Turkcell Iletisim Hizmetleri A.S. (NYSE:TKC) Shares Sold by West Family Investments Inc.

West Family Investments Inc. lessened its stake in Turkcell Iletisim Hizmetleri A.S. (NYSE:TKC) by 18.7% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 33,724 shares of the Wireless communications provider’s stock after selling 7,753 shares during the quarter. West Family Investments Inc.’s holdings in Turkcell Iletisim Hizmetleri A.S. were worth $220,000 as of its most recent filing with the SEC.

Other large investors have also modified their holdings of the company. SBI Securities Co. Ltd. acquired a new stake in Turkcell Iletisim Hizmetleri A.S. during the fourth quarter valued at approximately $29,000. Public Employees Retirement System of Ohio bought a new stake in shares of Turkcell Iletisim Hizmetleri A.S. in the 3rd quarter valued at approximately $35,000. JPMorgan Chase & Co. raised its position in shares of Turkcell Iletisim Hizmetleri A.S. by 70.7% during the 3rd 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 in the last quarter. Verdence Capital Advisors LLC acquired a new stake in shares of Turkcell Iletisim Hizmetleri A.S. during the 3rd quarter valued at approximately $72,000. Finally, Glenmede Trust Co. NA bought a new position in Turkcell Iletisim Hizmetleri A.S. during the third quarter worth $79,000.

Turkcell Iletisim Hizmetleri A.S. Price Performance

Shares of NYSE:TKC opened at $7.40 on Friday. The company has a quick ratio of 1.81, a current ratio of 1.82 and a debt-to-equity ratio of 0.41. The firm has a 50-day simple moving average of $7.13 and a 200 day simple moving average of $6.83. Turkcell Iletisim Hizmetleri A.S. has a fifty-two week low of $4.76 and a fifty-two week high of $8.47. The company has a market cap of $6.51 billion, a PE ratio of 5.03 and a beta of 0.88.

Wall Street Analyst Weigh In

Separately, StockNews.com lowered shares of Turkcell Iletisim Hizmetleri A.S. from a “buy” rating to a “hold” rating in a research note on Tuesday, November 12th.

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.