Baader Bank Aktiengesellschaft Sells 80,000 Shares of D-Market Elektronik Hizmetler ve Ticaret A.S. (NASDAQ:HEPS)

Baader Bank Aktiengesellschaft lessened its holdings in shares of D-Market Elektronik Hizmetler ve Ticaret A.S. (NASDAQ:HEPS) by 53.3% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 70,200 shares of the company’s stock after selling 80,000 shares during the period. Baader Bank Aktiengesellschaft’s holdings in D-Market Elektronik Hizmetler ve Ticaret A.S. were worth $213,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently modified their holdings of the business. Mackenzie Financial Corp bought a new stake in D-Market Elektronik Hizmetler ve Ticaret A.S. during the second quarter worth about $29,000. Cubist Systematic Strategies LLC purchased a new position in shares of D-Market Elektronik Hizmetler ve Ticaret A.S. during the second quarter valued at approximately $34,000. Flow Traders U.S. LLC bought a new stake in shares of D-Market Elektronik Hizmetler ve Ticaret A.S. in the 3rd quarter worth approximately $44,000. Dynamic Technology Lab Private Ltd bought a new stake in shares of D-Market Elektronik Hizmetler ve Ticaret A.S. in the 3rd quarter worth approximately $47,000. Finally, GAMMA Investing LLC grew its stake in shares of D-Market Elektronik Hizmetler ve Ticaret A.S. by 47.3% in the 3rd quarter. GAMMA Investing LLC now owns 23,098 shares of the company’s stock worth $52,000 after buying an additional 7,412 shares during the last quarter. 40.46% of the stock is owned by hedge funds and other institutional investors.

D-Market Elektronik Hizmetler ve Ticaret A.S. Price Performance

Shares of HEPS opened at $3.29 on Friday. The company has a market capitalization of $925.75 million, a P/E ratio of -21.93 and a beta of 2.42. D-Market Elektronik Hizmetler ve Ticaret A.S. has a twelve month low of $1.25 and a twelve month high of $4.05. The company has a quick ratio of 0.66, a current ratio of 1.02 and a debt-to-equity ratio of 0.18. The firm has a 50 day moving average of $3.15 and a 200 day moving average of $2.92.

D-Market Elektronik Hizmetler ve Ticaret A.S. (NASDAQ:HEPS) last posted its earnings results on Tuesday, December 10th. The company reported ($0.03) EPS 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%. As a group, equities research analysts anticipate that D-Market Elektronik Hizmetler ve Ticaret A.S. will post -0.03 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

A number of brokerages have issued reports on HEPS. HSBC cut D-Market Elektronik Hizmetler ve Ticaret A.S. from a “buy” rating to a “hold” rating and set a $3.50 price objective for the company. in a research note on Wednesday, January 22nd. Hsbc Global Res cut 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. Profile

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.