Cerity Partners LLC Increases Position in Turkcell Iletisim Hizmetleri A.S. (NYSE:TKC)

Cerity Partners LLC grew its holdings in Turkcell Iletisim Hizmetleri A.S. (NYSE:TKC) by 55.3% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 134,776 shares of the Wireless communications provider’s stock after purchasing an additional 48,016 shares during the quarter. Cerity Partners LLC’s holdings in Turkcell Iletisim Hizmetleri A.S. were worth $884,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also made changes to their positions in TKC. SBI Securities Co. Ltd. purchased a new position in Turkcell Iletisim Hizmetleri A.S. during the fourth quarter worth about $29,000. Public Employees Retirement System of Ohio purchased a new stake in shares of Turkcell Iletisim Hizmetleri A.S. during the 3rd quarter valued at approximately $35,000. JPMorgan Chase & Co. lifted its holdings in Turkcell Iletisim Hizmetleri A.S. by 70.7% in the third quarter. JPMorgan Chase & Co. now owns 6,411 shares of the Wireless communications provider’s stock valued at $44,000 after acquiring an additional 2,656 shares during the last quarter. Franklin Resources Inc. purchased a new position in Turkcell Iletisim Hizmetleri A.S. in the fourth quarter worth approximately $70,000. Finally, SVB Wealth LLC acquired a new stake in Turkcell Iletisim Hizmetleri A.S. during the fourth quarter worth $82,000.

Turkcell Iletisim Hizmetleri A.S. Stock Performance

NYSE TKC opened at $6.01 on Friday. The stock has a fifty day simple moving average of $6.68 and a 200-day simple moving average of $6.68. The company has a current ratio of 1.82, a quick ratio of 1.81 and a debt-to-equity ratio of 0.41. The stock has a market cap of $5.28 billion, a PE ratio of 4.09 and a beta of 0.86. Turkcell Iletisim Hizmetleri A.S. has a twelve month low of $5.74 and a twelve month high of $8.47.

Turkcell Iletisim Hizmetleri A.S. Announces Dividend

The business also recently declared a — dividend, which will be paid on Wednesday, January 7th. Shareholders of record on Monday, December 29th will be given a dividend of $0.0866 per share. This represents a dividend yield of 2.9%. The ex-dividend date is Monday, December 29th. Turkcell Iletisim Hizmetleri A.S.’s dividend payout ratio is presently 11.56%.

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.