Royce & Associates LP Sells 40,246 Shares of Citizens Community Bancorp, Inc. $CZWI

Royce & Associates LP trimmed its holdings in shares of Citizens Community Bancorp, Inc. (NASDAQ:CZWI) by 45.2% during the 4th quarter, HoldingsChannel.com reports. The institutional investor owned 48,702 shares of the bank’s stock after selling 40,246 shares during the quarter. Royce & Associates LP’s holdings in Citizens Community Bancorp were worth $868,000 as of its most recent SEC filing.

A number of other large investors also recently bought and sold shares of the business. BNP Paribas Financial Markets lifted its holdings in Citizens Community Bancorp by 611.1% during the second quarter. BNP Paribas Financial Markets now owns 2,048 shares of the bank’s stock worth $28,000 after buying an additional 1,760 shares during the period. Osaic Holdings Inc. boosted its position in Citizens Community Bancorp by 858.5% during the 2nd quarter. Osaic Holdings Inc. now owns 3,000 shares of the bank’s stock valued at $41,000 after acquiring an additional 2,687 shares in the last quarter. Bank of America Corp DE increased its holdings in shares of Citizens Community Bancorp by 5,348.0% in the 2nd quarter. Bank of America Corp DE now owns 4,086 shares of the bank’s stock valued at $56,000 after acquiring an additional 4,011 shares during the period. JPMorgan Chase & Co. bought a new position in shares of Citizens Community Bancorp in the 2nd quarter worth $63,000. Finally, MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. bought a new position in shares of Citizens Community Bancorp in the 2nd quarter worth $72,000. Institutional investors own 55.11% of the company’s stock.

Insider Buying and Selling

In other Citizens Community Bancorp news, Director James D. Moll sold 2,000 shares of the stock in a transaction dated Monday, May 18th. The stock was sold at an average price of $20.58, for a total value of $41,160.00. Following the completion of the sale, the director directly owned 33,463 shares in the company, valued at approximately $688,668.54. This trade represents a 5.64% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. Insiders bought 3,350 shares of company stock valued at $69,815 in the last three months. Company insiders own 4.10% of the company’s stock.

Citizens Community Bancorp Price Performance

Shares of CZWI opened at $20.40 on Monday. The company has a 50 day moving average of $20.41 and a two-hundred day moving average of $18.82. Citizens Community Bancorp, Inc. has a twelve month low of $12.83 and a twelve month high of $22.62. The company has a market cap of $196.66 million, a price-to-earnings ratio of 13.33 and a beta of 0.52.

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, 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 business had revenue of $16.11 million for the quarter, compared to the consensus estimate of $15.70 million. On average, sell-side analysts expect that Citizens Community Bancorp, Inc. will post 1.81 EPS for the current year.

Citizens Community Bancorp Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Friday, May 22nd. Investors of record on Friday, May 8th were given a dividend of $0.105 per share. This represents a $0.42 annualized dividend and a yield of 2.1%. The ex-dividend date of this dividend was Friday, May 8th. Citizens Community Bancorp’s dividend payout ratio is currently 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 note on Monday, May 11th. One analyst has rated the stock with a Buy rating and one has given a Hold rating to the company. According to MarketBeat.com, the company has an average rating of “Moderate Buy”.

Citizens Community Bancorp 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.