StockNews.com upgraded shares of Turkcell Iletisim Hizmetleri A.S. (NYSE:TKC – Free Report) from a hold rating to a buy rating in a report released on Saturday morning.
Turkcell Iletisim Hizmetleri A.S. Stock Performance
Turkcell Iletisim Hizmetleri A.S. stock opened at $7.37 on Friday. The stock’s 50-day moving average is $7.69 and its 200-day moving average is $6.35. The company has a market cap of $6.48 billion, a price-to-earnings ratio of 8.60 and a beta of 0.85. The company has a debt-to-equity ratio of 0.45, a current ratio of 1.78 and a quick ratio of 1.77. Turkcell Iletisim Hizmetleri A.S. has a 12 month low of $4.07 and a 12 month high of $8.47.
Turkcell Iletisim Hizmetleri A.S. (NYSE:TKC – Get Free Report) last posted its earnings results on Monday, May 27th. The Wireless communications provider reported $0.10 earnings per share (EPS) for the quarter. Turkcell Iletisim Hizmetleri A.S. had a return on equity of 11.51% and a net margin of 10.07%. The business had revenue of $996.26 million during the quarter. Equities analysts anticipate that Turkcell Iletisim Hizmetleri A.S. will post 0.34 earnings per share for the current year.
Turkcell Iletisim Hizmetleri A.S. Increases Dividend
Institutional Investors Weigh In On Turkcell Iletisim Hizmetleri A.S.
Large investors have recently modified their holdings of the stock. Atomi Financial Group Inc. grew its position in shares of Turkcell Iletisim Hizmetleri A.S. by 4.8% in the 2nd quarter. Atomi Financial Group Inc. now owns 28,091 shares of the Wireless communications provider’s stock worth $213,000 after acquiring an additional 1,284 shares in the last quarter. Kathmere Capital Management LLC grew its position in shares of Turkcell Iletisim Hizmetleri A.S. by 6.6% in the 2nd quarter. Kathmere Capital Management LLC now owns 24,915 shares of the Wireless communications provider’s stock worth $189,000 after acquiring an additional 1,552 shares in the last quarter. EverSource Wealth Advisors LLC grew its position in shares of Turkcell Iletisim Hizmetleri A.S. by 9.3% in the 4th quarter. EverSource Wealth Advisors LLC now owns 21,347 shares of the Wireless communications provider’s stock worth $103,000 after acquiring an additional 1,820 shares in the last quarter. CWM LLC grew its position in shares of Turkcell Iletisim Hizmetleri A.S. by 17.1% in the 4th quarter. CWM LLC now owns 12,725 shares of the Wireless communications provider’s stock worth $61,000 after acquiring an additional 1,855 shares in the last quarter. Finally, Balentine LLC grew its position in shares of Turkcell Iletisim Hizmetleri A.S. by 9.6% in the 4th quarter. Balentine LLC now owns 22,309 shares of the Wireless communications provider’s stock worth $107,000 after acquiring an additional 1,945 shares in the last quarter.
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.
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