Insider Buying: Citizens Community Bancorp (NASDAQ:CZWI) Director Acquires $20,600.00 in Stock

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

Citizens Community Bancorp Price Performance

Shares of NASDAQ CZWI opened at $21.08 on Friday. The company has a market cap of $203.00 million, a price-to-earnings ratio of 13.78 and a beta of 0.54. The stock’s 50-day moving average is $19.58 and its two-hundred day moving average is $18.28. 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 quarterly earnings data 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. Citizens Community Bancorp had a return on equity of 8.05% and a net margin of 15.02%.The business had revenue of $16.11 million during the quarter, compared to analysts’ expectations of $15.70 million. Equities research analysts anticipate that Citizens Community Bancorp, Inc. will post 1.81 earnings per share for the current fiscal year.

Citizens Community Bancorp Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Friday, May 22nd. Shareholders of record on Friday, May 8th will be given a $0.105 dividend. The ex-dividend date of this dividend is Friday, May 8th. This represents a $0.42 dividend on an annualized basis and a dividend yield of 2.0%. Citizens Community Bancorp’s dividend payout ratio is currently 27.45%.

Wall Street Analysts Forecast Growth

Separately, Weiss Ratings upgraded shares of Citizens Community Bancorp from a “hold (c+)” rating to a “buy (b-)” rating in a research note on Friday, March 20th. One research analyst has rated the stock with a Buy rating and one has assigned a Hold rating to the company. According to MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy”.

Hedge Funds Weigh In On Citizens Community Bancorp

Several large investors have recently bought and sold shares of the stock. Dimensional Fund Advisors LP grew its holdings 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 purchasing an additional 10,515 shares during the last quarter. RFG Bristol Wealth Advisors LLC lifted its holdings in shares of Citizens Community Bancorp by 11.5% in the 1st quarter. RFG Bristol Wealth Advisors LLC now owns 103,682 shares of the bank’s stock valued at $2,053,000 after purchasing an additional 10,732 shares during the last quarter. Hsbc Holdings PLC boosted its position in shares of Citizens Community Bancorp by 95.4% in the 1st quarter. Hsbc Holdings PLC now owns 59,254 shares of the bank’s stock valued at $1,178,000 after purchasing an additional 28,933 shares during the period. Ritholtz Wealth Management boosted its position in shares of Citizens Community Bancorp by 38.3% in the 1st quarter. Ritholtz Wealth Management now owns 47,190 shares of the bank’s stock valued at $934,000 after purchasing an additional 13,072 shares during the period. Finally, Wellington Management Group LLP grew its stake in Citizens Community Bancorp by 123.3% during the 4th quarter. Wellington Management Group LLP now owns 691,414 shares of the bank’s stock worth $12,321,000 after buying an additional 381,805 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.