SVB Wealth LLC Sells 2,876 Shares of Turkcell Iletisim Hizmetleri A.S. (NYSE:TKC)

SVB Wealth LLC lessened its position in shares of Turkcell Iletisim Hizmetleri A.S. (NYSE:TKC) by 16.2% during the 4th quarter, HoldingsChannel reports. The fund owned 14,849 shares of the Wireless communications provider’s stock after selling 2,876 shares during the quarter. SVB Wealth LLC’s holdings in Turkcell Iletisim Hizmetleri A.S. were worth $71,000 at the end of the most recent quarter.

Several other large investors have also made changes to their positions in the company. Hsbc Holdings PLC lifted its stake in shares of Turkcell Iletisim Hizmetleri A.S. by 154.6% during the third quarter. Hsbc Holdings PLC now owns 750,937 shares of the Wireless communications provider’s stock valued at $3,549,000 after acquiring an additional 456,019 shares during the period. Citigroup Inc. increased its holdings in Turkcell Iletisim Hizmetleri A.S. by 12.9% in the third quarter. Citigroup Inc. now owns 175,121 shares of the Wireless communications provider’s stock valued at $828,000 after purchasing an additional 19,996 shares during the last quarter. Advisor Partners II LLC increased its holdings in Turkcell Iletisim Hizmetleri A.S. by 162.1% in the third quarter. Advisor Partners II LLC now owns 116,520 shares of the Wireless communications provider’s stock valued at $551,000 after purchasing an additional 72,070 shares during the last quarter. Vanguard Personalized Indexing Management LLC increased its holdings in Turkcell Iletisim Hizmetleri A.S. by 12.5% in the third quarter. Vanguard Personalized Indexing Management LLC now owns 108,329 shares of the Wireless communications provider’s stock valued at $512,000 after purchasing an additional 12,041 shares during the last quarter. Finally, Cerity Partners LLC increased its holdings in Turkcell Iletisim Hizmetleri A.S. by 3.7% in the fourth quarter. Cerity Partners LLC now owns 100,373 shares of the Wireless communications provider’s stock valued at $483,000 after purchasing an additional 3,557 shares during the last quarter.

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. Trading Up 0.9 %

NYSE TKC opened at $5.89 on Wednesday. The stock has a 50-day simple moving average of $5.31 and a 200 day simple moving average of $5.05. The company has a current ratio of 1.78, a quick ratio of 1.77 and a debt-to-equity ratio of 0.47. Turkcell Iletisim Hizmetleri A.S. has a 12 month low of $3.52 and a 12 month high of $5.90.

Turkcell Iletisim Hizmetleri A.S. Company 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.