Dimensional Fund Advisors LP Purchases 3,767 Shares of Turkcell Iletisim Hizmetleri A.S. (NYSE:TKC)

Dimensional Fund Advisors LP boosted its position in Turkcell Iletisim Hizmetleri A.S. (NYSE:TKC) by 12.8% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 33,150 shares of the Wireless communications provider’s stock after acquiring an additional 3,767 shares during the quarter. Dimensional Fund Advisors LP’s holdings in Turkcell Iletisim Hizmetleri A.S. were worth $216,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors have also added to or reduced their stakes in TKC. Quadrant Capital Group LLC grew its stake in shares of Turkcell Iletisim Hizmetleri A.S. by 2.7% during the fourth quarter. Quadrant Capital Group LLC now owns 85,703 shares of the Wireless communications provider’s stock valued at $558,000 after buying an additional 2,273 shares during the last quarter. US Bancorp DE grew its stake in shares of Turkcell Iletisim Hizmetleri A.S. by 6.8% during the fourth quarter. US Bancorp DE now owns 36,111 shares of the Wireless communications provider’s stock valued at $235,000 after buying an additional 2,297 shares during the last quarter. Corient Private Wealth LLC grew its stake in shares of Turkcell Iletisim Hizmetleri A.S. by 2.2% during the fourth quarter. Corient Private Wealth LLC now owns 109,286 shares of the Wireless communications provider’s stock valued at $711,000 after buying an additional 2,332 shares during the last quarter. JPMorgan Chase & Co. grew its stake in shares of Turkcell Iletisim Hizmetleri A.S. by 70.7% during the third quarter. JPMorgan Chase & Co. now owns 6,411 shares of the Wireless communications provider’s stock valued at $44,000 after buying an additional 2,656 shares during the last quarter. Finally, Inspire Advisors LLC grew its stake in shares of Turkcell Iletisim Hizmetleri A.S. by 16.4% during the fourth quarter. Inspire Advisors LLC now owns 23,975 shares of the Wireless communications provider’s stock valued at $156,000 after buying an additional 3,374 shares during the last quarter.

Turkcell Iletisim Hizmetleri A.S. Stock Down 0.4%

Shares of NYSE:TKC opened at $6.28 on Friday. The stock’s 50-day moving average price is $6.20 and its 200-day moving average price is $6.65. Turkcell Iletisim Hizmetleri A.S. has a 12-month low of $5.66 and a 12-month high of $8.47. The stock has a market capitalization of $5.52 billion, a P/E ratio of 4.27 and a beta of 0.91. The company has a current ratio of 1.82, a quick ratio of 1.81 and a debt-to-equity ratio of 0.41.

Turkcell Iletisim Hizmetleri A.S. (NYSE:TKC) last announced its quarterly earnings data on Friday, May 9th. The Wireless communications provider reported $0.09 earnings per share (EPS) for the quarter. Turkcell Iletisim Hizmetleri A.S. had a return on equity of 4.05% and a net margin of 12.82%. The firm had revenue of $1.19 billion for the quarter. On average, equities analysts anticipate that Turkcell Iletisim Hizmetleri A.S. will post 0.26 earnings per share for the current year.

Turkcell Iletisim Hizmetleri A.S. Announces Dividend

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

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.