SBI Securities Co. Ltd. Takes $29,000 Position in Turkcell Iletisim Hizmetleri A.S. (NYSE:TKC)

SBI Securities Co. Ltd. acquired a new stake in Turkcell Iletisim Hizmetleri A.S. (NYSE:TKC) in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 4,502 shares of the Wireless communications provider’s stock, valued at approximately $29,000.

A number of other institutional investors and hedge funds have also bought and sold shares of the stock. US Bancorp DE increased its holdings in Turkcell Iletisim Hizmetleri A.S. by 6.8% in the fourth quarter. US Bancorp DE now owns 36,111 shares of the Wireless communications provider’s stock valued at $235,000 after purchasing an additional 2,297 shares during the period. JPMorgan Chase & Co. grew its holdings in Turkcell Iletisim Hizmetleri A.S. by 70.7% during the 3rd quarter. JPMorgan Chase & Co. now owns 6,411 shares of the Wireless communications provider’s stock worth $44,000 after acquiring an additional 2,656 shares during the period. Ieq Capital LLC grew its holdings in Turkcell Iletisim Hizmetleri A.S. by 36.2% during the 4th quarter. Ieq Capital LLC now owns 14,092 shares of the Wireless communications provider’s stock worth $92,000 after acquiring an additional 3,746 shares during the period. QRG Capital Management Inc. grew its holdings in Turkcell Iletisim Hizmetleri A.S. by 24.7% during the 4th quarter. QRG Capital Management Inc. now owns 25,062 shares of the Wireless communications provider’s stock worth $163,000 after acquiring an additional 4,967 shares during the period. Finally, Public Employees Retirement System of Ohio acquired a new stake in Turkcell Iletisim Hizmetleri A.S. during the 3rd quarter worth about $35,000.

Turkcell Iletisim Hizmetleri A.S. Stock Performance

Shares of Turkcell Iletisim Hizmetleri A.S. stock opened at $7.35 on Thursday. The company has a current ratio of 1.82, a quick ratio of 1.81 and a debt-to-equity ratio of 0.41. The business has a 50-day moving average price of $7.17 and a two-hundred day moving average price of $6.83. Turkcell Iletisim Hizmetleri A.S. has a 1-year low of $4.76 and a 1-year high of $8.47. The company has a market cap of $6.46 billion, a P/E ratio of 5.00 and a beta of 0.88.

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.