Turkish Investment Fund Inc 2016 Q4 Institutional Investor Sentiment Better Than Expected

June 20, 2017 - By Adrian Erickson

 Turkish Investment Fund Inc  2016 Q4 Institutional Investor Sentiment  Better Than Expected

Sentiment for Turkish Investment Fund Inc (NYSE:TKF)

Turkish Investment Fund Inc (NYSE:TKF) institutional sentiment increased to 1.38 in 2016 Q4. Its up 0.27, from 1.11 in 2016Q3. The ratio is better, as 11 active investment managers opened new and increased positions, while 8 trimmed and sold stakes in Turkish Investment Fund Inc. The active investment managers in our partner’s database now hold: 839,988 shares, down from 1.28 million shares in 2016Q3. Also, the number of active investment managers holding Turkish Investment Fund Inc in their top 10 positions was flat from 0 to 0 for the same number . Sold All: 3 Reduced: 5 Increased: 6 New Position: 5.

The Turkish Investment Fund, Inc. is a non-diversified, closed-end management investment company. The company has market cap of $45.09 million. The Fund’s investment objective is long-term capital appreciation through investments primarily in equity securities of Turkish firms. It has a 129.13 P/E ratio. The Fund invests in the Institutional Class of the Morgan Stanley Institutional Liquidity Funds.

About 2,810 shares traded. Turkish Investment Fund Inc (NYSE:TKF) has risen 13.63% since June 20, 2016 and is uptrending. It has underperformed by 3.07% the S&P500.

City Of London Investment Management Co Ltd holds 0.22% of its portfolio in Turkish Investment Fund Inc for 400,064 shares. Gramercy Funds Management Llc owns 58,646 shares or 0.2% of their US portfolio. Moreover, Alpine Partners Vi Llc has 0.14% invested in the company for 44,073 shares. The Alabama-based Cornerstone Advisors Inc has invested 0.09% in the stock. Doliver Capital Advisors Inc., a Texas-based fund reported 16,134 shares.#img1#

More notable recent Turkish Investment Fund Inc (NYSE:TKF) news were published by: Seekingalpha.com which released: “Is It Time To Buy Turkey For Christmas?” on December 14, 2016, also Marketwatch.com with their article: “9.59” published on January 31, 2011, Businesswire.com published: “The Turkish Investment Fund, Inc. Announces Information Regarding Liquidation …” on March 10, 2017. More interesting news about Turkish Investment Fund Inc (NYSE:TKF) were released by: Streetinsider.com and their article: “Form DEFA14A TURKISH INVESTMENT FUND,” published on June 02, 2017 as well as Quotes.Wsj.com‘s news article titled: “Turkish Investment Fund Inc. TKF (US: NYSE)” with publication date: February 11, 2011.

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.