ABS Direct Equity Fund LLC Invests $545,000 in D-Market Elektronik Hizmetler ve Ticaret A.S. (NASDAQ:HEPS)

ABS Direct Equity Fund LLC acquired a new stake in D-Market Elektronik Hizmetler ve Ticaret A.S. (NASDAQ:HEPS) in the 4th quarter, HoldingsChannel.com reports. The institutional investor acquired 180,000 shares of the company’s stock, valued at approximately $545,000.

Several other institutional investors and hedge funds have also recently bought and sold shares of the company. Jane Street Group LLC lifted its position in shares of D-Market Elektronik Hizmetler ve Ticaret A.S. by 148.7% in the 3rd quarter. Jane Street Group LLC now owns 48,583 shares of the company’s stock worth $110,000 after buying an additional 29,046 shares during the last quarter. GAMMA Investing LLC raised its stake in D-Market Elektronik Hizmetler ve Ticaret A.S. by 18.0% during the fourth quarter. GAMMA Investing LLC now owns 27,250 shares of the company’s stock worth $83,000 after acquiring an additional 4,152 shares during the period. State Street Corp lifted its holdings in D-Market Elektronik Hizmetler ve Ticaret A.S. by 7.3% in the third quarter. State Street Corp now owns 701,050 shares of the company’s stock worth $1,584,000 after acquiring an additional 47,639 shares during the last quarter. XTX Topco Ltd acquired a new position in D-Market Elektronik Hizmetler ve Ticaret A.S. in the second quarter valued at approximately $58,000. Finally, Mackenzie Financial Corp bought a new position in shares of D-Market Elektronik Hizmetler ve Ticaret A.S. during the second quarter valued at approximately $29,000. Institutional investors and hedge funds own 40.46% of the company’s stock.

Analysts Set New Price Targets

HEPS has been the subject of a number of recent research reports. Hsbc Global Res downgraded 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. HSBC cut shares of D-Market Elektronik Hizmetler ve Ticaret A.S. from a “buy” rating to a “hold” rating and set a $3.50 price objective on the stock. in a report on Wednesday, January 22nd.

D-Market Elektronik Hizmetler ve Ticaret A.S. Stock Down 1.9 %

Shares of NASDAQ HEPS opened at $3.06 on Tuesday. D-Market Elektronik Hizmetler ve Ticaret A.S. has a 1 year low of $1.25 and a 1 year high of $4.05. The stock has a fifty day moving average price of $3.11 and a two-hundred day moving average price of $2.92. The company has a quick ratio of 0.66, a current ratio of 1.02 and a debt-to-equity ratio of 0.18.

D-Market Elektronik Hizmetler ve Ticaret A.S. (NASDAQ:HEPS) last released 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 net margin of 3.28% and a negative return on equity of 30.48%. As a group, equities analysts forecast that D-Market Elektronik Hizmetler ve Ticaret A.S. will post -0.03 earnings per share for the current fiscal year.

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