Sequoia Financial Advisors LLC Lowers Stake in Turkcell Iletisim Hizmetleri A.S. (NYSE:TKC)

Sequoia Financial Advisors LLC lessened its holdings in Turkcell Iletisim Hizmetleri A.S. (NYSE:TKC) by 3.2% during the third quarter, Holdings Channel.com reports. The firm owned 53,224 shares of the Wireless communications provider’s stock after selling 1,738 shares during the quarter. Sequoia Financial Advisors LLC’s holdings in Turkcell Iletisim Hizmetleri A.S. were worth $366,000 at the end of the most recent quarter.

Other large investors also recently added to or reduced their stakes in the company. Blue Trust Inc. boosted its stake in shares of Turkcell Iletisim Hizmetleri A.S. by 220.3% during the 3rd quarter. Blue Trust Inc. now owns 71,953 shares of the Wireless communications provider’s stock valued at $545,000 after purchasing an additional 49,486 shares in the last quarter. Creative Planning raised its holdings in Turkcell Iletisim Hizmetleri A.S. by 19.5% in the third quarter. Creative Planning now owns 176,368 shares of the Wireless communications provider’s stock worth $1,213,000 after buying an additional 28,819 shares during the last quarter. Aprio Wealth Management LLC raised its holdings in shares of Turkcell Iletisim Hizmetleri A.S. by 17.1% during the third quarter. Aprio Wealth Management LLC now owns 11,928 shares of the Wireless communications provider’s stock valued at $82,000 after purchasing an additional 1,745 shares during the last quarter. GAMMA Investing LLC raised its holdings in shares of Turkcell Iletisim Hizmetleri A.S. by 18.4% during the third quarter. GAMMA Investing LLC now owns 13,268 shares of the Wireless communications provider’s stock valued at $91,000 after purchasing an additional 2,058 shares during the last quarter. Finally, SG Americas Securities LLC purchased a new position in shares of Turkcell Iletisim Hizmetleri A.S. during the third quarter valued at approximately $226,000.

Analyst Ratings Changes

Separately, StockNews.com lowered shares of 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 1.4 %

NYSE TKC opened at $6.35 on Tuesday. The company has a debt-to-equity ratio of 0.42, a current ratio of 1.57 and a quick ratio of 1.56. The company’s 50-day simple moving average is $6.76 and its two-hundred day simple moving average is $7.02. Turkcell Iletisim Hizmetleri A.S. has a one year low of $4.07 and a one year high of $8.47.

Turkcell Iletisim Hizmetleri A.S. (NYSE:TKC) last issued its quarterly earnings data on Thursday, September 12th. The Wireless communications provider reported $0.08 earnings per share (EPS) for the quarter. The firm had revenue of $1.07 billion for the quarter. Turkcell Iletisim Hizmetleri A.S. had a net margin of 8.75% and a return on equity of 7.72%. Analysts forecast 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.