Banc Funds Co. LLC Sells 119,550 Shares of Citizens Community Bancorp, Inc. (NASDAQ:CZWI)

Banc Funds Co. LLC lessened its holdings in Citizens Community Bancorp, Inc. (NASDAQ:CZWI) by 17.6% during the 3rd quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 559,970 shares of the bank’s stock after selling 119,550 shares during the quarter. Banc Funds Co. LLC owned approximately 5.58% of Citizens Community Bancorp worth $7,935,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Commonwealth Equity Services LLC boosted its stake in shares of Citizens Community Bancorp by 10.4% during the second quarter. Commonwealth Equity Services LLC now owns 21,254 shares of the bank’s stock valued at $246,000 after purchasing an additional 2,000 shares during the period. Acadian Asset Management LLC lifted its holdings in Citizens Community Bancorp by 25.0% during the 2nd quarter. Acadian Asset Management LLC now owns 48,065 shares of the bank’s stock valued at $554,000 after buying an additional 9,615 shares in the last quarter. Empowered Funds LLC boosted its position in Citizens Community Bancorp by 5.3% in the 3rd quarter. Empowered Funds LLC now owns 58,232 shares of the bank’s stock valued at $825,000 after buying an additional 2,948 shares during the period. Fourthstone LLC bought a new position in Citizens Community Bancorp in the 3rd quarter worth about $1,520,000. Finally, Dimensional Fund Advisors LP increased its position in shares of Citizens Community Bancorp by 1.1% during the second quarter. Dimensional Fund Advisors LP now owns 280,698 shares of the bank’s stock worth $3,248,000 after acquiring an additional 2,986 shares during the period. Hedge funds and other institutional investors own 55.11% of the company’s stock.

Wall Street Analysts Forecast Growth

Separately, StockNews.com initiated coverage on Citizens Community Bancorp in a report on Friday, November 22nd. They issued a “buy” rating for the company.

Citizens Community Bancorp Price Performance

Shares of CZWI stock opened at $16.21 on Monday. Citizens Community Bancorp, Inc. has a twelve month low of $10.14 and a twelve month high of $16.61. The company has a current ratio of 0.95, a quick ratio of 0.95 and a debt-to-equity ratio of 0.12. The stock has a fifty day simple moving average of $14.52 and a two-hundred day simple moving average of $13.01. The stock has a market capitalization of $162.59 million, a price-to-earnings ratio of 11.50 and a beta of 1.06.

Citizens Community Bancorp (NASDAQ:CZWI) last released its quarterly earnings data on Monday, October 28th. The bank reported $0.32 earnings per share for the quarter, topping analysts’ consensus estimates of $0.27 by $0.05. The company had revenue of $25.43 million during the quarter, compared to analyst estimates of $14.00 million. Citizens Community Bancorp had a net margin of 14.70% and a return on equity of 8.64%. On average, analysts predict that Citizens Community Bancorp, Inc. will post 1.34 EPS for the current fiscal year.

Citizens Community Bancorp Profile

Citizens Community Bancorp, Inc operates as a bank holding company for Citizens Community Federal N.A. that provides various traditional community banking services to businesses, agricultural operators, and consumers. It accepts various deposit products, including demand deposits, savings and money market accounts, and certificates of deposit.