D-Market Elektronik Hizmetler ve Ticaret A.S. from a "strong-buy" rating to a "hold" rating in a research note on Wednesday, January 22nd.

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

HEPS stock remained flat at $3.20 during trading on Tuesday. The company had a trading volume of 1,131,923 shares, compared to its average volume of 535,784. The firm's fifty day moving average is $3.31 and its two-hundred day moving average is $2.99. D-Market Elektronik Hizmetler ve Ticaret A.S. has a twelve month low of $1.25 and a twelve month high of $4.05. The stock has a market capitalization of $900.43 million, a P/E ratio of -21.33 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 issued its earnings results on Tuesday, December 10th. The company reported ($0.03) EPS for the quarter. D-Market Elektronik Hizmetler ve Ticaret A.S. had a negative net margin of 3.28% and a negative return on equity of 30.48%. On average, analysts expect that D-Market Elektronik Hizmetler ve Ticaret A.S. will post -0.03 earnings per share for the current year.

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

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.