Citizens Community Bancorp (NASDAQ:CZWI) Director Sells $63,000.00 in Stock

Citizens Community Bancorp, Inc. (NASDAQ:CZWI) Director James Moll sold 3,000 shares of the business’s stock in a transaction on Thursday, May 14th. The shares were sold at an average price of $21.00, for a total value of $63,000.00. Following the completion of the sale, the director directly owned 35,463 shares in the company, valued at approximately $744,723. This represents a 7.80% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this link.

Citizens Community Bancorp Stock Performance

Shares of NASDAQ CZWI traded down $0.35 during midday trading on Friday, reaching $20.58. 12,063 shares of the company traded hands, compared to its average volume of 46,674. Citizens Community Bancorp, Inc. has a 12 month low of $12.83 and a 12 month high of $22.62. The stock’s 50-day simple moving average is $19.90 and its 200-day simple moving average is $18.47. The firm has a market cap of $198.39 million, a PE ratio of 13.45 and a beta of 0.54.

Citizens Community Bancorp (NASDAQ:CZWI) last posted 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 for the quarter, compared to analyst estimates of $15.70 million. On average, equities research analysts expect that Citizens Community Bancorp, Inc. will post 1.81 EPS for the current year.

Citizens Community Bancorp Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Friday, May 22nd. Stockholders of record on Friday, May 8th will be issued a $0.105 dividend. This represents a $0.42 annualized dividend and a dividend yield of 2.0%. The ex-dividend date of this dividend is Friday, May 8th. Citizens Community Bancorp’s payout ratio is presently 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 report on Monday. One investment analyst has rated the stock with a Buy rating and one has assigned a Hold rating to the stock. According to data from MarketBeat.com, the company currently has an average rating of “Moderate Buy”.

Hedge Funds Weigh In On Citizens Community Bancorp

A number of institutional investors and hedge funds have recently bought and sold shares of the business. Renaissance Technologies LLC boosted its stake in Citizens Community Bancorp by 21.1% in the first quarter. Renaissance Technologies LLC now owns 53,400 shares of the bank’s stock worth $1,057,000 after purchasing an additional 9,300 shares in the last quarter. Arrowstreet Capital Limited Partnership boosted its stake in Citizens Community Bancorp by 22.1% in the first quarter. Arrowstreet Capital Limited Partnership now owns 147,560 shares of the bank’s stock worth $2,922,000 after purchasing an additional 26,688 shares in the last quarter. Sei Investments Co. acquired a new position in Citizens Community Bancorp in the first quarter worth $202,000. Dimensional Fund Advisors LP raised its position in shares of Citizens Community Bancorp by 3.1% during the first quarter. Dimensional Fund Advisors LP now owns 346,741 shares of the bank’s stock worth $6,865,000 after acquiring an additional 10,515 shares during the last quarter. Finally, RFG Bristol Wealth Advisors LLC raised its position in shares of Citizens Community Bancorp by 11.5% during the first quarter. RFG Bristol Wealth Advisors LLC now owns 103,682 shares of the bank’s stock worth $2,053,000 after acquiring an additional 10,732 shares during the last quarter. 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.