BNP Paribas Financial Markets Invests $2.74 Million in D-Market Elektronik Hizmetler ve Ticaret A.S. (NASDAQ:HEPS)

BNP Paribas Financial Markets bought a new stake in D-Market Elektronik Hizmetler ve Ticaret A.S. (NASDAQ:HEPS) during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund bought 902,528 shares of the company’s stock, valued at approximately $2,735,000.

Several other hedge funds and other institutional investors have also bought and sold shares of the company. Arrowstreet Capital Limited Partnership lifted its holdings in D-Market Elektronik Hizmetler ve Ticaret A.S. by 2.4% in the fourth quarter. Arrowstreet Capital Limited Partnership now owns 249,664 shares of the company’s stock valued at $756,000 after buying an additional 5,855 shares during the period. Jump Financial LLC acquired a new position in D-Market Elektronik Hizmetler ve Ticaret A.S. in the fourth quarter valued at $66,000. NewEdge Advisors LLC lifted its holdings in D-Market Elektronik Hizmetler ve Ticaret A.S. by 166.5% in the fourth quarter. NewEdge Advisors LLC now owns 43,937 shares of the company’s stock valued at $133,000 after buying an additional 27,448 shares during the period. JPMorgan Chase & Co. lifted its holdings in D-Market Elektronik Hizmetler ve Ticaret A.S. by 809.2% in the third quarter. JPMorgan Chase & Co. now owns 95,780 shares of the company’s stock valued at $216,000 after buying an additional 85,245 shares during the period. Finally, Rangeley Capital LLC acquired a new position in D-Market Elektronik Hizmetler ve Ticaret A.S. in the fourth quarter valued at $303,000. Institutional investors and hedge funds own 40.46% of the company’s stock.

Analysts Set New Price Targets

Several equities analysts recently 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 report on Wednesday, January 22nd. Hsbc Global Res lowered shares of D-Market Elektronik Hizmetler ve Ticaret A.S. from a “strong-buy” rating to a “hold” rating in a report on Wednesday, January 22nd.

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

Shares of NASDAQ HEPS opened at $2.70 on Friday. The firm’s 50-day moving average price is $2.80 and its 200-day moving average price is $3.07. D-Market Elektronik Hizmetler ve Ticaret A.S. has a 1-year low of $1.59 and a 1-year high of $4.05. The firm has a market capitalization of $867.73 million, a P/E ratio of -18.00 and a beta of 2.42. The company has a current ratio of 1.02, a quick ratio of 0.66 and a debt-to-equity ratio of 0.18.

D-Market Elektronik Hizmetler ve Ticaret A.S. (NASDAQ:HEPS) last announced its quarterly earnings data on Thursday, May 8th. The company reported ($0.03) earnings per share for the quarter. D-Market Elektronik Hizmetler ve Ticaret A.S. had a negative net margin of 3.28% and a negative return on equity of 30.48%. The company had revenue of $0.40 million for the quarter. 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.

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.