A turning device having a tubular body for knitted tubular articles which comprises a main supporting structure which supports the tubular body arranged with its axis being vertical, said tubular body having an upper axial end beveled along a plane that is inclined with respect to its axis, first actuation means being provided which can be activated to perform a translation of said tubular body along its axis with respect to said main supporting structure, said tubular body being insertable, with its upper axial end, through an axial end of a tubular article in order to turn it inside out, and further comprising second actuation means which can be activated to rotate said tubular body about its axis, through an angle of predetermined breadth, with respect to said main supporting structure, wherein said tubular body is supported so that the tubular body can rotate about its axis, by a supporting element which is supported so that the tubular body can slide, along a direction that is parallel to the axis of said tubular body and further including said tubular body being connected coaxially by means of a lower axial end thereof, to a lower sleeve which is supported so that the lower sleeve can rotate about its own axis, and said second actuation means comprise a cylindrical helical slot extended on a lateral surface of said lower sleeve and a pin supported by said main supporting structure and engageable on command with said cylindrical helical slot upon the translation of said lower sleeve, together with said tubular body, along its axis with respect to said main supporting structure by the action of said first actuation means.