Hosking Partners LLP Sells 43,403 Shares of D-MARKET Electronic Services & Trading Unsponsored ADR (NASDAQ:HEPS)

Hosking Partners LLP cut its stake in shares of D-MARKET Electronic Services & Trading Unsponsored ADR (NASDAQ:HEPS) by 1.1% during the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 3,880,285 shares of the company’s stock after selling 43,403 shares during the period. Hosking Partners LLP’s holdings in D-MARKET Electronic Services & Trading were worth $11,059,000 as of its most recent SEC filing.

Several other large investors have also bought and sold shares of the stock. Arrowstreet Capital Limited Partnership raised its stake in shares of D-MARKET Electronic Services & Trading by 2.4% during the 4th quarter. Arrowstreet Capital Limited Partnership now owns 249,664 shares of the company’s stock worth $756,000 after purchasing an additional 5,855 shares during the period. Tekne Capital Management LLC bought a new stake in shares of D-MARKET Electronic Services & Trading during the 4th quarter worth $18,786,000. Jump Financial LLC bought a new stake in shares of D-MARKET Electronic Services & Trading during the 4th quarter worth $66,000. NewEdge Advisors LLC raised its stake in shares of D-MARKET Electronic Services & Trading by 166.5% during the 4th quarter. NewEdge Advisors LLC now owns 43,937 shares of the company’s stock worth $133,000 after purchasing an additional 27,448 shares during the period. Finally, Schonfeld Strategic Advisors LLC bought a new stake in shares of D-MARKET Electronic Services & Trading during the 4th quarter worth $307,000. 40.46% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

Separately, Wall Street Zen cut D-MARKET Electronic Services & Trading from a “hold” rating to a “sell” rating in a research note on Saturday, May 24th.

D-MARKET Electronic Services & Trading Trading Up 2.7%

NASDAQ HEPS opened at $2.86 on Friday. The business’s fifty day moving average is $2.72 and its 200-day moving average is $2.90. D-MARKET Electronic Services & Trading Unsponsored ADR has a one year low of $2.11 and a one year high of $4.05. The stock has a market capitalization of $917.54 million, a price-to-earnings ratio of -15.86 and a beta of 2.33. The company has a debt-to-equity ratio of 0.23, a current ratio of 0.92 and a quick ratio of 0.62.

D-MARKET Electronic Services & Trading (NASDAQ:HEPS) last announced its quarterly earnings data on Thursday, July 31st. The company reported ($0.06) earnings per share for the quarter. D-MARKET Electronic Services & Trading had a negative return on equity of 62.27% and a negative net margin of 4.22%. The firm had revenue of $431.50 million during the quarter. Equities research analysts predict that D-MARKET Electronic Services & Trading Unsponsored ADR will post -0.03 EPS for the current year.

D-MARKET Electronic Services & Trading Profile

D-Market Elektronik Hizmetler ve Ticaret A.S. operates e-commerce platforms in Turkey. The company operates www.hepsiburada.com, a retail website that provides its retail customers a range of merchandise, including electronics and non-electronics products, such as books, sports, toys, kids and baby products, cosmetics, furniture, etc.