UBS Group AG Grows Stock Position in D-MARKET Electronic Services & Trading Unsponsored ADR $HEPS

UBS Group AG boosted its stake in D-MARKET Electronic Services & Trading Unsponsored ADR (NASDAQ:HEPS) by 29.0% in the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 892,087 shares of the company’s stock after acquiring an additional 200,404 shares during the quarter. UBS Group AG owned about 0.25% of D-MARKET Electronic Services & Trading worth $2,212,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Luxor Capital Group LP boosted its stake in shares of D-MARKET Electronic Services & Trading by 8.7% during the 3rd quarter. Luxor Capital Group LP now owns 3,912,903 shares of the company’s stock valued at $10,526,000 after buying an additional 314,719 shares during the last quarter. GSA Capital Partners LLP purchased a new position in shares of D-MARKET Electronic Services & Trading during the 3rd quarter valued at approximately $638,000. Wealth Enhancement Advisory Services LLC purchased a new position in shares of D-MARKET Electronic Services & Trading during the 3rd quarter valued at approximately $164,000. VR Advisory Services Ltd boosted its stake in shares of D-MARKET Electronic Services & Trading by 14.4% during the 3rd quarter. VR Advisory Services Ltd now owns 15,941,737 shares of the company’s stock valued at $42,883,000 after buying an additional 2,007,252 shares during the last quarter. Finally, BNP Paribas Financial Markets boosted its stake in shares of D-MARKET Electronic Services & Trading by 2.4% during the 2nd quarter. BNP Paribas Financial Markets now owns 965,408 shares of the company’s stock valued at $2,607,000 after buying an additional 22,445 shares during the last quarter. Hedge funds and other institutional investors own 40.46% of the company’s stock.

Analysts Set New Price Targets

Separately, Wall Street Zen upgraded D-MARKET Electronic Services & Trading from a “sell” rating to a “hold” rating in a research note on Saturday, February 28th. Two analysts have rated the stock with a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat.com, D-MARKET Electronic Services & Trading presently has an average rating of “Reduce” and a consensus target price of $3.07.

D-MARKET Electronic Services & Trading Stock Performance

D-MARKET Electronic Services & Trading stock opened at $2.76 on Thursday. The stock has a market cap of $985.94 million, a P/E ratio of -6.00 and a beta of 2.12. The company has a current ratio of 0.82, a quick ratio of 0.54 and a debt-to-equity ratio of 0.50. The stock has a 50 day moving average of $2.73 and a 200-day moving average of $2.64. D-MARKET Electronic Services & Trading Unsponsored ADR has a 52 week low of $2.15 and a 52 week high of $3.33.

D-MARKET Electronic Services & Trading (NASDAQ:HEPS) last released its earnings results on Thursday, May 7th. The company reported ($0.06) EPS for the quarter. D-MARKET Electronic Services & Trading had a negative net margin of 6.95% and a negative return on equity of 338.17%. The business had revenue of $508.30 million for the quarter.

About D-MARKET Electronic Services & Trading

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. It also offers Hepsiburada Market, an app-in-app initiative and on-demand delivery service that delivers groceries and water; HepsiJet that provides last-mile delivery services; HepsiLojistik, which offers storage and fulfillment services; HepsiMat, an offline network of pick-up and drop-off point; HepsiAd that provides advertising service; HepsiGlobal for discovering and purchasing products from international merchants online; Hepsipay, which offers an e-money and payment services; and Hepsiburada Seyahat for buying airline tickets online.