Insider Buying: Citizens Community Bancorp (NASDAQ:CZWI) Director Buys $23,045.00 in Stock

Citizens Community Bancorp, Inc. (NASDAQ:CZWI) Director Michael Conner acquired 1,100 shares of the firm’s stock in a transaction on Thursday, April 30th. The shares were bought at an average cost of $20.95 per share, with a total value of $23,045.00. Following the completion of the acquisition, the director owned 15,986 shares in the company, valued at $334,906.70. This represents a 7.39% increase in their ownership of the stock. The acquisition was disclosed in a document filed with the SEC, which is available at this hyperlink.

Citizens Community Bancorp Stock Performance

Shares of Citizens Community Bancorp stock opened at $21.04 on Thursday. Citizens Community Bancorp, Inc. has a 1 year low of $12.83 and a 1 year high of $22.62. The firm’s 50-day simple moving average is $19.52 and its 200-day simple moving average is $18.24. The firm has a market cap of $202.62 million, a PE ratio of 13.75 and a beta of 0.54.

Citizens Community Bancorp (NASDAQ:CZWI) last announced its quarterly earnings data on Monday, April 27th. The bank reported $0.39 earnings per share for the quarter, beating the consensus estimate of $0.36 by $0.03. Citizens Community Bancorp had a return on equity of 8.05% and a net margin of 15.02%.The firm had revenue of $16.11 million during the quarter, compared to analyst estimates of $15.70 million. On average, equities analysts predict that Citizens Community Bancorp, Inc. will post 1.81 earnings per share for the current year.

Citizens Community Bancorp Announces Dividend

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 paid a dividend of $0.105 per share. The ex-dividend date is Friday, May 8th. This represents a $0.42 annualized dividend and a yield of 2.0%. Citizens Community Bancorp’s dividend payout ratio (DPR) is 27.45%.

Institutional Trading of Citizens Community Bancorp

Hedge funds have recently made changes to their positions in the stock. Wellington Management Group LLP boosted its position in Citizens Community Bancorp by 123.3% during the 4th quarter. Wellington Management Group LLP now owns 691,414 shares of the bank’s stock valued at $12,321,000 after purchasing an additional 381,805 shares during the period. Vanguard Group Inc. increased its position in Citizens Community Bancorp by 0.6% in the third quarter. Vanguard Group Inc. now owns 559,094 shares of the bank’s stock worth $8,985,000 after buying an additional 3,320 shares during the period. Dimensional Fund Advisors LP lifted its stake in Citizens Community Bancorp by 2.1% in the fourth quarter. Dimensional Fund Advisors LP now owns 336,226 shares of the bank’s stock valued at $5,992,000 after buying an additional 7,058 shares during the last quarter. Geode Capital Management LLC lifted its stake in Citizens Community Bancorp by 116.2% in the second quarter. Geode Capital Management LLC now owns 214,308 shares of the bank’s stock valued at $2,958,000 after buying an additional 115,171 shares during the last quarter. Finally, UBS Group AG boosted its holdings in shares of Citizens Community Bancorp by 123.9% during the fourth quarter. UBS Group AG now owns 169,805 shares of the bank’s stock valued at $3,026,000 after acquiring an additional 93,952 shares during the period. Institutional investors own 55.11% of the company’s stock.

Wall Street Analysts Forecast Growth

Separately, Weiss Ratings upgraded shares of Citizens Community Bancorp from a “hold (c+)” rating to a “buy (b-)” rating in a research note on Friday, March 20th. One equities research analyst has rated the stock with a Buy rating and one has given a Hold rating to the stock. Based on data from MarketBeat, Citizens Community Bancorp currently 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.