IF Bancorp (NASDAQ:IROQ) Share Price Passes Below 200-Day Moving Average of $15.36

Shares of IF Bancorp, Inc. (NASDAQ:IROQ) crossed below its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of $15.36 and traded as low as $14.10. IF Bancorp shares last traded at $14.10, with a volume of 91,130 shares.

IF Bancorp Stock Performance

The company has a current ratio of 0.84, a quick ratio of 0.84 and a debt-to-equity ratio of 0.77. The stock has a market capitalization of $47.24 million, a PE ratio of 9.72 and a beta of 0.54. The business’s 50 day moving average is $15.23 and its 200 day moving average is $15.36.

IF Bancorp Dividend Announcement

The firm also recently declared a Semi-Annual dividend, which will be paid on Friday, October 13th. Stockholders of record on Friday, September 22nd will be issued a $0.20 dividend. The ex-dividend date is Thursday, September 21st. This represents a dividend yield of 2.6%. IF Bancorp’s dividend payout ratio is currently 27.59%.

Institutional Investors Weigh In On IF Bancorp

Large investors have recently modified their holdings of the business. BlackRock Inc. raised its stake in shares of IF Bancorp by 1,925.4% during the 2nd quarter. BlackRock Inc. now owns 17,297 shares of the savings and loans company’s stock worth $250,000 after acquiring an additional 16,443 shares in the last quarter. Geode Capital Management LLC raised its stake in shares of IF Bancorp by 18.1% during the 2nd quarter. Geode Capital Management LLC now owns 24,565 shares of the savings and loans company’s stock worth $355,000 after acquiring an additional 3,771 shares in the last quarter. Finally, Stilwell Value LLC raised its stake in shares of IF Bancorp by 62.9% during the 1st quarter. Stilwell Value LLC now owns 48,695 shares of the savings and loans company’s stock worth $757,000 after acquiring an additional 18,798 shares in the last quarter. Institutional investors own 23.76% 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.