Citizens Community Bancorp (NASDAQ:CZWI) Director Sells $41,160.00 in Stock

Citizens Community Bancorp, Inc. (NASDAQ:CZWI) Director James Moll sold 2,000 shares of the company’s stock in a transaction that occurred on Monday, May 18th. The shares were sold at an average price of $20.58, for a total transaction of $41,160.00. Following the completion of the sale, the director directly owned 33,463 shares of the company’s stock, valued at $688,668.54. The trade was a 5.64% decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through this link.

Citizens Community Bancorp Price Performance

Shares of NASDAQ CZWI traded down $0.07 during midday trading on Monday, reaching $20.51. 28,102 shares of the stock were exchanged, compared to its average volume of 46,476. Citizens Community Bancorp, Inc. has a 12 month low of $12.83 and a 12 month high of $22.62. The business has a 50-day simple moving average of $19.95 and a two-hundred day simple moving average of $18.51. The company has a market capitalization of $197.72 million, a price-to-earnings ratio of 13.41 and a beta of 0.54.

Citizens Community Bancorp (NASDAQ:CZWI) last issued its quarterly earnings data on Monday, April 27th. The bank reported $0.39 EPS for the quarter, topping the consensus estimate of $0.36 by $0.03. The business had revenue of $16.11 million for the quarter, compared to the consensus estimate 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 firm also recently disclosed a quarterly dividend, which will be paid on Friday, May 22nd. Investors of record on Friday, May 8th will be paid a dividend of $0.105 per share. This represents a $0.42 annualized dividend and a yield of 2.0%. The ex-dividend date of this dividend is Friday, May 8th. Citizens Community Bancorp’s dividend payout ratio (DPR) is presently 27.45%.

Institutional Trading of Citizens Community Bancorp

A number of large investors have recently added to or reduced their stakes in the company. Rhino Investment Partners Inc acquired a new stake in Citizens Community Bancorp in the first quarter valued at $3,214,000. Empowered Funds LLC raised its position in shares of Citizens Community Bancorp by 6.2% in the first quarter. Empowered Funds LLC now owns 68,613 shares of the bank’s stock valued at $1,359,000 after purchasing an additional 4,028 shares during the period. Renaissance Technologies LLC raised its position in shares of Citizens Community Bancorp by 21.1% in the first quarter. Renaissance Technologies LLC now owns 53,400 shares of the bank’s stock valued at $1,057,000 after purchasing an additional 9,300 shares during the period. Arrowstreet Capital Limited Partnership increased its position in Citizens Community Bancorp by 22.1% during the first quarter. Arrowstreet Capital Limited Partnership now owns 147,560 shares of the bank’s stock worth $2,922,000 after acquiring an additional 26,688 shares during the period. Finally, Sei Investments Co. bought a new position in Citizens Community Bancorp during the first quarter worth about $202,000. Institutional investors and hedge funds own 55.11% of the company’s stock.

Wall Street Analysts Forecast Growth

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 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 currently 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.