IF Bancorp (NASDAQ:IROQ) Shares Cross Above Two Hundred Day Moving Average of $17.09

IF Bancorp, Inc. (NASDAQ:IROQ) shares passed above its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of $17.09 and traded as high as $20.13. IF Bancorp shares last traded at $20.13, with a volume of 3,479 shares traded.

IF Bancorp Trading Up 1.7 %

The stock’s 50 day moving average is $17.97 and its 200-day moving average is $17.09. The company has a market cap of $67.44 million, a P/E ratio of 33.00 and a beta of 0.51. The company has a current ratio of 0.84, a quick ratio of 0.84 and a debt-to-equity ratio of 0.45.

IF Bancorp (NASDAQ:IROQ) last issued its earnings results on Thursday, August 29th. The savings and loans company reported $0.13 earnings per share (EPS) for the quarter. The firm had revenue of $5.70 million for the quarter. IF Bancorp had a net margin of 3.95% and a return on equity of 2.50%.

IF Bancorp Dividend Announcement

The firm also recently announced a Semi-Annual dividend, which will be paid on Friday, October 18th. Shareholders of record on Friday, September 27th will be paid a dividend of $0.20 per share. The ex-dividend date of this dividend is Friday, September 27th. This represents a yield of 2.3%. IF Bancorp’s dividend payout ratio is 65.57%.

Institutional Investors Weigh In On IF Bancorp

A hedge fund recently raised its stake in IF Bancorp stock. Gendell Jeffrey L raised its stake in shares of IF Bancorp, Inc. (NASDAQ:IROQ) by 14.7% during the 1st quarter, according to its most recent filing with the SEC. The firm owned 312,151 shares of the savings and loans company’s stock after acquiring an additional 40,111 shares during the period. Gendell Jeffrey L owned approximately 9.32% of IF Bancorp worth $5,191,000 as of its most recent SEC filing. Hedge funds and other institutional investors own 44.11% of the company’s stock.

About IF Bancorp

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.