O Shaughnessy Asset Management LLC reduced its holdings in shares of Turkcell Iletisim Hizmetleri A.S. (NYSE:TKC - Free Report) by 16.8% in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 856,541 shares of the Wireless communications provider's stock after selling 172,632 shares during the quarter. O Shaughnessy Asset Management LLC owned approximately 0.10% of Turkcell Iletisim Hizmetleri A.S. worth $5,576,000 as of its most recent filing with the SEC.
A number of other hedge funds have also made changes to their positions in the business. SBI Securities Co. Ltd. acquired a new position in Turkcell Iletisim Hizmetleri A.S. in the fourth quarter valued at approximately $29,000. Public Employees Retirement System of Ohio purchased a new stake in shares of Turkcell Iletisim Hizmetleri A.S. in the 3rd quarter valued at about $35,000. JPMorgan Chase & Co. boosted its position 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 purchasing an additional 2,656 shares during the period. Glenmede Trust Co. NA acquired a new stake in shares of Turkcell Iletisim Hizmetleri A.S. in the third quarter valued at approximately $79,000. Finally, SVB Wealth LLC purchased a new position in Turkcell Iletisim Hizmetleri A.S. during the 4th quarter worth $82,000.
Turkcell Iletisim Hizmetleri A.S. Stock Performance
Shares of NYSE TKC traded down $0.29 during midday trading on Friday, reaching $5.78. 571,351 shares of the company were exchanged, compared to its average volume of 560,689. The stock has a fifty day simple moving average of $7.01 and a 200 day simple moving average of $6.76. The company has a current ratio of 1.82, a quick ratio of 1.81 and a debt-to-equity ratio of 0.41. The stock has a market cap of $5.08 billion, a P/E ratio of 3.93 and a beta of 0.86. Turkcell Iletisim Hizmetleri A.S. has a 1 year low of $5.45 and a 1 year high of $8.47.
Turkcell Iletisim Hizmetleri A.S. Profile
(
Free Report)
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.
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