Cerity Partners LLC Grows Position in Turkcell Iletisim Hizmetleri A.S. (NYSE:TKC)

Cerity Partners LLC grew its stake in shares of Turkcell Iletisim Hizmetleri A.S. (NYSE:TKC) by 24.2% in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 86,760 shares of the Wireless communications provider’s stock after acquiring an additional 16,909 shares during the period. Cerity Partners LLC’s holdings in Turkcell Iletisim Hizmetleri A.S. were worth $597,000 at the end of the most recent reporting period.

Other institutional investors also recently bought and sold shares of the company. Sequoia Financial Advisors LLC lifted its position in shares of Turkcell Iletisim Hizmetleri A.S. by 4.2% in the second quarter. Sequoia Financial Advisors LLC now owns 54,962 shares of the Wireless communications provider’s stock valued at $417,000 after acquiring an additional 2,226 shares in the last quarter. Blue Trust Inc. boosted its holdings in shares of Turkcell Iletisim Hizmetleri A.S. by 1,445.2% in the 2nd quarter. Blue Trust Inc. now owns 22,467 shares of the Wireless communications provider’s stock valued at $170,000 after purchasing an additional 21,013 shares during the last quarter. Atomi Financial Group Inc. grew its stake in shares of Turkcell Iletisim Hizmetleri A.S. by 4.8% during the 2nd quarter. Atomi Financial Group Inc. now owns 28,091 shares of the Wireless communications provider’s stock valued at $213,000 after buying an additional 1,284 shares during the period. Atlas Capital Advisors LLC acquired a new stake in shares of Turkcell Iletisim Hizmetleri A.S. during the 2nd quarter worth $71,000. Finally, Ritholtz Wealth Management raised its position in shares of Turkcell Iletisim Hizmetleri A.S. by 3.3% in the 2nd quarter. Ritholtz Wealth Management now owns 363,292 shares of the Wireless communications provider’s stock worth $2,754,000 after buying an additional 11,584 shares during the period.

Analyst Upgrades and Downgrades

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

Turkcell Iletisim Hizmetleri A.S. Trading Up 2.8 %

NYSE TKC opened at $6.70 on Friday. The firm has a market capitalization of $5.90 billion, a price-to-earnings ratio of 7.28 and a beta of 0.86. The company has a debt-to-equity ratio of 0.41, a quick ratio of 1.81 and a current ratio of 1.82. Turkcell Iletisim Hizmetleri A.S. has a one year low of $4.48 and a one year high of $8.47. The company’s 50 day moving average price is $6.48 and its 200 day moving average price is $7.11.

Turkcell Iletisim Hizmetleri A.S. (NYSE:TKC) last issued its earnings results on Thursday, September 12th. The Wireless communications provider reported $0.08 EPS for the quarter. The business had revenue of $1.07 billion for the quarter. Turkcell Iletisim Hizmetleri A.S. had a net margin of 12.82% and a return on equity of 4.05%.

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.