IF Bancorp, Inc. (NASDAQ:IROQ - Get Free Report) shares passed above its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of $21.65 and traded as high as $24.13. IF Bancorp shares last traded at $24.15, with a volume of 897 shares traded.
IF Bancorp Price Performance
The stock has a market cap of $80.51 million, a PE ratio of 25.83 and a beta of 0.47. The company has a debt-to-equity ratio of 1.30, a current ratio of 0.94 and a quick ratio of 0.94. The firm's 50 day moving average price is $23.84 and its two-hundred day moving average price is $21.73.
IF Bancorp (NASDAQ:IROQ - Get Free Report) last released its quarterly earnings results on Thursday, January 30th. The savings and loans company reported $0.38 EPS 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 business also recently declared 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 represents a $0.80 dividend on an annualized basis and a yield of 3.33%. The ex-dividend date is Friday, March 21st. This is a boost from IF Bancorp's previous quarterly dividend of $0.05. IF Bancorp's payout ratio is currently 43.01%.
Institutional Investors Weigh In On IF Bancorp
Hedge funds have recently made changes to their positions in the business. LPL Financial LLC bought a new stake in shares of IF Bancorp in the 4th quarter worth approximately $234,000. Northern Trust Corp bought a new stake in shares of IF Bancorp in the 4th quarter worth approximately $294,000. Dimensional Fund Advisors LP lifted its holdings in shares of IF Bancorp by 9.5% in the 4th quarter. Dimensional Fund Advisors LP now owns 15,173 shares of the savings and loans company's stock worth $349,000 after acquiring an additional 1,320 shares during the last quarter. Geode Capital Management LLC lifted its holdings in shares of IF Bancorp by 4.8% in the 4th 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 during the last quarter. Finally, Alliancebernstein L.P. lifted its holdings in shares of IF Bancorp by 405.6% in the 4th quarter. Alliancebernstein L.P. now owns 62,204 shares of the savings and loans company's stock worth $1,410,000 after acquiring an additional 49,902 shares during the last quarter. 44.11% of the stock is currently owned by institutional investors.
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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