Northern Trust Corp Takes Position in IF Bancorp, Inc. (NASDAQ:IROQ)

Northern Trust Corp acquired a new position in IF Bancorp, Inc. (NASDAQ:IROQ - Free Report) in the fourth quarter, according to its most recent Form 13F filing with the SEC. The institutional investor acquired 12,963 shares of the savings and loans company's stock, valued at approximately $294,000. Northern Trust Corp owned approximately 0.39% of IF Bancorp at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also added to or reduced their stakes in IROQ. Stilwell Value LLC increased its position in shares of IF Bancorp by 11.1% during 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 purchasing an additional 29,101 shares during the period. Alliancebernstein L.P. grew its holdings in shares of 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 valued at $1,410,000 after buying an additional 49,902 shares in the last quarter. Geode Capital Management LLC grew its stake in IF Bancorp by 4.8% in 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 grew 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 purchasing an additional 1,320 shares in the last quarter. Finally, LPL Financial LLC acquired a new stake in shares of IF Bancorp in the fourth quarter worth about $234,000. 44.11% of the stock is owned by institutional investors.

IF Bancorp Stock Down 1.6%

Shares of NASDAQ:IROQ traded down $0.39 on Thursday, reaching $24.28. The company had a trading volume of 1,424 shares, compared to its average volume of 2,809. IF Bancorp, Inc. has a twelve month low of $14.85 and a twelve month high of $25.76. The stock has a 50-day moving average price of $24.06 and a 200 day moving average price of $23.72. The stock has a market capitalization of $81.39 million, a P/E ratio of 26.11 and a beta of 0.32. The company has a quick ratio of 0.94, a current ratio of 0.94 and a debt-to-equity ratio of 1.30.

IF Bancorp (NASDAQ:IROQ - Get Free Report) last posted its quarterly earnings results on Tuesday, April 29th. The savings and loans company reported $0.31 EPS for the quarter. The firm had revenue of $6.40 million during the quarter. IF Bancorp had a return on equity of 3.97% and a net margin of 6.18%.

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.