Hosking Partners LLP Has $11.89 Million Stake in D-Market Elektronik Hizmetler ve Ticaret A.S. (NASDAQ:HEPS)

Hosking Partners LLP lowered its position in D-Market Elektronik Hizmetler ve Ticaret A.S. (NASDAQ:HEPS) by 4.2% in the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 3,923,688 shares of the company’s stock after selling 171,210 shares during the period. Hosking Partners LLP’s holdings in D-Market Elektronik Hizmetler ve Ticaret A.S. were worth $11,889,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also modified their holdings of the company. Flow Traders U.S. LLC bought a new stake in D-Market Elektronik Hizmetler ve Ticaret A.S. in the 3rd quarter valued at approximately $44,000. Dynamic Technology Lab Private Ltd acquired a new position in shares of D-Market Elektronik Hizmetler ve Ticaret A.S. during the 3rd quarter worth about $47,000. GAMMA Investing LLC lifted its position in shares of D-Market Elektronik Hizmetler ve Ticaret A.S. by 18.0% in the fourth quarter. GAMMA Investing LLC now owns 27,250 shares of the company’s stock valued at $83,000 after buying an additional 4,152 shares during the last quarter. Jane Street Group LLC lifted its holdings in D-Market Elektronik Hizmetler ve Ticaret A.S. by 148.7% during the 3rd quarter. Jane Street Group LLC now owns 48,583 shares of the company’s stock valued at $110,000 after purchasing an additional 29,046 shares during the last quarter. Finally, JPMorgan Chase & Co. boosted its holdings in shares of D-Market Elektronik Hizmetler ve Ticaret A.S. by 809.2% during the 3rd quarter. JPMorgan Chase & Co. now owns 95,780 shares of the company’s stock worth $216,000 after buying an additional 85,245 shares during the period. 40.46% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

A number of research analysts have issued reports on HEPS shares. HSBC lowered shares of D-Market Elektronik Hizmetler ve Ticaret A.S. from a “buy” rating to a “hold” rating and set a $3.50 target price on the stock. in a research report on Wednesday, January 22nd. Hsbc Global Res downgraded shares of D-Market Elektronik Hizmetler ve Ticaret A.S. from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, January 22nd.

D-Market Elektronik Hizmetler ve Ticaret A.S. Trading Down 5.2 %

NASDAQ HEPS opened at $3.27 on Friday. The stock has a market capitalization of $920.12 million, a P/E ratio of -21.80 and a beta of 2.43. D-Market Elektronik Hizmetler ve Ticaret A.S. has a one year low of $1.25 and a one year high of $4.05. The business has a 50 day simple moving average of $3.31 and a 200 day simple moving average of $2.99. The company has a debt-to-equity ratio of 0.18, a current ratio of 1.02 and a quick ratio of 0.66.

D-Market Elektronik Hizmetler ve Ticaret A.S. (NASDAQ:HEPS) last posted its earnings results on Tuesday, December 10th. The company reported ($0.03) earnings per share for the quarter. D-Market Elektronik Hizmetler ve Ticaret A.S. had a negative return on equity of 30.48% and a negative net margin of 3.28%. Research analysts expect that D-Market Elektronik Hizmetler ve Ticaret A.S. will post -0.03 earnings per share for the current year.

About D-Market Elektronik Hizmetler ve Ticaret A.S.

D-Market Elektronik Hizmetler ve Ticaret A.S. operates e-commerce platforms in Turkey. The company operates www.hepsiburada.com, a retail website that provides its retail customers a range of merchandise, including electronics and non-electronics products, such as books, sports, toys, kids and baby products, cosmetics, furniture, etc.