West Family Investments Inc. Buys 13,649 Shares of Turkcell Iletisim Hizmetleri AS $TKC

West Family Investments Inc. boosted its position in Turkcell Iletisim Hizmetleri AS (NYSE:TKC) by 55.0% in the second quarter, HoldingsChannel.com reports. The firm owned 38,446 shares of the Wireless communications provider’s stock after acquiring an additional 13,649 shares during the period. West Family Investments Inc.’s holdings in Turkcell Iletisim Hizmetleri AS were worth $233,000 as of its most recent SEC filing.

Other hedge funds have also modified their holdings of the company. JPMorgan Chase & Co. grew its position in shares of Turkcell Iletisim Hizmetleri AS by 102.5% in the 2nd quarter. JPMorgan Chase & Co. now owns 7,829 shares of the Wireless communications provider’s stock worth $47,000 after buying an additional 3,963 shares during the last quarter. MAI Capital Management purchased a new stake in Turkcell Iletisim Hizmetleri AS during the second quarter valued at approximately $53,000. Foster Group Inc. acquired a new stake in Turkcell Iletisim Hizmetleri AS in the second quarter valued at approximately $67,000. HB Wealth Management LLC purchased a new position in Turkcell Iletisim Hizmetleri AS in the second quarter worth $67,000. Finally, Yousif Capital Management LLC increased its position in shares of Turkcell Iletisim Hizmetleri AS by 14.3% during the second quarter. Yousif Capital Management LLC now owns 15,522 shares of the Wireless communications provider’s stock worth $94,000 after purchasing an additional 1,940 shares in the last quarter.

Turkcell Iletisim Hizmetleri AS Price Performance

Shares of TKC opened at $5.60 on Monday. The company has a debt-to-equity ratio of 0.52, a current ratio of 1.69 and a quick ratio of 1.69. The company’s fifty day moving average price is $5.86 and its 200-day moving average price is $5.90. Turkcell Iletisim Hizmetleri AS has a 1-year low of $5.35 and a 1-year high of $7.63. The firm has a market capitalization of $4.92 billion, a PE ratio of 15.12 and a beta of 0.97.

Turkcell Iletisim Hizmetleri AS (NYSE:TKC) last issued its earnings results on Thursday, November 6th. The Wireless communications provider reported $0.15 earnings per share (EPS) for the quarter. The company had revenue of $1.46 billion during the quarter. Turkcell Iletisim Hizmetleri AS had a return on equity of 7.00% and a net margin of 13.15%. On average, equities research analysts predict that Turkcell Iletisim Hizmetleri AS will post 0.26 EPS for the current year.

Wall Street Analysts Forecast Growth

A number of research firms have recently weighed in on TKC. Weiss Ratings reissued a “hold (c)” rating on shares of Turkcell Iletisim Hizmetleri AS in a research report on Tuesday, November 25th. Wall Street Zen raised Turkcell Iletisim Hizmetleri AS from a “hold” rating to a “buy” rating in a report on Friday. One equities research analyst has rated the stock with a Hold rating, Based on data from MarketBeat, Turkcell Iletisim Hizmetleri AS has a consensus rating of “Hold”.

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.