Citizens Community Bancorp (NASDAQ:CZWI) Director Kathleen Skarvan Purchases 750 Shares of Stock

Citizens Community Bancorp, Inc. (NASDAQ:CZWI) Director Kathleen Skarvan bought 750 shares of the company’s stock in a transaction that occurred on Friday, May 8th. The stock was acquired at an average cost of $21.16 per share, for a total transaction of $15,870.00. Following the acquisition, the director directly owned 2,050 shares of the company’s stock, valued at $43,378. The trade was a 57.69% increase in their ownership of the stock. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link.

Citizens Community Bancorp Stock Performance

Shares of CZWI stock opened at $21.08 on Tuesday. The stock’s 50-day moving average is $19.71 and its two-hundred day moving average is $18.36. The firm has a market cap of $203.21 million, a price-to-earnings ratio of 13.78 and a beta of 0.54. Citizens Community Bancorp, Inc. has a 1 year low of $12.83 and a 1 year high of $22.62.

Citizens Community Bancorp (NASDAQ:CZWI) last announced its earnings results on Monday, April 27th. The bank reported $0.39 earnings per share for the quarter, topping 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 business had revenue of $16.11 million during the quarter, compared to the consensus estimate of $15.70 million. As a group, research analysts predict 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 $0.105 dividend. The ex-dividend date is Friday, May 8th. This represents a $0.42 dividend on an annualized basis and a yield of 2.0%. Citizens Community Bancorp’s dividend payout ratio (DPR) is presently 27.45%.

Analyst Upgrades and Downgrades

Separately, Weiss Ratings raised shares of Citizens Community Bancorp from a “hold (c+)” rating to a “buy (b-)” rating in a report on Friday, March 20th. One analyst has rated the stock with a Buy rating and one has issued a Hold rating to the company’s stock. According to MarketBeat.com, the company currently has an average rating of “Moderate Buy”.

Hedge Funds Weigh In On Citizens Community Bancorp

Several hedge funds and other institutional investors have recently made changes to their positions in the business. BNP Paribas Financial Markets lifted 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 in the last quarter. Hsbc Holdings PLC lifted 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 in the last quarter. Ritholtz Wealth Management lifted 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 in the last quarter. Barclays PLC lifted 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 in the last quarter. Finally, Empowered Funds LLC lifted 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 in the last quarter. Institutional investors and hedge funds 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.