Turkcell Iletisim Hizmetleri A.S. (NYSE:TKC) Shares Sold by Pinnacle Wealth Planning Services Inc.

Pinnacle Wealth Planning Services Inc. lowered its position in Turkcell Iletisim Hizmetleri A.S. (NYSE:TKC) by 42.1% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 17,108 shares of the Wireless communications provider’s stock after selling 12,437 shares during the quarter. Pinnacle Wealth Planning Services Inc.’s holdings in Turkcell Iletisim Hizmetleri A.S. were worth $111,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently modified their holdings of the company. BNP Paribas Financial Markets boosted its stake in Turkcell Iletisim Hizmetleri A.S. by 31.3% during the third quarter. BNP Paribas Financial Markets now owns 669,247 shares of the Wireless communications provider’s stock worth $4,604,000 after buying an additional 159,572 shares during the period. BTC Capital Management Inc. boosted its stake in Turkcell Iletisim Hizmetleri A.S. by 2.7% during the fourth quarter. BTC Capital Management Inc. now owns 201,373 shares of the Wireless communications provider’s stock worth $1,308,000 after buying an additional 5,383 shares during the period. Blue Trust Inc. boosted its stake in shares of Turkcell Iletisim Hizmetleri A.S. by 69.7% in the fourth quarter. Blue Trust Inc. now owns 122,119 shares of the Wireless communications provider’s stock valued at $840,000 after purchasing an additional 50,166 shares during the period. Connor Clark & Lunn Investment Management Ltd. purchased a new position in shares of Turkcell Iletisim Hizmetleri A.S. in the third quarter valued at approximately $793,000. Finally, Cerity Partners LLC boosted its stake in shares of Turkcell Iletisim Hizmetleri A.S. by 24.2% in the third quarter. Cerity Partners LLC now owns 86,760 shares of the Wireless communications provider’s stock valued at $597,000 after purchasing an additional 16,909 shares during the period.

Turkcell Iletisim Hizmetleri A.S. Stock Up 0.9 %

TKC stock opened at $7.40 on Friday. The company has a current ratio of 1.82, a quick ratio of 1.81 and a debt-to-equity ratio of 0.41. Turkcell Iletisim Hizmetleri A.S. has a twelve month low of $4.76 and a twelve month high of $8.47. The company’s 50 day moving average is $7.13 and its two-hundred day moving average is $6.82. The stock has a market cap of $6.51 billion, a P/E ratio of 5.03 and a beta of 0.88.

Wall Street Analysts Forecast Growth

Separately, StockNews.com cut shares of Turkcell Iletisim Hizmetleri A.S. from a “buy” rating to a “hold” rating in a report on Tuesday, November 12th.

Turkcell Iletisim Hizmetleri A.S. 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.