Citizens Community Bancorp (NASDAQ:CZWI) Director Sells $41,160.00 in Stock

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

Citizens Community Bancorp Price Performance

Shares of Citizens Community Bancorp stock opened at $20.54 on Thursday. The firm has a market capitalization of $198.01 million, a PE ratio of 13.42 and a beta of 0.54. The company’s fifty day moving average price is $20.11 and its two-hundred day moving average price is $18.61. 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 released its quarterly earnings data on Monday, April 27th. The bank reported $0.39 EPS for the quarter, topping analysts’ consensus estimates 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 during the quarter, compared to the consensus estimate of $15.70 million. Analysts predict that Citizens Community Bancorp, Inc. will post 1.81 earnings per share for the current fiscal year.

Citizens Community Bancorp Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Friday, May 22nd. Investors of record on Friday, May 8th will be given a $0.105 dividend. 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%.

Wall Street Analyst Weigh In

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

Institutional Investors Weigh In On Citizens Community Bancorp

Several institutional investors and hedge funds have recently made changes to their positions in CZWI. Goldman Sachs Group Inc. increased its position in shares of Citizens Community Bancorp by 59.2% during the 1st quarter. Goldman Sachs Group Inc. now owns 41,890 shares of the bank’s stock worth $602,000 after purchasing an additional 15,582 shares in the last quarter. Empowered Funds LLC boosted its position in Citizens Community Bancorp by 3.4% in the first quarter. Empowered Funds LLC now owns 61,373 shares of the bank’s stock valued at $883,000 after buying an additional 2,041 shares in the last quarter. Jane Street Group LLC boosted its position in Citizens Community Bancorp by 108.2% in the first quarter. Jane Street Group LLC now owns 41,813 shares of the bank’s stock valued at $601,000 after buying an additional 21,726 shares in the last quarter. Geode Capital Management LLC grew its stake 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 buying an additional 115,171 shares during the last quarter. Finally, JPMorgan Chase & Co. bought a new stake in Citizens Community Bancorp during the second quarter worth about $63,000. Institutional investors and hedge funds own 55.11% of the company’s stock.

Citizens Community Bancorp Company Profile

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.