10,407 Shares in Turkcell Iletisim Hizmetleri A.S. (NYSE:TKC) Bought by Verdence Capital Advisors LLC

Verdence Capital Advisors LLC bought a new position in shares of Turkcell Iletisim Hizmetleri A.S. (NYSE:TKC) during the third quarter, Holdings Channel reports. The institutional investor bought 10,407 shares of the Wireless communications provider’s stock, valued at approximately $72,000.

Other large investors also recently modified their holdings of the company. Caprock Group LLC raised its stake in Turkcell Iletisim Hizmetleri A.S. by 319.0% during the second quarter. Caprock Group LLC now owns 96,490 shares of the Wireless communications provider’s stock worth $731,000 after acquiring an additional 73,460 shares during the period. Vanguard Personalized Indexing Management LLC boosted its position in Turkcell Iletisim Hizmetleri A.S. by 10.1% during the 2nd quarter. Vanguard Personalized Indexing Management LLC now owns 124,308 shares of the Wireless communications provider’s stock valued at $942,000 after purchasing an additional 11,415 shares during the period. Sequoia Financial Advisors LLC grew its stake in Turkcell Iletisim Hizmetleri A.S. by 4.2% during the 2nd quarter. Sequoia Financial Advisors LLC now owns 54,962 shares of the Wireless communications provider’s stock worth $417,000 after buying an additional 2,226 shares during the last quarter. Ritholtz Wealth Management lifted its stake in Turkcell Iletisim Hizmetleri A.S. by 3.3% in the second quarter. Ritholtz Wealth Management now owns 363,292 shares of the Wireless communications provider’s stock valued at $2,754,000 after buying an additional 11,584 shares during the last quarter. Finally, Creative Planning boosted its holdings in shares of Turkcell Iletisim Hizmetleri A.S. by 19.5% during the third quarter. Creative Planning now owns 176,368 shares of the Wireless communications provider’s stock valued at $1,213,000 after acquiring an additional 28,819 shares during the period.

Analyst Upgrades and Downgrades

Separately, StockNews.com cut shares of Turkcell Iletisim Hizmetleri A.S. from a “buy” rating to a “hold” rating in a report on Tuesday.

Turkcell Iletisim Hizmetleri A.S. Stock Performance

TKC opened at $6.82 on Wednesday. The company has a current ratio of 1.57, a quick ratio of 1.56 and a debt-to-equity ratio of 0.42. The business’s 50 day moving average is $6.60 and its 200-day moving average is $7.07. The stock has a market cap of $6.00 billion, a PE ratio of 6.95 and a beta of 0.86. Turkcell Iletisim Hizmetleri A.S. has a twelve month low of $4.48 and a twelve month high of $8.47.

Turkcell Iletisim Hizmetleri A.S. (NYSE:TKC) last announced its quarterly earnings results on Thursday, September 12th. The Wireless communications provider reported $0.08 earnings per share (EPS) for the quarter. Turkcell Iletisim Hizmetleri A.S. had a return on equity of 4.11% and a net margin of 12.82%. The company had revenue of $1.07 billion during the quarter. On average, analysts predict that Turkcell Iletisim Hizmetleri A.S. will post 0.34 earnings per share for the current year.

Turkcell Iletisim Hizmetleri A.S. 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.