IF Bancorp (NASDAQ:IROQ) Shares Pass Above 200 Day Moving Average - What's Next?

IF Bancorp, Inc. (NASDAQ:IROQ - Get Free Report) shares crossed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of $21.04 and traded as high as $24.23. IF Bancorp shares last traded at $24.23, with a volume of 544 shares traded.

IF Bancorp Trading Down 0.3 %

The company has a market capitalization of $80.90 million, a price-to-earnings ratio of 25.97 and a beta of 0.49. The company has a debt-to-equity ratio of 1.06, a current ratio of 0.91 and a quick ratio of 0.91. The business's 50-day moving average price is $23.59 and its two-hundred day moving average price is $21.14.

IF Bancorp (NASDAQ:IROQ - Get Free Report) last released 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 return on equity of 3.99% and a net margin of 6.18%.

IF Bancorp Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, April 15th. Shareholders of record on Friday, March 21st will be paid a dividend of $0.20 per share. This represents a $0.80 dividend on an annualized basis and a yield of 3.31%. This is an increase from IF Bancorp's previous quarterly dividend of $0.05. The ex-dividend date is Friday, March 21st. IF Bancorp's dividend payout ratio is presently 43.01%.

Institutional Trading of IF Bancorp

Institutional investors and hedge funds have recently made changes to their positions in the company. Stilwell Value LLC increased its stake in IF Bancorp by 11.1% in the fourth 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 last quarter. Alliancebernstein L.P. raised its position in IF Bancorp by 405.6% in the fourth quarter. Alliancebernstein L.P. now owns 62,204 shares of the savings and loans company's stock valued at $1,410,000 after purchasing an additional 49,902 shares during the last quarter. Geode Capital Management LLC boosted its stake in shares of 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 valued at $520,000 after purchasing an additional 1,036 shares in the last quarter. Dimensional Fund Advisors LP boosted its position in IF Bancorp by 9.5% during the 4th quarter. Dimensional Fund Advisors LP now owns 15,173 shares of the savings and loans company's stock worth $349,000 after buying an additional 1,320 shares during the period. Finally, Northern Trust Corp acquired a new position in IF Bancorp during the 4th quarter worth about $294,000. Institutional investors own 44.11% of the company's stock.

IF Bancorp Company Profile

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.