Sequoia Financial Advisors LLC Sells 5,527 Shares of Turkcell Iletisim Hizmetleri A.S. (NYSE:TKC)

Sequoia Financial Advisors LLC reduced its position in shares of Turkcell Iletisim Hizmetleri A.S. (NYSE:TKC) by 11.3% in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 43,560 shares of the Wireless communications provider’s stock after selling 5,527 shares during the period. Sequoia Financial Advisors LLC’s holdings in Turkcell Iletisim Hizmetleri A.S. were worth $210,000 at the end of the most recent quarter.

Other institutional investors have also recently added to or reduced their stakes in the company. Lindbrook Capital LLC increased its holdings in shares of Turkcell Iletisim Hizmetleri A.S. by 45.4% during the third quarter. Lindbrook Capital LLC now owns 8,116 shares of the Wireless communications provider’s stock worth $38,000 after buying an additional 2,533 shares in the last quarter. Blue Trust Inc. grew its position in Turkcell Iletisim Hizmetleri A.S. by 49.7% during the 4th quarter. Blue Trust Inc. now owns 8,302 shares of the Wireless communications provider’s stock worth $39,000 after acquiring an additional 2,757 shares during the last quarter. Tower Research Capital LLC TRC increased its holdings in Turkcell Iletisim Hizmetleri A.S. by 54,076.5% during the 1st quarter. Tower Research Capital LLC TRC now owns 9,210 shares of the Wireless communications provider’s stock valued at $40,000 after purchasing an additional 9,193 shares in the last quarter. Barclays PLC bought a new position in Turkcell Iletisim Hizmetleri A.S. in the 4th quarter valued at $48,000. Finally, Colonial River Wealth Management LLC bought a new position in Turkcell Iletisim Hizmetleri A.S. in the 3rd quarter valued at $48,000.

Turkcell Iletisim Hizmetleri A.S. Stock Performance

TKC opened at $5.74 on Friday. Turkcell Iletisim Hizmetleri A.S. has a 1-year low of $3.52 and a 1-year high of $5.84. The company has a debt-to-equity ratio of 0.47, a quick ratio of 1.77 and a current ratio of 1.78. The firm has a 50-day moving average price of $5.30 and a two-hundred day moving average price of $5.04.

Analysts Set New Price Targets

Separately, StockNews.com upgraded Turkcell Iletisim Hizmetleri A.S. from a “hold” rating to a “buy” rating in a report on Saturday, March 30th.

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.