Citizens Community Bancorp (NASDAQ:CZWI) Director James Moll Sells 3,000 Shares of Stock

Citizens Community Bancorp, Inc. (NASDAQ:CZWI) Director James Moll sold 3,000 shares of Citizens Community Bancorp stock in a transaction dated Thursday, May 14th. The stock was sold at an average price of $21.00, for a total value of $63,000.00. Following the completion of the sale, the director owned 35,463 shares in the company, valued at approximately $744,723. The trade was a 7.80% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink.

Citizens Community Bancorp Trading Down 1.7%

CZWI stock opened at $20.58 on Friday. Citizens Community Bancorp, Inc. has a 12-month low of $12.83 and a 12-month high of $22.62. The stock has a market cap of $198.39 million, a price-to-earnings ratio of 13.45 and a beta of 0.54. The business’s 50-day moving average is $19.95 and its 200 day moving average is $18.49.

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

Citizens Community Bancorp Announces Dividend

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

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently made changes to their positions in CZWI. BNP Paribas Financial Markets boosted its holdings in shares of Citizens Community Bancorp by 611.1% during the 2nd quarter. BNP Paribas Financial Markets now owns 2,048 shares of the bank’s stock worth $28,000 after purchasing an additional 1,760 shares during the last quarter. Osaic Holdings Inc. lifted its holdings in Citizens Community Bancorp by 858.5% in the second quarter. Osaic Holdings Inc. now owns 3,000 shares of the bank’s stock valued at $41,000 after acquiring an additional 2,687 shares during the last quarter. Bank of America Corp DE lifted its holdings in Citizens Community Bancorp by 5,348.0% in the second quarter. Bank of America Corp DE now owns 4,086 shares of the bank’s stock valued at $56,000 after acquiring an additional 4,011 shares during the last quarter. JPMorgan Chase & Co. acquired a new position in Citizens Community Bancorp in the second quarter valued at approximately $63,000. Finally, MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. acquired a new position in Citizens Community Bancorp in the second quarter valued at approximately $72,000. 55.11% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

Separately, Weiss Ratings upgraded Citizens Community Bancorp from a “buy (b-)” rating to a “buy (b)” rating in a report on Monday. One investment 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 an average 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.