Citizens Community Bancorp (NASDAQ:CZWI) Director James Moll Sells 2,000 Shares of Stock

Citizens Community Bancorp, Inc. (NASDAQ:CZWI) Director James Moll sold 2,000 shares of the stock in a transaction dated Monday, May 18th. The shares were sold at an average price of $20.58, for a total transaction of $41,160.00. Following the completion of the sale, the director owned 33,463 shares of the company’s stock, valued at $688,668.54. This trade represents a 5.64% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link.

Citizens Community Bancorp Stock Down 0.3%

Shares of NASDAQ CZWI opened at $20.51 on Tuesday. The firm has a 50-day simple moving average of $20.01 and a 200-day simple moving average of $18.54. The stock has a market capitalization of $197.72 million, a price-to-earnings ratio of 13.41 and a beta of 0.54. Citizens Community Bancorp, Inc. has a 52 week low of $12.83 and a 52 week high of $22.62.

Citizens Community Bancorp (NASDAQ:CZWI) last issued its earnings results on Monday, April 27th. The bank reported $0.39 EPS for the quarter, beating 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 net margin of 15.02% and a return on equity of 8.00%. As a group, equities research analysts expect that Citizens Community Bancorp, Inc. will post 1.81 EPS 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 given a dividend of $0.105 per share. This represents a $0.42 annualized dividend and a yield of 2.0%. The ex-dividend date is Friday, May 8th. Citizens Community Bancorp’s dividend payout ratio (DPR) is presently 27.45%.

Analysts Set New Price Targets

Separately, Weiss Ratings upgraded shares of Citizens Community Bancorp from a “buy (b-)” rating to a “buy (b)” rating in a research report on Monday, May 11th. One analyst has rated the stock with a Buy rating and one has issued a Hold rating to the company’s stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy”.

Institutional Investors Weigh In On Citizens Community Bancorp

Several hedge funds and other institutional investors have recently bought and sold shares of the company. Wellington Management Group LLP increased its position in Citizens Community Bancorp by 123.3% during the fourth quarter. Wellington Management Group LLP now owns 691,414 shares of the bank’s stock worth $12,321,000 after purchasing an additional 381,805 shares during the last quarter. Vanguard Group Inc. increased its position in Citizens Community Bancorp by 0.6% during the third quarter. Vanguard Group Inc. now owns 559,094 shares of the bank’s stock worth $8,985,000 after purchasing an additional 3,320 shares during the last quarter. Dimensional Fund Advisors LP increased its position in Citizens Community Bancorp by 3.1% during the first quarter. Dimensional Fund Advisors LP now owns 346,741 shares of the bank’s stock worth $6,865,000 after purchasing an additional 10,515 shares during the last quarter. Geode Capital Management LLC increased its position in Citizens Community Bancorp by 116.2% during the second quarter. Geode Capital Management LLC now owns 214,308 shares of the bank’s stock worth $2,958,000 after purchasing an additional 115,171 shares during the last quarter. Finally, UBS Group AG boosted its stake in Citizens Community Bancorp by 123.9% during the fourth quarter. UBS Group AG now owns 169,805 shares of the bank’s stock worth $3,026,000 after buying an additional 93,952 shares during the period. 55.11% of the stock is currently owned by institutional investors and hedge funds.

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.