Blue Trust Inc. Sells 53,173 Shares of Turkcell Iletisim Hizmetleri A.S. (NYSE:TKC)

Blue Trust Inc. cut its position in Turkcell Iletisim Hizmetleri A.S. (NYSE:TKC) by 73.9% in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 18,780 shares of the Wireless communications provider’s stock after selling 53,173 shares during the quarter. Blue Trust Inc.’s holdings in Turkcell Iletisim Hizmetleri A.S. were worth $122,000 at the end of the most recent reporting period.

Several other institutional investors have also added to or reduced their stakes in TKC. Creative Planning boosted its position in shares of Turkcell Iletisim Hizmetleri A.S. by 19.5% in 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. Hennion & Walsh Asset Management Inc. bought a new stake in Turkcell Iletisim Hizmetleri A.S. in the 3rd quarter valued at about $75,000. Ballentine Partners LLC boosted its holdings in Turkcell Iletisim Hizmetleri A.S. by 18.4% in the 3rd quarter. Ballentine Partners LLC now owns 63,056 shares of the Wireless communications provider’s stock valued at $434,000 after purchasing an additional 9,806 shares during the period. First Trust Direct Indexing L.P. boosted its holdings in Turkcell Iletisim Hizmetleri A.S. by 3.3% in the 3rd quarter. First Trust Direct Indexing L.P. now owns 108,897 shares of the Wireless communications provider’s stock valued at $749,000 after purchasing an additional 3,434 shares during the period. Finally, US Bancorp DE boosted its holdings in Turkcell Iletisim Hizmetleri A.S. by 15.2% in the 3rd quarter. US Bancorp DE now owns 33,814 shares of the Wireless communications provider’s stock valued at $233,000 after purchasing an additional 4,462 shares during the period.

Turkcell Iletisim Hizmetleri A.S. Price Performance

NYSE:TKC opened at $7.09 on Friday. The stock has a fifty day moving average price of $7.00 and a 200-day moving average price of $6.86. 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 fifty-two week low of $4.76 and a fifty-two week high of $8.47.

Analysts Set New Price Targets

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

About Turkcell Iletisim Hizmetleri A.S.

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.