Citizens Community Bancorp, Inc. $CZWI Stock Holdings Increased by Hsbc Holdings PLC

Hsbc Holdings PLC raised its position in shares of Citizens Community Bancorp, Inc. (NASDAQ:CZWI) by 95.4% during the 1st quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 59,254 shares of the bank’s stock after buying an additional 28,933 shares during the quarter. Hsbc Holdings PLC’s holdings in Citizens Community Bancorp were worth $1,178,000 at the end of the most recent quarter.

A number of other large investors also recently bought and sold shares of CZWI. BNP Paribas Financial Markets grew its position in shares of Citizens Community Bancorp by 611.1% in the 2nd quarter. BNP Paribas Financial Markets now owns 2,048 shares of the bank’s stock worth $28,000 after acquiring an additional 1,760 shares in the last quarter. Osaic Holdings Inc. lifted its stake in 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 purchasing an additional 2,687 shares during the last quarter. Bank of America Corp DE lifted its stake in 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 purchasing an additional 4,011 shares during the last quarter. JPMorgan Chase & Co. acquired a new position in Citizens Community Bancorp in the second quarter worth $63,000. Finally, MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. acquired a new position in Citizens Community Bancorp in the second quarter worth $72,000. Institutional investors own 55.11% of the company’s stock.

Citizens Community Bancorp Price Performance

Shares of NASDAQ CZWI opened at $21.40 on Wednesday. The firm’s 50-day moving average price is $21.97 and its two-hundred day moving average price is $20.21. Citizens Community Bancorp, Inc. has a 52-week low of $14.40 and a 52-week high of $24.42. The stock has a market capitalization of $206.38 million, a P/E ratio of 16.34 and a beta of 0.50.

Citizens Community Bancorp (NASDAQ:CZWI) last posted its earnings results on Monday, July 27th. The bank reported $0.11 EPS for the quarter, missing the consensus estimate of $0.41 by ($0.30). The company had revenue of $16.11 million for the quarter, compared to the consensus estimate of $16.30 million. Citizens Community Bancorp had a net margin of 12.94% and a return on equity of 6.80%. As a group, equities research analysts expect that Citizens Community Bancorp, Inc. will post 1.82 earnings per share for the current year.

Citizens Community Bancorp Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Friday, August 21st. Investors of record on Friday, August 7th will be given a dividend of $0.105 per share. The ex-dividend date is Friday, August 7th. This represents a $0.42 dividend on an annualized basis and a yield of 2.0%. Citizens Community Bancorp’s payout ratio is currently 32.06%.

Wall Street Analysts Forecast Growth

Several research firms have weighed in on CZWI. Weiss Ratings lowered shares of Citizens Community Bancorp from a “buy (b+)” rating to a “buy (b)” rating in a research note on Tuesday, June 30th. Hovde Group downgraded shares of Citizens Community Bancorp from an “outperform” rating to a “market perform” rating and raised their price target for the stock from $21.00 to $24.00 in a research report on Friday, July 10th. Finally, Zacks Research raised shares of Citizens Community Bancorp from a “hold” rating to a “strong-buy” rating in a report on Tuesday, June 30th. One investment analyst has rated the stock with a Strong Buy rating, one has given a Buy rating and one has assigned a Hold rating to the stock. According to MarketBeat, Citizens Community Bancorp has an average rating of “Buy” and an average price target of $24.00.

Insider Transactions at Citizens Community Bancorp

In related news, Director James D. Moll sold 3,000 shares of the company’s stock in a transaction on Thursday, May 14th. The stock was sold at an average price of $21.00, for a total transaction of $63,000.00. Following the completion of the transaction, the director directly owned 35,463 shares in the company, valued at $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 hyperlink. In the last ninety days, insiders purchased 3,350 shares of company stock worth $69,815. Insiders own 4.10% 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.