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

Citizens Community Bancorp, Inc. (NASDAQ:CZWI) Director Francis Felber bought 500 shares of the stock in a transaction on Monday, May 18th. The shares were acquired at an average price of $20.60 per share, with a total value of $10,300.00. Following the purchase, the director owned 21,450 shares of the company’s stock, valued at $441,870. The trade was a 2.39% increase in their ownership of the stock. The acquisition was disclosed in a filing with the SEC, which can be accessed through this hyperlink.

Citizens Community Bancorp Price Performance

CZWI stock opened at $20.31 on Wednesday. Citizens Community Bancorp, Inc. has a 1-year low of $12.83 and a 1-year high of $22.62. The firm has a fifty day moving average price of $20.06 and a two-hundred day moving average price of $18.57. The firm has a market cap of $195.79 million, a price-to-earnings ratio of 13.27 and a beta of 0.54.

Citizens Community Bancorp (NASDAQ:CZWI) last released its earnings results 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 net margin of 15.02% and a return on equity of 8.00%. The firm had revenue of $16.11 million during the quarter, compared to analyst estimates of $15.70 million. As a group, analysts expect that Citizens Community Bancorp, Inc. will post 1.81 EPS for the current fiscal year.

Citizens Community Bancorp Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Friday, May 22nd. Stockholders of record on Friday, May 8th will be given a dividend of $0.105 per share. The ex-dividend date is Friday, May 8th. This represents a $0.42 annualized dividend and a dividend yield of 2.1%. Citizens Community Bancorp’s dividend payout ratio is currently 27.45%.

Institutional Investors Weigh In On Citizens Community Bancorp

Institutional investors have recently bought and sold shares of the stock. BNP Paribas Financial Markets lifted its holdings in Citizens Community Bancorp by 611.1% in the second 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 period. 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 worth $41,000 after purchasing an additional 2,687 shares during the period. 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 worth $56,000 after purchasing an additional 4,011 shares during the period. JPMorgan Chase & Co. acquired a new stake in Citizens Community Bancorp in the second quarter worth about $63,000. Finally, MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. acquired a new stake in Citizens Community Bancorp in the second quarter worth about $72,000. Institutional investors and hedge funds own 55.11% of the company’s stock.

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 investment analyst has rated the stock with a Buy rating and one has assigned a Hold rating to the company’s stock. According to MarketBeat, Citizens Community Bancorp 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.