Dimensional Fund Advisors LP Raises Position in Turkcell Iletisim Hizmetleri A.S. (NYSE:TKC)

Dimensional Fund Advisors LP boosted its stake in Turkcell Iletisim Hizmetleri A.S. (NYSE:TKC) by 12.8% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 33,150 shares of the Wireless communications provider’s stock after buying an additional 3,767 shares during the period. Dimensional Fund Advisors LP’s holdings in Turkcell Iletisim Hizmetleri A.S. were worth $216,000 at the end of the most recent reporting period.

Several other large investors have also recently made changes to their positions in TKC. Marshall Wace LLP lifted its holdings in shares of Turkcell Iletisim Hizmetleri A.S. by 136.2% during the fourth quarter. Marshall Wace LLP now owns 515,974 shares of the Wireless communications provider’s stock valued at $3,359,000 after purchasing an additional 297,554 shares during the last quarter. Arrowstreet Capital Limited Partnership lifted its holdings in shares of Turkcell Iletisim Hizmetleri A.S. by 25.5% during the fourth quarter. Arrowstreet Capital Limited Partnership now owns 691,251 shares of the Wireless communications provider’s stock valued at $4,500,000 after purchasing an additional 140,489 shares during the last quarter. First Trust Advisors LP lifted its holdings in shares of Turkcell Iletisim Hizmetleri A.S. by 137.1% during the fourth quarter. First Trust Advisors LP now owns 156,577 shares of the Wireless communications provider’s stock valued at $1,019,000 after purchasing an additional 90,541 shares during the last quarter. Blue Trust Inc. increased its position in shares of Turkcell Iletisim Hizmetleri A.S. by 69.7% during the fourth quarter. Blue Trust Inc. now owns 122,119 shares of the Wireless communications provider’s stock valued at $840,000 after acquiring an additional 50,166 shares in the last quarter. Finally, Cerity Partners LLC increased its position in shares of Turkcell Iletisim Hizmetleri A.S. by 55.3% during the fourth quarter. Cerity Partners LLC now owns 134,776 shares of the Wireless communications provider’s stock valued at $884,000 after acquiring an additional 48,016 shares in the last quarter.

Turkcell Iletisim Hizmetleri A.S. Price Performance

Shares of TKC opened at $6.28 on Friday. The company has a market capitalization of $5.52 billion, a P/E ratio of 4.27 and a beta of 0.91. The company has a quick ratio of 1.81, a current ratio of 1.82 and a debt-to-equity ratio of 0.41. The firm has a 50 day moving average of $6.20 and a 200 day moving average of $6.65. Turkcell Iletisim Hizmetleri A.S. has a twelve month low of $5.66 and a twelve month high of $8.47.

Turkcell Iletisim Hizmetleri A.S. (NYSE:TKC) last announced its quarterly earnings results on Friday, May 9th. The Wireless communications provider reported $0.09 earnings per share for the quarter. The company had revenue of $1.19 billion during the quarter. Turkcell Iletisim Hizmetleri A.S. had a net margin of 12.82% and a return on equity of 4.05%. As a group, equities research analysts anticipate that Turkcell Iletisim Hizmetleri A.S. will post 0.26 earnings per share for the current fiscal year.

Turkcell Iletisim Hizmetleri A.S. Dividend Announcement

The company also recently declared a — dividend, which will be paid on Wednesday, January 7th. Investors of record on Monday, December 29th will be given a dividend of $0.0866 per share. This represents a dividend yield of 2.9%. The ex-dividend date is Monday, December 29th. Turkcell Iletisim Hizmetleri A.S.’s dividend payout ratio (DPR) is currently 11.56%.

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.