James Moll Sells 3,000 Shares of Citizens Community Bancorp (NASDAQ:CZWI) Stock

Citizens Community Bancorp, Inc. (NASDAQ:CZWI) Director James 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 value of $63,000.00. Following the completion of the sale, the director directly owned 35,463 shares in the company, valued at approximately $744,723. The trade was a 7.80% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website.

Citizens Community Bancorp Stock Down 1.7%

Shares of CZWI stock opened at $20.58 on Friday. The stock has a market cap of $198.39 million, a price-to-earnings ratio of 13.45 and a beta of 0.54. The business’s fifty day moving average is $19.95 and its 200 day moving average is $18.49. Citizens Community Bancorp, Inc. has a twelve month low of $12.83 and a twelve month high of $22.62.

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

Citizens Community Bancorp Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Friday, May 22nd. Stockholders of record on Friday, May 8th will be paid a $0.105 dividend. This represents a $0.42 dividend on an annualized basis 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 currently 27.45%.

Institutional Investors Weigh In On Citizens Community Bancorp

Several institutional investors have recently modified their holdings of CZWI. BNP Paribas Financial Markets boosted its position in shares of Citizens Community Bancorp by 611.1% during the second quarter. BNP Paribas Financial Markets now owns 2,048 shares of the bank’s stock valued at $28,000 after buying an additional 1,760 shares during the last quarter. Osaic Holdings Inc. boosted its position 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 valued at $41,000 after buying an additional 2,687 shares during the last quarter. Bank of America Corp DE boosted its position in shares of 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 valued at $56,000 after buying an additional 4,011 shares during the last quarter. JPMorgan Chase & Co. purchased a new stake in shares of Citizens Community Bancorp during the second quarter valued at $63,000. Finally, MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. purchased a new stake in shares of Citizens Community Bancorp during the second quarter valued at $72,000. 55.11% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

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 equities research analyst has rated the stock with a Buy rating and one has given a Hold rating to the company. According to data from MarketBeat.com, the company 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.