Francis Felber Acquires 1,000 Shares of Citizens Community Bancorp (NASDAQ:CZWI) Stock

Citizens Community Bancorp, Inc. (NASDAQ:CZWI) Director Francis Felber acquired 1,000 shares of the stock in a transaction that occurred on Monday, May 4th. The stock was acquired at an average price of $20.60 per share, with a total value of $20,600.00. Following the completion of the transaction, the director directly owned 20,950 shares of the company’s stock, valued at $431,570. This trade represents a 5.01% increase in their position. The acquisition was disclosed in a filing with the SEC, which is available at this link.

Citizens Community Bancorp Trading Up 1.6%

Citizens Community Bancorp stock traded up $0.33 during mid-day trading on Tuesday, hitting $21.19. The company’s stock had a trading volume of 3,828 shares, compared to its average volume of 49,412. The firm has a market capitalization of $204.05 million, a PE ratio of 13.83 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. The stock’s fifty day moving average is $19.40 and its two-hundred day moving average is $18.16.

Citizens Community Bancorp (NASDAQ:CZWI) last issued its quarterly earnings data 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. The company had revenue of $16.11 million during the quarter, compared to analyst estimates of $15.70 million. Citizens Community Bancorp had a return on equity of 8.05% and a net margin of 15.02%. On average, equities analysts expect that Citizens Community Bancorp, Inc. will post 1.75 EPS for the current fiscal year.

Citizens Community Bancorp Announces Dividend

The firm 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. 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 is presently 27.45%.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently modified their holdings of the company. BNP Paribas Financial Markets boosted its position in shares of Citizens Community Bancorp by 611.1% during the second quarter. BNP Paribas Financial Markets now owns 2,048 shares of the bank’s stock worth $28,000 after buying an additional 1,760 shares during the period. Osaic Holdings Inc. boosted its position in shares of Citizens Community Bancorp by 858.5% during the second quarter. Osaic Holdings Inc. now owns 3,000 shares of the bank’s stock worth $41,000 after buying an additional 2,687 shares during the period. Bank of America Corp DE boosted its position in shares of Citizens Community Bancorp by 5,348.0% during the second quarter. Bank of America Corp DE now owns 4,086 shares of the bank’s stock worth $56,000 after buying an additional 4,011 shares during the period. JPMorgan Chase & Co. purchased a new position in shares of Citizens Community Bancorp during the second quarter worth $63,000. Finally, MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. purchased a new position in shares of Citizens Community Bancorp during the second quarter worth $72,000. 55.11% of the stock is currently owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

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

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.