Citizens Community Bancorp (NASDAQ:CZWI) Director Sells $63,000.00 in Stock

Citizens Community Bancorp, Inc. (NASDAQ:CZWI) Director James Moll sold 3,000 shares of the business’s stock in a transaction on Thursday, May 14th. The stock was sold at an average price of $21.00, for a total value of $63,000.00. Following the sale, the director owned 35,463 shares of the company’s stock, valued at approximately $744,723. The trade was a 7.80% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link.

Citizens Community Bancorp Stock Down 1.7%

CZWI stock traded down $0.35 during midday trading on Friday, reaching $20.58. The company’s stock had a trading volume of 12,063 shares, compared to its average volume of 46,674. Citizens Community Bancorp, Inc. has a 52 week low of $12.83 and a 52 week high of $22.62. The stock has a market cap of $198.39 million, a PE ratio of 13.45 and a beta of 0.54. The business’s 50-day simple moving average is $19.90 and its 200-day simple moving average is $18.47.

Citizens Community Bancorp (NASDAQ:CZWI) last announced its quarterly earnings data on Monday, April 27th. The bank reported $0.39 EPS for the quarter, topping analysts’ consensus estimates of $0.36 by $0.03. The business had revenue of $16.11 million during the quarter, compared to analysts’ expectations of $15.70 million. Citizens Community Bancorp had a return on equity of 8.00% and a net margin of 15.02%. As a group, equities analysts forecast that Citizens Community Bancorp, Inc. will post 1.81 earnings per share for the current fiscal year.

Citizens Community Bancorp Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Friday, May 22nd. Investors of record on Friday, May 8th will be issued a dividend of $0.105 per share. The ex-dividend date is Friday, May 8th. This represents a $0.42 dividend on an annualized basis and a yield of 2.0%. Citizens Community Bancorp’s payout ratio is currently 27.45%.

Hedge Funds Weigh In On Citizens Community Bancorp

A number of large investors have recently added to or reduced their stakes in the company. BNP Paribas Financial Markets lifted its holdings in shares of Citizens Community Bancorp by 37.5% in the third quarter. BNP Paribas Financial Markets now owns 2,816 shares of the bank’s stock valued at $45,000 after purchasing an additional 768 shares in the last quarter. Hsbc Holdings PLC raised its holdings in Citizens Community Bancorp by 3.6% during the fourth quarter. Hsbc Holdings PLC now owns 30,321 shares of the bank’s stock worth $540,000 after acquiring an additional 1,044 shares in the last quarter. Ritholtz Wealth Management raised its holdings in Citizens Community Bancorp by 3.9% during the fourth quarter. Ritholtz Wealth Management now owns 34,118 shares of the bank’s stock worth $608,000 after acquiring an additional 1,268 shares in the last quarter. Barclays PLC raised its holdings in Citizens Community Bancorp by 3.7% during the fourth quarter. Barclays PLC now owns 37,077 shares of the bank’s stock worth $661,000 after acquiring an additional 1,323 shares in the last quarter. Finally, Empowered Funds LLC raised its holdings in Citizens Community Bancorp by 3.4% during the first quarter. Empowered Funds LLC now owns 61,373 shares of the bank’s stock worth $883,000 after acquiring an additional 2,041 shares in the last quarter. Institutional investors own 55.11% of the company’s stock.

Analyst Upgrades and Downgrades

Separately, Weiss Ratings raised Citizens Community Bancorp from a “buy (b-)” rating to a “buy (b)” rating in a research note on Monday. One research analyst has rated the stock with a Buy rating and one has issued a Hold rating to the company. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy”.

About Citizens Community Bancorp

Citizens Community Bancorp, Inc is a bank holding company headquartered in Columbia Station, Ohio. Its primary subsidiary, Citizens Community Savings Bank, offers a range of community banking services to individuals and businesses. The company operates through a network of branch offices in Lorain and Medina counties and surrounding communities, providing personalized financial solutions with a focus on local relationships and customer service.

The bank’s deposit products include checking and savings accounts, money market accounts and certificates of deposit, while its lending portfolio features residential mortgage loans, home equity lines of credit, commercial real estate loans, and small-business financing.