Sivia Capital Partners LLC Cuts Stake in Turkcell Iletisim Hizmetleri A.S. (NYSE:TKC)

Sivia Capital Partners LLC reduced its stake in shares of Turkcell Iletisim Hizmetleri A.S. (NYSE:TKC) by 9.9% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 19,864 shares of the Wireless communications provider’s stock after selling 2,173 shares during the period. Sivia Capital Partners LLC’s holdings in Turkcell Iletisim Hizmetleri A.S. were worth $137,000 as of its most recent SEC filing.

Several other large investors have also modified their holdings of the stock. Atlas Capital Advisors LLC acquired a new stake in Turkcell Iletisim Hizmetleri A.S. during the 2nd quarter worth approximately $71,000. Aprio Wealth Management LLC acquired a new stake in Turkcell Iletisim Hizmetleri A.S. during the 2nd quarter worth approximately $77,000. GAMMA Investing LLC increased its position in Turkcell Iletisim Hizmetleri A.S. by 68.2% during the 2nd quarter. GAMMA Investing LLC now owns 11,210 shares of the Wireless communications provider’s stock worth $85,000 after purchasing an additional 4,545 shares in the last quarter. AQR Capital Management LLC acquired a new stake in Turkcell Iletisim Hizmetleri A.S. during the 2nd quarter worth approximately $89,000. Finally, Blue Trust Inc. grew its position in Turkcell Iletisim Hizmetleri A.S. by 1,445.2% in the second quarter. Blue Trust Inc. now owns 22,467 shares of the Wireless communications provider’s stock valued at $170,000 after acquiring an additional 21,013 shares in the last quarter.

Turkcell Iletisim Hizmetleri A.S. Stock Up 0.3 %

Shares of NYSE:TKC opened at $6.23 on Tuesday. The company has a quick ratio of 1.56, a current ratio of 1.57 and a debt-to-equity ratio of 0.42. 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 50 day moving average of $7.00 and a two-hundred day moving average of $6.97. The company has a market capitalization of $5.48 billion, a price-to-earnings ratio of 6.86 and a beta of 0.84.

Turkcell Iletisim Hizmetleri A.S. (NYSE:TKC) last issued its quarterly earnings data on Thursday, September 12th. The Wireless communications provider reported $0.08 earnings per share (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 during the quarter. As a group, analysts forecast 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 report on Monday.

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.