Sequoia Financial Advisors LLC Grows Stock Holdings in Turkcell Iletisim Hizmetleri AS $TKC

Sequoia Financial Advisors LLC raised its position in shares of Turkcell Iletisim Hizmetleri AS (NYSE:TKC) by 27.9% in the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 70,326 shares of the Wireless communications provider’s stock after buying an additional 15,358 shares during the period. Sequoia Financial Advisors LLC’s holdings in Turkcell Iletisim Hizmetleri AS were worth $425,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors have also modified their holdings of the company. Yousif Capital Management LLC boosted its position in shares of Turkcell Iletisim Hizmetleri AS by 14.3% during the second quarter. Yousif Capital Management LLC now owns 15,522 shares of the Wireless communications provider’s stock worth $94,000 after buying an additional 1,940 shares during the period. Vanguard Personalized Indexing Management LLC boosted its position in shares of Turkcell Iletisim Hizmetleri AS by 1.5% during the second quarter. Vanguard Personalized Indexing Management LLC now owns 129,670 shares of the Wireless communications provider’s stock worth $785,000 after buying an additional 1,947 shares during the period. HB Wealth Management LLC purchased a new position in shares of Turkcell Iletisim Hizmetleri AS during the second quarter worth $67,000. Foster Group Inc. purchased a new position in shares of Turkcell Iletisim Hizmetleri AS during the second quarter worth $67,000. Finally, Parallel Advisors LLC boosted its position in shares of Turkcell Iletisim Hizmetleri AS by 7.9% during the second quarter. Parallel Advisors LLC now owns 29,385 shares of the Wireless communications provider’s stock worth $178,000 after buying an additional 2,142 shares during the period.

Turkcell Iletisim Hizmetleri AS Stock Up 2.2%

Shares of NYSE TKC opened at $5.84 on Tuesday. The stock has a market cap of $5.13 billion, a P/E ratio of 3.97 and a beta of 0.99. The company has a current ratio of 1.69, a quick ratio of 1.69 and a debt-to-equity ratio of 0.52. Turkcell Iletisim Hizmetleri AS has a 12-month low of $5.35 and a 12-month high of $7.63. The business’s fifty day simple moving average is $5.88 and its 200-day simple moving average is $5.95.

Turkcell Iletisim Hizmetleri AS (NYSE:TKC) last announced its quarterly earnings data on Wednesday, August 13th. The Wireless communications provider reported $0.13 earnings per share (EPS) for the quarter. The business had revenue of $1.37 billion for the quarter. Turkcell Iletisim Hizmetleri AS had a return on equity of 7.00% and a net margin of 13.15%. As a group, equities analysts predict that Turkcell Iletisim Hizmetleri AS will post 0.26 EPS for the current fiscal year.

Analysts Set New Price Targets

Several analysts have recently issued reports on the company. Weiss Ratings reiterated a “hold (c)” rating on shares of Turkcell Iletisim Hizmetleri AS in a research note on Wednesday, October 8th. Wall Street Zen cut Turkcell Iletisim Hizmetleri AS from a “strong-buy” rating to a “buy” rating in a research note on Friday, July 18th. One investment analyst has rated the stock with a Hold rating, According to data from MarketBeat.com, Turkcell Iletisim Hizmetleri AS currently has a consensus rating of “Hold”.

Turkcell Iletisim Hizmetleri AS 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.