AQR Capital Management LLC Makes New Investment in Turkcell Iletisim Hizmetleri A.S. (NYSE:TKC)

AQR Capital Management LLC purchased a new position in shares of Turkcell Iletisim Hizmetleri A.S. (NYSE:TKC) during the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund purchased 11,678 shares of the Wireless communications provider’s stock, valued at approximately $89,000.

A number of other institutional investors have also recently bought and sold shares of the business. Vanguard Personalized Indexing Management LLC boosted its stake in Turkcell Iletisim Hizmetleri A.S. by 10.1% during the second quarter. Vanguard Personalized Indexing Management LLC now owns 124,308 shares of the Wireless communications provider’s stock worth $942,000 after buying an additional 11,415 shares in the last quarter. Caprock Group LLC boosted its stake in Turkcell Iletisim Hizmetleri A.S. by 319.0% during the second quarter. Caprock Group LLC now owns 96,490 shares of the Wireless communications provider’s stock worth $731,000 after buying an additional 73,460 shares in the last quarter. Sivia Capital Partners LLC boosted its stake in Turkcell Iletisim Hizmetleri A.S. by 9.7% during the second quarter. Sivia Capital Partners LLC now owns 22,037 shares of the Wireless communications provider’s stock worth $167,000 after buying an additional 1,955 shares in the last quarter. Ritholtz Wealth Management boosted its stake in Turkcell Iletisim Hizmetleri A.S. by 3.3% during the second 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 in the last quarter. Finally, Atlas Capital Advisors LLC acquired a new stake in shares of Turkcell Iletisim Hizmetleri A.S. in the 2nd quarter valued at $71,000.

Turkcell Iletisim Hizmetleri A.S. Stock Down 0.9 %

Shares of NYSE:TKC opened at $6.30 on Friday. Turkcell Iletisim Hizmetleri A.S. has a 52 week low of $4.07 and a 52 week high of $8.47. 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 company’s fifty day moving average is $6.89 and its 200-day moving average is $6.97. The company has a market capitalization of $5.54 billion, a PE ratio of 6.77 and a beta of 0.84.

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. Turkcell Iletisim Hizmetleri A.S. had a net margin of 8.75% and a return on equity of 7.72%. The company had revenue of $1.07 billion for the quarter. Equities research analysts predict 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 downgraded shares of Turkcell Iletisim Hizmetleri A.S. from a “buy” rating to a “hold” rating in a research note on Monday, October 14th.

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.