Ritholtz Wealth Management Has $2.47 Million Position in Turkcell Iletisim Hizmetleri A.S. (NYSE:TKC)

Ritholtz Wealth Management lessened its position in Turkcell Iletisim Hizmetleri A.S. (NYSE:TKC) by 1.0% during the third quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 359,610 shares of the Wireless communications provider’s stock after selling 3,682 shares during the quarter. Ritholtz Wealth Management’s holdings in Turkcell Iletisim Hizmetleri A.S. were worth $2,474,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Atomi Financial Group Inc. lifted its position in Turkcell Iletisim Hizmetleri A.S. by 4.8% during the second quarter. Atomi Financial Group Inc. now owns 28,091 shares of the Wireless communications provider’s stock worth $213,000 after acquiring an additional 1,284 shares during the last quarter. Kathmere Capital Management LLC increased its position in Turkcell Iletisim Hizmetleri A.S. by 6.6% in the 2nd quarter. Kathmere Capital Management LLC now owns 24,915 shares of the Wireless communications provider’s stock valued at $189,000 after acquiring an additional 1,552 shares during the period. Aprio Wealth Management LLC raised its position in Turkcell Iletisim Hizmetleri A.S. by 17.1% during the 3rd quarter. Aprio Wealth Management LLC now owns 11,928 shares of the Wireless communications provider’s stock worth $82,000 after purchasing an additional 1,745 shares during the last quarter. EverSource Wealth Advisors LLC raised its stake in Turkcell Iletisim Hizmetleri A.S. by 8.8% during the first quarter. EverSource Wealth Advisors LLC now owns 23,224 shares of the Wireless communications provider’s stock worth $121,000 after buying an additional 1,877 shares during the last quarter. Finally, Sivia Capital Partners LLC raised its position in shares of Turkcell Iletisim Hizmetleri A.S. by 9.7% in the 2nd quarter. Sivia Capital Partners LLC now owns 22,037 shares of the Wireless communications provider’s stock worth $167,000 after acquiring an additional 1,955 shares in the last quarter.

Turkcell Iletisim Hizmetleri A.S. Price Performance

Shares of NYSE TKC opened at $6.21 on Friday. The company has a debt-to-equity ratio of 0.42, a quick ratio of 1.56 and a current ratio of 1.57. The firm’s 50-day simple moving average is $7.02 and its 200 day simple moving average is $6.95. The stock has a market cap of $5.46 billion, a price-to-earnings ratio of 6.86 and a beta of 0.84. Turkcell Iletisim Hizmetleri A.S. has a fifty-two week low of $4.07 and a fifty-two week high of $8.47.

Turkcell Iletisim Hizmetleri A.S. (NYSE:TKC) last announced its earnings results on Thursday, September 12th. The Wireless communications provider reported $0.08 earnings per share for the quarter. The firm had revenue of $1.07 billion for the quarter. Turkcell Iletisim Hizmetleri A.S. had a return on equity of 7.72% and a net margin of 8.75%. As a group, research analysts anticipate that Turkcell Iletisim Hizmetleri A.S. will post 0.34 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

Separately, StockNews.com upgraded shares of Turkcell Iletisim Hizmetleri A.S. from a “hold” rating to a “buy” rating in a research report on Wednesday, October 2nd.

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.