West Family Investments Inc. Buys 13,649 Shares of Turkcell Iletisim Hizmetleri AS $TKC

West Family Investments Inc. raised its stake in shares of Turkcell Iletisim Hizmetleri AS (NYSE:TKC) by 55.0% in the 2nd quarter, according to its most recent disclosure with the SEC. The firm owned 38,446 shares of the Wireless communications provider’s stock after purchasing an additional 13,649 shares during the period. West Family Investments Inc.’s holdings in Turkcell Iletisim Hizmetleri AS were worth $233,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also bought and sold shares of TKC. Quadrature Capital Ltd purchased a new position in shares of Turkcell Iletisim Hizmetleri AS during the 2nd quarter valued at about $371,000. XTX Topco Ltd bought a new stake in Turkcell Iletisim Hizmetleri AS during the 2nd quarter worth approximately $880,000. American Century Companies Inc. lifted its holdings in Turkcell Iletisim Hizmetleri AS by 24.4% during the second quarter. American Century Companies Inc. now owns 1,049,023 shares of the Wireless communications provider’s stock valued at $6,347,000 after purchasing an additional 205,693 shares in the last quarter. MAI Capital Management bought a new position in shares of Turkcell Iletisim Hizmetleri AS in the second quarter worth approximately $53,000. Finally, JPMorgan Chase & Co. increased its stake in shares of Turkcell Iletisim Hizmetleri AS by 102.5% in the second quarter. JPMorgan Chase & Co. now owns 7,829 shares of the Wireless communications provider’s stock worth $47,000 after purchasing an additional 3,963 shares in the last quarter.

Turkcell Iletisim Hizmetleri AS Trading Down 0.6%

NYSE TKC opened at $5.60 on Monday. The stock has a market cap of $4.92 billion, a PE ratio of 15.12 and a beta of 0.97. The company’s 50-day moving average price is $5.86 and its 200-day moving average price is $5.90. Turkcell Iletisim Hizmetleri AS has a 12 month low of $5.35 and a 12 month high of $7.63. The company has a current ratio of 1.69, a quick ratio of 1.69 and a debt-to-equity ratio of 0.52.

Turkcell Iletisim Hizmetleri AS (NYSE:TKC) last announced its quarterly earnings results on Thursday, November 6th. The Wireless communications provider reported $0.15 earnings per share (EPS) for the quarter. Turkcell Iletisim Hizmetleri AS had a return on equity of 7.00% and a net margin of 13.15%.The firm had revenue of $1.46 billion during the quarter. Equities research analysts forecast that Turkcell Iletisim Hizmetleri AS will post 0.26 earnings per share for the current year.

Analyst Ratings Changes

TKC has been the topic of a number of analyst reports. Weiss Ratings restated a “hold (c)” rating on shares of Turkcell Iletisim Hizmetleri AS in a research note on Tuesday, November 25th. Wall Street Zen upgraded Turkcell Iletisim Hizmetleri AS from a “hold” rating to a “buy” rating in a research report on Friday. One investment analyst has rated the stock with a Hold rating, According to MarketBeat.com, the stock currently has a consensus rating of “Hold”.

Turkcell Iletisim Hizmetleri AS 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.