Citizens Community Bancorp (NASDAQ:CZWI) Director Acquires $15,870.00 in Stock

Citizens Community Bancorp, Inc. (NASDAQ:CZWI) Director Kathleen Skarvan bought 750 shares of the company’s stock in a transaction on Friday, May 8th. The shares were bought at an average cost of $21.16 per share, for a total transaction of $15,870.00. Following the transaction, the director directly owned 2,050 shares in the company, valued at approximately $43,378. This represents a 57.69% increase in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link.

Citizens Community Bancorp Stock Performance

CZWI opened at $21.40 on Monday. The firm has a market cap of $206.30 million, a price-to-earnings ratio of 13.99 and a beta of 0.54. Citizens Community Bancorp, Inc. has a 12 month low of $12.83 and a 12 month high of $22.62. The stock has a fifty day moving average price of $19.58 and a 200-day moving average price of $18.28.

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 analysts’ consensus estimates of $0.36 by $0.03. Citizens Community Bancorp had a return on equity of 8.00% and a net margin of 15.02%.The firm had revenue of $16.11 million during the quarter, compared to analysts’ expectations of $15.70 million. On average, equities research analysts forecast that Citizens Community Bancorp, Inc. will post 1.81 EPS for the current year.

Citizens Community Bancorp Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Friday, May 22nd. Shareholders of record on Friday, May 8th will be given a dividend of $0.105 per share. 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 is presently 27.45%.

Institutional Trading of Citizens Community Bancorp

Several hedge funds and other institutional investors have recently made changes to their positions in the business. Daytona Street Capital LLC purchased a new position in Citizens Community Bancorp during the 4th quarter worth $2,702,000. Bank of America Corp DE raised its stake in Citizens Community Bancorp by 109.8% in the third quarter. Bank of America Corp DE now owns 8,573 shares of the bank’s stock valued at $138,000 after buying an additional 4,487 shares during the last quarter. JPMorgan Chase & Co. raised its stake in Citizens Community Bancorp by 58.4% in the third quarter. JPMorgan Chase & Co. now owns 7,210 shares of the bank’s stock valued at $116,000 after buying an additional 2,659 shares during the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. acquired a new stake in Citizens Community Bancorp in the second quarter worth about $72,000. Finally, Osaic Holdings Inc. grew its stake 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 acquiring an additional 2,687 shares during the last quarter. Hedge funds and other institutional investors own 55.11% of the company’s stock.

Analyst Upgrades and Downgrades

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

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.