Insider Buying: Citizens Community Bancorp (NASDAQ:CZWI) Director Purchases $10,300.00 in 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 cost of $20.60 per share, for a total transaction of $10,300.00. Following the completion of the transaction, the director directly owned 21,450 shares of the company’s stock, valued at approximately $441,870. The trade was a 2.39% increase in their ownership of the stock. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink.

Citizens Community Bancorp Stock Performance

Shares of NASDAQ:CZWI opened at $20.54 on Thursday. The company has a market cap of $198.01 million, a P/E ratio of 13.42 and a beta of 0.54. The stock’s 50-day moving average is $20.11 and its 200-day moving average 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 issued its quarterly earnings results on Monday, April 27th. The bank reported $0.39 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.36 by $0.03. The company had revenue of $16.11 million for the quarter, compared to the consensus estimate of $15.70 million. Citizens Community Bancorp had a return on equity of 8.00% and a net margin of 15.02%. As a group, equities analysts predict that Citizens Community Bancorp, Inc. will post 1.81 EPS for the current year.

Citizens Community Bancorp Dividend Announcement

The firm 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 $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 dividend payout ratio (DPR) is currently 27.45%.

Analyst Ratings Changes

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

Institutional Investors Weigh In On Citizens Community Bancorp

Several hedge funds have recently made changes to their positions in the stock. Wellington Management Group LLP lifted its stake in Citizens Community Bancorp by 123.3% during the fourth quarter. Wellington Management Group LLP now owns 691,414 shares of the bank’s stock worth $12,321,000 after purchasing an additional 381,805 shares during the period. Rhino Investment Partners Inc bought a new position in Citizens Community Bancorp during the first quarter worth about $3,214,000. Daytona Street Capital LLC bought a new position in Citizens Community Bancorp during the fourth quarter worth about $2,702,000. Geode Capital Management LLC lifted 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 purchasing an additional 115,171 shares during the period. Finally, UBS Group AG lifted its stake in Citizens Community Bancorp by 123.9% during the fourth quarter. UBS Group AG now owns 169,805 shares of the bank’s stock worth $3,026,000 after purchasing an additional 93,952 shares during the period. Institutional investors 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.