SVB Wealth LLC trimmed its position in shares of Turkcell Iletisim Hizmetleri A.S. (NYSE:TKC – Get Rating) by 31.7% during the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 31,347 shares of the Wireless communications provider’s stock after selling 14,563 shares during the quarter. SVB Wealth LLC’s holdings in Turkcell Iletisim Hizmetleri A.S. were worth $150,000 at the end of the most recent reporting period.
Other institutional investors also recently modified their holdings of the company. FMR LLC raised its position in shares of Turkcell Iletisim Hizmetleri A.S. by 2,921.5% during the second quarter. FMR LLC now owns 11,089 shares of the Wireless communications provider’s stock worth $28,000 after purchasing an additional 10,722 shares during the period. CAPROCK Group Inc. acquired a new position in shares of Turkcell Iletisim Hizmetleri A.S. during the third quarter worth approximately $33,000. US Bancorp DE raised its position in shares of Turkcell Iletisim Hizmetleri A.S. by 109.5% during the third quarter. US Bancorp DE now owns 12,335 shares of the Wireless communications provider’s stock worth $33,000 after purchasing an additional 6,448 shares during the period. PDS Planning Inc acquired a new position in shares of Turkcell Iletisim Hizmetleri A.S. during the fourth quarter worth approximately $60,000. Finally, Signaturefd LLC raised its position in shares of Turkcell Iletisim Hizmetleri A.S. by 233.6% during the third quarter. Signaturefd LLC now owns 14,005 shares of the Wireless communications provider’s stock worth $37,000 after purchasing an additional 9,807 shares during the period. 3.73% of the stock is owned by institutional investors and hedge funds.
Wall Street Analysts Forecast Growth
A number of equities analysts have recently weighed in on TKC shares. StockNews.com raised Turkcell Iletisim Hizmetleri A.S. from a “buy” rating to a “strong-buy” rating in a research report on Thursday, May 11th. TheStreet lowered Turkcell Iletisim Hizmetleri A.S. from a “b-” rating to a “c” rating in a research report on Thursday, May 11th.
Turkcell Iletisim Hizmetleri A.S. Price Performance
Turkcell Iletisim Hizmetleri A.S. (NYSE:TKC – Get Rating) last released its quarterly earnings results on Thursday, March 9th. The Wireless communications provider reported $0.36 EPS for the quarter, beating analysts’ consensus estimates of $0.16 by $0.20. The business had revenue of $861.98 million during the quarter. Turkcell Iletisim Hizmetleri A.S. had a return on equity of 32.67% and a net margin of 21.39%. As a group, equities research analysts expect that Turkcell Iletisim Hizmetleri A.S. will post 1.11 earnings per share for the current fiscal year.
Turkcell Iletisim Hizmetleri A.S. Company Profile
TURKCELL Iletisim Hizmetleri AS is engages in the provision of communication and technology services. It operates through the following segments: Turkcell Turkey, Turkcell International, Techfin and All Other. The Turkcell Turkey segment includes the operations of information and entertainment services in Turkey and Azerbaijan, and of non-group call center.
Further Reading
- Get a free copy of the StockNews.com research report on Turkcell Iletisim Hizmetleri A.S. (TKC)
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