Shares of IF Bancorp, Inc. (NASDAQ:IROQ - Get Free Report) crossed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of $21.92 and traded as high as $24.36. IF Bancorp shares last traded at $24.31, with a volume of 1,477 shares.
IF Bancorp Price Performance
The company's fifty day moving average price is $23.90 and its two-hundred day moving average price is $21.94. The company has a quick ratio of 0.94, a current ratio of 0.94 and a debt-to-equity ratio of 1.30. The company has a market cap of $80.88 million, a price-to-earnings ratio of 25.95 and a beta of 0.47.
IF Bancorp (NASDAQ:IROQ - Get Free Report) last announced its earnings results on Thursday, January 30th. The savings and loans company reported $0.38 earnings per share for the quarter. IF Bancorp had a net margin of 6.18% and a return on equity of 3.97%.
IF Bancorp Increases Dividend
The company also recently announced a quarterly dividend, which will be paid on Tuesday, April 15th. Shareholders of record on Friday, March 21st will be paid a $0.20 dividend. This is a boost from IF Bancorp's previous quarterly dividend of $0.05. The ex-dividend date is Friday, March 21st. This represents a $0.80 annualized dividend and a yield of 3.32%. IF Bancorp's payout ratio is presently 43.01%.
Institutional Trading of IF Bancorp
A number of institutional investors have recently made changes to their positions in IROQ. LPL Financial LLC acquired a new position in shares of IF Bancorp during the 4th quarter worth approximately $234,000. Alliancebernstein L.P. increased its holdings in IF Bancorp by 405.6% during the fourth quarter. Alliancebernstein L.P. now owns 62,204 shares of the savings and loans company's stock worth $1,410,000 after buying an additional 49,902 shares during the last quarter. Geode Capital Management LLC raised its position in IF Bancorp by 4.8% during the fourth quarter. Geode Capital Management LLC now owns 22,619 shares of the savings and loans company's stock worth $520,000 after acquiring an additional 1,036 shares in the last quarter. Dimensional Fund Advisors LP lifted its stake in IF Bancorp by 9.5% in the fourth quarter. Dimensional Fund Advisors LP now owns 15,173 shares of the savings and loans company's stock valued at $349,000 after acquiring an additional 1,320 shares during the last quarter. Finally, Stilwell Value LLC grew its position in shares of IF Bancorp by 11.1% in the 4th quarter. Stilwell Value LLC now owns 291,150 shares of the savings and loans company's stock valued at $6,784,000 after acquiring an additional 29,101 shares during the period. Institutional investors own 44.11% of the company's stock.
IF Bancorp Company Profile
(
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IF Bancorp, Inc operates as the savings and loan holding company for Iroquois Federal Savings and Loan Association that provides a range of banking and financial services to individual and corporate clients. The company offers various deposit accounts, including savings accounts, certificates of deposit, money market accounts, commercial and personal checking accounts, individual retirement accounts, and health savings accounts.
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