QRG Capital Management Inc. Grows Position in Turkcell Iletisim Hizmetleri A.S. (NYSE:TKC)

QRG Capital Management Inc. boosted its stake in Turkcell Iletisim Hizmetleri A.S. (NYSE:TKC) by 24.7% in the fourth quarter, according to the company in its most recent disclosure with the SEC. The firm owned 25,062 shares of the Wireless communications provider’s stock after purchasing an additional 4,967 shares during the quarter. QRG Capital Management Inc.’s holdings in Turkcell Iletisim Hizmetleri A.S. were worth $163,000 as of its most recent filing with the SEC.

A number of other institutional investors have also recently bought and sold shares of the stock. Ieq Capital LLC grew its holdings in Turkcell Iletisim Hizmetleri A.S. by 36.2% in the fourth quarter. Ieq Capital LLC now owns 14,092 shares of the Wireless communications provider’s stock valued at $92,000 after purchasing an additional 3,746 shares during the period. Savant Capital LLC lifted its position in Turkcell Iletisim Hizmetleri A.S. by 37.9% during the fourth quarter. Savant Capital LLC now owns 20,862 shares of the Wireless communications provider’s stock valued at $136,000 after buying an additional 5,738 shares in the last quarter. Greenleaf Trust acquired a new position in Turkcell Iletisim Hizmetleri A.S. during the fourth quarter valued at approximately $135,000. BTC Capital Management Inc. lifted its position in Turkcell Iletisim Hizmetleri A.S. by 2.7% during the fourth quarter. BTC Capital Management Inc. now owns 201,373 shares of the Wireless communications provider’s stock valued at $1,308,000 after buying an additional 5,383 shares in the last quarter. Finally, Blue Trust Inc. lifted its position in Turkcell Iletisim Hizmetleri A.S. by 69.7% during the fourth quarter. Blue Trust Inc. now owns 122,119 shares of the Wireless communications provider’s stock valued at $840,000 after buying an additional 50,166 shares in the last quarter.

Turkcell Iletisim Hizmetleri A.S. Trading Up 0.9 %

Shares of TKC stock opened at $7.40 on Friday. The stock has a market cap of $6.51 billion, a price-to-earnings ratio of 5.03 and a beta of 0.88. The company has a quick ratio of 1.81, a current ratio of 1.82 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. The firm’s 50 day moving average price is $7.13 and its two-hundred day moving average price is $6.83.

Wall Street Analyst Weigh In

Separately, StockNews.com cut shares of 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. 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.