Francis Felber Purchases 500 Shares of Citizens Community Bancorp (NASDAQ:CZWI) Stock

Citizens Community Bancorp, Inc. (NASDAQ:CZWI) Director Francis Felber acquired 500 shares of the business’s stock in a transaction that occurred on Monday, May 18th. The shares were purchased at an average cost of $20.60 per share, for a total transaction of $10,300.00. Following the completion of the transaction, the director directly owned 21,450 shares in the company, valued at $441,870. The trade was a 2.39% increase in their position. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink.

Citizens Community Bancorp Price Performance

CZWI stock traded down $0.07 during trading on Monday, hitting $20.51. 28,102 shares of the stock traded hands, compared to its average volume of 46,476. 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 moving average is $19.95 and its two-hundred day moving average is $18.51. The stock has a market cap of $197.72 million, a price-to-earnings ratio of 13.41 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 EPS for the quarter, beating the consensus estimate of $0.36 by $0.03. Citizens Community Bancorp had a net margin of 15.02% and a return on equity of 8.00%. The company had revenue of $16.11 million for the quarter, compared to the consensus estimate of $15.70 million. As a group, analysts anticipate that Citizens Community Bancorp, Inc. will post 1.81 EPS 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 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 of this dividend is Friday, May 8th. Citizens Community Bancorp’s dividend payout ratio is 27.45%.

Analysts Set New Price Targets

Separately, Weiss Ratings raised shares of Citizens Community Bancorp from a “buy (b-)” rating to a “buy (b)” rating in a report on Monday, May 11th. One equities research analyst has rated the stock with a Buy rating and one has given a Hold rating to the stock. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy”.

Institutional Trading of Citizens Community Bancorp

A number of institutional investors have recently made changes to their positions in the stock. BNP Paribas Financial Markets boosted its holdings in shares of Citizens Community Bancorp by 37.5% during the 3rd quarter. BNP Paribas Financial Markets now owns 2,816 shares of the bank’s stock valued at $45,000 after acquiring an additional 768 shares during the last quarter. Hsbc Holdings PLC boosted its holdings in shares of Citizens Community Bancorp by 3.6% during the 4th quarter. Hsbc Holdings PLC now owns 30,321 shares of the bank’s stock valued at $540,000 after acquiring an additional 1,044 shares during the last quarter. Ritholtz Wealth Management boosted its holdings in shares of Citizens Community Bancorp by 3.9% during the 4th quarter. Ritholtz Wealth Management now owns 34,118 shares of the bank’s stock valued at $608,000 after acquiring an additional 1,268 shares during the last quarter. Barclays PLC boosted its holdings in shares of Citizens Community Bancorp by 3.7% during the 4th quarter. Barclays PLC now owns 37,077 shares of the bank’s stock valued at $661,000 after acquiring an additional 1,323 shares during the last quarter. Finally, Empowered Funds LLC boosted its holdings in shares of Citizens Community Bancorp by 3.4% during the 1st quarter. Empowered Funds LLC now owns 61,373 shares of the bank’s stock valued at $883,000 after acquiring an additional 2,041 shares during the last quarter. Hedge funds and other institutional investors own 55.11% of the company’s stock.

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.