Vanguard Personalized Indexing Management LLC Acquires 1,947 Shares of Turkcell Iletisim Hizmetleri AS $TKC

Vanguard Personalized Indexing Management LLC lifted its stake in shares of Turkcell Iletisim Hizmetleri AS (NYSE:TKC) by 1.5% during the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 129,670 shares of the Wireless communications provider’s stock after purchasing an additional 1,947 shares during the quarter. Vanguard Personalized Indexing Management LLC’s holdings in Turkcell Iletisim Hizmetleri AS were worth $785,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors also recently made changes to their positions in TKC. HB Wealth Management LLC bought a new position in shares of Turkcell Iletisim Hizmetleri AS during the second quarter valued at about $67,000. Foster Group Inc. bought a new stake in Turkcell Iletisim Hizmetleri AS during the 2nd quarter worth approximately $67,000. Ascent Group LLC grew its position in Turkcell Iletisim Hizmetleri AS by 58.8% during the first quarter. Ascent Group LLC now owns 19,418 shares of the Wireless communications provider’s stock worth $121,000 after buying an additional 7,189 shares in the last quarter. Aprio Wealth Management LLC increased its holdings in shares of Turkcell Iletisim Hizmetleri AS by 130.9% in the 1st quarter. Aprio Wealth Management LLC now owns 23,304 shares of the Wireless communications provider’s stock worth $145,000 after buying an additional 13,212 shares during the last quarter. Finally, Advisors Preferred LLC purchased a new position in shares of Turkcell Iletisim Hizmetleri AS in the 1st quarter worth about $156,000.

Wall Street Analysts Forecast Growth

Several research firms have recently commented on TKC. Wall Street Zen downgraded Turkcell Iletisim Hizmetleri AS from a “strong-buy” rating to a “buy” rating in a report on Friday, July 18th. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Turkcell Iletisim Hizmetleri AS in a research report on Wednesday, October 8th. One investment analyst has rated the stock with a Hold rating, According to MarketBeat, the company currently has an average rating of “Hold”.

Turkcell Iletisim Hizmetleri AS Stock Up 2.2%

TKC opened at $5.84 on Tuesday. The company has a current ratio of 1.69, a quick ratio of 1.69 and a debt-to-equity ratio of 0.52. The firm’s 50 day simple moving average is $5.88 and its two-hundred day simple moving average is $5.95. The company has a market capitalization of $5.13 billion, a PE ratio of 3.97 and a beta of 0.99. Turkcell Iletisim Hizmetleri AS has a 1-year low of $5.35 and a 1-year high of $7.63.

Turkcell Iletisim Hizmetleri AS (NYSE:TKC) last announced its quarterly earnings data on Wednesday, August 13th. The Wireless communications provider reported $0.13 earnings per share (EPS) for the quarter. The company had revenue of $1.37 billion during the quarter. Turkcell Iletisim Hizmetleri AS had a return on equity of 7.00% and a net margin of 13.15%. As a group, equities analysts forecast that Turkcell Iletisim Hizmetleri AS will post 0.26 EPS for the current year.

About Turkcell Iletisim Hizmetleri AS

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.