Mercer Global Advisors Inc. ADV Makes New Investment in Turkcell Iletisim Hizmetleri A.S. (NYSE:TKC)

Mercer Global Advisors Inc. ADV bought a new position in Turkcell Iletisim Hizmetleri A.S. (NYSE:TKC) in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor bought 20,110 shares of the Wireless communications provider’s stock, valued at approximately $131,000.

Several other hedge funds and other institutional investors have also bought and sold shares of the company. American Century Companies Inc. boosted its stake in Turkcell Iletisim Hizmetleri A.S. by 3.8% in the fourth quarter. American Century Companies Inc. now owns 790,236 shares of the Wireless communications provider’s stock worth $5,144,000 after buying an additional 29,286 shares in the last quarter. Arrowstreet Capital Limited Partnership boosted its stake in Turkcell Iletisim Hizmetleri A.S. by 25.5% in the fourth quarter. Arrowstreet Capital Limited Partnership now owns 691,251 shares of the Wireless communications provider’s stock worth $4,500,000 after buying an additional 140,489 shares in the last quarter. Marshall Wace LLP boosted its stake in Turkcell Iletisim Hizmetleri A.S. by 136.2% in the fourth quarter. Marshall Wace LLP now owns 515,974 shares of the Wireless communications provider’s stock worth $3,359,000 after buying an additional 297,554 shares in the last quarter. Hsbc Holdings PLC boosted its stake in Turkcell Iletisim Hizmetleri A.S. by 7.1% in the fourth quarter. Hsbc Holdings PLC now owns 461,819 shares of the Wireless communications provider’s stock worth $3,008,000 after buying an additional 30,545 shares in the last quarter. Finally, Northern Trust Corp boosted its stake in Turkcell Iletisim Hizmetleri A.S. by 389.1% in the fourth quarter. Northern Trust Corp now owns 298,845 shares of the Wireless communications provider’s stock worth $1,945,000 after buying an additional 237,739 shares in the last quarter.

Turkcell Iletisim Hizmetleri A.S. Stock Down 0.4%

Shares of TKC opened at $6.28 on Friday. The firm has a market cap of $5.52 billion, a P/E ratio of 4.27 and a beta of 0.91. The stock has a 50 day simple moving average of $6.20 and a two-hundred day simple moving average of $6.65. The company has a debt-to-equity ratio of 0.41, a current ratio of 1.82 and a quick ratio of 1.81. Turkcell Iletisim Hizmetleri A.S. has a 1 year low of $5.66 and a 1 year high of $8.47.

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

Turkcell Iletisim Hizmetleri A.S. Dividend Announcement

The business also recently disclosed a — dividend, which will be paid on Wednesday, January 7th. Stockholders of record on Monday, December 29th will be paid 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 (DPR) 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.