Turkcell Iletisim Hizmetleri A.S. (NYSE:TKC) Shares Acquired by Creative Planning

Creative Planning lifted its position in shares of Turkcell Iletisim Hizmetleri A.S. (NYSE:TKC) by 19.5% during the third quarter, Holdings Channel.com reports. The firm owned 176,368 shares of the Wireless communications provider’s stock after acquiring an additional 28,819 shares during the period. Creative Planning’s holdings in Turkcell Iletisim Hizmetleri A.S. were worth $1,213,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds and other institutional investors have also made changes to their positions in the company. Atlas Capital Advisors LLC acquired a new stake in shares of Turkcell Iletisim Hizmetleri A.S. during the 2nd quarter worth approximately $71,000. Aprio Wealth Management LLC acquired a new stake in shares of Turkcell Iletisim Hizmetleri A.S. during the 2nd quarter worth approximately $77,000. GAMMA Investing LLC grew its stake in shares of Turkcell Iletisim Hizmetleri A.S. by 68.2% during the 2nd quarter. GAMMA Investing LLC now owns 11,210 shares of the Wireless communications provider’s stock worth $85,000 after purchasing an additional 4,545 shares during the period. AQR Capital Management LLC acquired a new stake in shares of Turkcell Iletisim Hizmetleri A.S. during the 2nd quarter worth approximately $89,000. Finally, EverSource Wealth Advisors LLC grew its stake in shares of Turkcell Iletisim Hizmetleri A.S. by 8.8% during the 1st quarter. EverSource Wealth Advisors LLC now owns 23,224 shares of the Wireless communications provider’s stock worth $121,000 after purchasing an additional 1,877 shares during the period.

Analyst Upgrades and Downgrades

Separately, StockNews.com lowered Turkcell Iletisim Hizmetleri A.S. from a “buy” rating to a “hold” rating in a research report on Monday, October 14th.

Turkcell Iletisim Hizmetleri A.S. Trading Up 2.8 %

Shares of NYSE:TKC opened at $6.38 on Thursday. Turkcell Iletisim Hizmetleri A.S. has a 1 year low of $4.07 and a 1 year high of $8.47. The company has a current ratio of 1.57, a quick ratio of 1.56 and a debt-to-equity ratio of 0.42. The business’s 50 day moving average price is $6.70 and its 200-day moving average price is $7.03.

Turkcell Iletisim Hizmetleri A.S. (NYSE:TKC) last announced its earnings results on Thursday, September 12th. The Wireless communications provider reported $0.08 earnings per share (EPS) for the quarter. Turkcell Iletisim Hizmetleri A.S. had a return on equity of 7.72% and a net margin of 8.75%. The firm had revenue of $1.07 billion for the quarter. Research analysts anticipate that Turkcell Iletisim Hizmetleri A.S. will post 0.34 earnings per share for the current year.

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.