Insider Selling: Citizens Community Bancorp (NASDAQ:CZWI) Director Sells $63,000.00 in Stock

Citizens Community Bancorp, Inc. (NASDAQ:CZWI) Director James Moll sold 3,000 shares of the firm’s stock in a transaction on Thursday, May 14th. The stock was sold at an average price of $21.00, for a total value of $63,000.00. Following the completion of the sale, the director owned 35,463 shares of the company’s stock, valued at approximately $744,723. This represents a 7.80% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink.

Citizens Community Bancorp Price Performance

CZWI stock opened at $20.58 on Monday. Citizens Community Bancorp, Inc. has a twelve month low of $12.83 and a twelve month high of $22.62. The stock has a market capitalization of $198.39 million, a price-to-earnings ratio of 13.45 and a beta of 0.54. The firm’s fifty day simple moving average is $19.95 and its two-hundred day simple moving average is $18.51.

Citizens Community Bancorp (NASDAQ:CZWI) last announced its earnings results on Monday, April 27th. The bank reported $0.39 earnings per share for the quarter, beating the consensus estimate of $0.36 by $0.03. Citizens Community Bancorp had a net margin of 15.02% and a return on equity of 8.00%. The business had revenue of $16.11 million for the quarter, compared to the consensus estimate of $15.70 million. As a group, equities research analysts expect that Citizens Community Bancorp, Inc. will post 1.81 EPS for the current year.

Citizens Community Bancorp Announces Dividend

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

Hedge Funds Weigh In On Citizens Community Bancorp

A number of hedge funds and other institutional investors have recently made changes to their positions in the company. BNP Paribas Financial Markets raised its holdings in shares of Citizens Community Bancorp by 611.1% in the second quarter. BNP Paribas Financial Markets now owns 2,048 shares of the bank’s stock valued at $28,000 after acquiring an additional 1,760 shares in the last quarter. Osaic Holdings Inc. grew its holdings in Citizens Community Bancorp by 858.5% during the 2nd quarter. Osaic Holdings Inc. now owns 3,000 shares of the bank’s stock worth $41,000 after acquiring an additional 2,687 shares in the last quarter. Bank of America Corp DE grew its holdings in Citizens Community Bancorp by 5,348.0% during the 2nd quarter. Bank of America Corp DE now owns 4,086 shares of the bank’s stock worth $56,000 after acquiring an additional 4,011 shares in the last quarter. JPMorgan Chase & Co. bought a new stake in shares of Citizens Community Bancorp in the 2nd quarter valued at about $63,000. Finally, MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. bought a new stake in shares of Citizens Community Bancorp in the 2nd quarter valued at about $72,000. Institutional investors own 55.11% of the company’s stock.

Analyst Upgrades and Downgrades

Separately, Weiss Ratings raised Citizens Community Bancorp from a “buy (b-)” rating to a “buy (b)” rating in a research note on Monday, May 11th. One investment 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 currently has a consensus 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.