Ritholtz Wealth Management Has $1.91 Million Holdings in Turkcell Iletisim Hizmetleri A.S. (NYSE:TKC)

Ritholtz Wealth Management decreased its holdings in Turkcell Iletisim Hizmetleri A.S. (NYSE:TKC) by 8.3% in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 397,649 shares of the Wireless communications provider’s stock after selling 35,977 shares during the quarter. Ritholtz Wealth Management’s holdings in Turkcell Iletisim Hizmetleri A.S. were worth $1,913,000 at the end of the most recent reporting period.

Other institutional investors have also recently bought and sold shares of the company. Citigroup Inc. boosted its stake in shares of Turkcell Iletisim Hizmetleri A.S. by 12.9% in the third quarter. Citigroup Inc. now owns 175,121 shares of the Wireless communications provider’s stock valued at $828,000 after buying an additional 19,996 shares during the period. American Century Companies Inc. increased its position in shares of Turkcell Iletisim Hizmetleri A.S. by 18.4% in the third quarter. American Century Companies Inc. now owns 497,930 shares of the Wireless communications provider’s stock worth $2,355,000 after purchasing an additional 77,498 shares during the period. Walleye Capital LLC acquired a new position in Turkcell Iletisim Hizmetleri A.S. in the third quarter valued at about $184,000. Creative Planning lifted its position in Turkcell Iletisim Hizmetleri A.S. by 27.8% during the third quarter. Creative Planning now owns 92,902 shares of the Wireless communications provider’s stock worth $439,000 after purchasing an additional 20,204 shares during the period. Finally, Morgan Stanley grew its stake in Turkcell Iletisim Hizmetleri A.S. by 1.1% during the third quarter. Morgan Stanley now owns 11,287,031 shares of the Wireless communications provider’s stock worth $53,388,000 after buying an additional 119,631 shares in the last quarter.

Analysts Set New Price Targets

Separately, StockNews.com downgraded shares of Turkcell Iletisim Hizmetleri A.S. from a “strong-buy” rating to a “hold” rating in a report on Friday, March 22nd.

Turkcell Iletisim Hizmetleri A.S. Trading Up 2.5 %

Shares of NYSE:TKC traded up $0.12 during trading on Thursday, hitting $5.19. 516,284 shares of the company were exchanged, compared to its average volume of 304,313. The company has a quick ratio of 1.66, a current ratio of 1.78 and a debt-to-equity ratio of 0.47. Turkcell Iletisim Hizmetleri A.S. has a 1-year low of $3.52 and a 1-year high of $5.73. The business’s 50 day moving average is $5.28 and its 200-day moving average is $4.98.

Turkcell Iletisim Hizmetleri A.S. 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.