Kirr Marbach & Co. LLC IN Has $356,000 Stock Holdings in Apple Inc. (NASDAQ:AAPL)

Kirr Marbach & Co. LLC IN lowered its stake in Apple Inc. (NASDAQ:AAPL) by 6.6% during the fourth quarter, according to the company in its most recent filing with the SEC. The fund owned 1,422 shares of the iPhone maker’s stock after selling 100 shares during the period. Kirr Marbach & Co. LLC IN’s holdings in Apple were worth $356,000 as of its most recent filing with the SEC.

Several other large investors have also recently bought and sold shares of AAPL. Bull Oak Capital LLC boosted its position in shares of Apple by 252.3% in the third quarter. Bull Oak Capital LLC now owns 155 shares of the iPhone maker’s stock valued at $36,000 after acquiring an additional 111 shares during the period. Christopher J. Hasenberg Inc increased its position in Apple by 88.9% during the third quarter. Christopher J. Hasenberg Inc now owns 306 shares of the iPhone maker’s stock worth $69,000 after acquiring an additional 144 shares during the period. SPX Gestao de Recursos Ltda acquired a new stake in Apple in the 3rd quarter worth about $71,000. Teachers Insurance & Annuity Association of America bought a new stake in Apple in the 3rd quarter valued at about $77,000. Finally, ARK Investment Management LLC acquired a new position in shares of Apple during the 3rd quarter worth approximately $110,000. 67.73% of the stock is owned by institutional investors.

Apple Stock Performance

Shares of AAPL stock opened at $218.27 on Monday. The company has a debt-to-equity ratio of 1.26, a current ratio of 0.92 and a quick ratio of 0.88. Apple Inc. has a one year low of $164.08 and a one year high of $260.10. The business’s 50 day simple moving average is $231.82 and its 200 day simple moving average is $233.42. The stock has a market capitalization of $3.28 trillion, a PE ratio of 34.65, a PEG ratio of 2.44 and a beta of 1.18.

Apple (NASDAQ:AAPL) last posted its quarterly earnings data on Thursday, January 30th. The iPhone maker reported $2.40 EPS for the quarter, beating analysts’ consensus estimates of $2.36 by $0.04. Apple had a net margin of 24.30% and a return on equity of 160.83%. As a group, research analysts forecast that Apple Inc. will post 7.28 earnings per share for the current year.

Apple Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, February 13th. Stockholders of record on Monday, February 10th were given a $0.25 dividend. This represents a $1.00 annualized dividend and a dividend yield of 0.46%. The ex-dividend date was Monday, February 10th. Apple’s dividend payout ratio (DPR) is presently 15.87%.

Analyst Ratings Changes

A number of equities research analysts have recently weighed in on the stock. Barclays lifted their price target on shares of Apple from $183.00 to $197.00 and gave the company an “underweight” rating in a research report on Friday, January 31st. Sanford C. Bernstein upped their target price on Apple from $240.00 to $260.00 and gave the company an “outperform” rating in a research report on Friday, January 3rd. JPMorgan Chase & Co. increased their target price on Apple from $260.00 to $270.00 and gave the stock an “overweight” rating in a report on Friday, January 31st. Needham & Company LLC reaffirmed a “buy” rating and issued a $260.00 price target on shares of Apple in a research note on Friday, January 31st. Finally, UBS Group upped their price objective on shares of Apple to $236.00 and gave the stock a “hold” rating in a research report on Tuesday, February 25th. Four analysts have rated the stock with a sell rating, ten have assigned a hold rating, twenty-one have issued a buy rating and two have assigned a strong buy rating to the stock. Based on data from MarketBeat.com, Apple presently has a consensus rating of “Moderate Buy” and an average price target of $243.65.

About Apple

Apple Inc designs, manufactures, and markets smartphones, personal computers, tablets, wearables, and accessories worldwide. The company offers iPhone, a line of smartphones; Mac, a line of personal computers; iPad, a line of multi-purpose tablets; and wearables, home, and accessories comprising AirPods, Apple TV, Apple Watch, Beats products, and HomePod.