Ritholtz Wealth Management Trims Stake in Turkcell Iletisim Hizmetleri A.S. (NYSE:TKC)

Ritholtz Wealth Management cut its stake in shares of Turkcell Iletisim Hizmetleri A.S. (NYSE:TKCFree Report) by 2.1% during the 4th quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 351,969 shares of the Wireless communications provider’s stock after selling 7,641 shares during the period. Ritholtz Wealth Management’s holdings in Turkcell Iletisim Hizmetleri A.S. were worth $2,291,000 at the end of the most recent quarter.

Other hedge funds have also bought and sold shares of the company. Connor Clark & Lunn Investment Management Ltd. bought a new position in shares of Turkcell Iletisim Hizmetleri A.S. in the third quarter worth about $793,000. US Bancorp DE raised its stake in Turkcell Iletisim Hizmetleri A.S. by 15.2% during the 3rd quarter. US Bancorp DE now owns 33,814 shares of the Wireless communications provider’s stock worth $233,000 after acquiring an additional 4,462 shares during the period. Cerity Partners LLC lifted its holdings in Turkcell Iletisim Hizmetleri A.S. by 24.2% during the third quarter. Cerity Partners LLC now owns 86,760 shares of the Wireless communications provider’s stock valued at $597,000 after purchasing an additional 16,909 shares in the last quarter. Vanguard Personalized Indexing Management LLC lifted its holdings 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 valued at $942,000 after purchasing an additional 11,415 shares in the last quarter. Finally, BNP Paribas Financial Markets boosted its position in shares of Turkcell Iletisim Hizmetleri A.S. by 31.3% in the third quarter. BNP Paribas Financial Markets now owns 669,247 shares of the Wireless communications provider’s stock worth $4,604,000 after purchasing an additional 159,572 shares during the period.

Turkcell Iletisim Hizmetleri A.S. Stock Performance

NYSE TKC opened at $7.04 on Friday. 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 twelve month low of $4.76 and a twelve month high of $8.47. The business has a 50-day moving average price of $6.68 and a 200-day moving average price of $6.96.

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 note on Tuesday, November 12th.

Check Out Our Latest Stock Analysis on TKC

About Turkcell Iletisim Hizmetleri A.S.

(Free Report)

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.

Further Reading

Institutional Ownership by Quarter for Turkcell Iletisim Hizmetleri A.S. (NYSE:TKC)

Receive News & Ratings for Turkcell Iletisim Hizmetleri A.S. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Turkcell Iletisim Hizmetleri A.S. and related companies with MarketBeat.com's FREE daily email newsletter.