Citizens Community Bancorp (NASDAQ:CZWI) Director Francis Felber Buys 1,000 Shares

Citizens Community Bancorp, Inc. (NASDAQ:CZWI) Director Francis Felber acquired 1,000 shares of the company’s stock in a transaction on Monday, May 4th. The stock was acquired at an average price of $20.60 per share, for a total transaction of $20,600.00. Following the purchase, the director directly owned 20,950 shares of the company’s stock, valued at approximately $431,570. This trade represents a 5.01% increase in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at this hyperlink.

Citizens Community Bancorp Stock Up 1.3%

NASDAQ:CZWI opened at $21.14 on Wednesday. Citizens Community Bancorp, Inc. has a 12-month low of $12.83 and a 12-month high of $22.62. The stock’s 50 day moving average price is $19.46 and its two-hundred day moving average price is $18.20. The firm has a market capitalization of $203.58 million, a price-to-earnings ratio of 13.82 and a beta of 0.54.

Citizens Community Bancorp (NASDAQ:CZWI) last posted its earnings results on Monday, April 27th. The bank reported $0.39 EPS for the quarter, beating the consensus estimate of $0.36 by $0.03. Citizens Community Bancorp had a return on equity of 8.05% and a net margin of 15.02%.The company had revenue of $16.11 million for the quarter, compared to the consensus estimate of $15.70 million. Equities research analysts expect that Citizens Community Bancorp, Inc. will post 1.75 EPS for the current year.

Citizens Community Bancorp Announces Dividend

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

Analyst Upgrades and Downgrades

Separately, Weiss Ratings raised Citizens Community Bancorp from a “hold (c+)” rating to a “buy (b-)” rating in a research report on Friday, March 20th. One analyst has rated the stock with a Buy rating and one has issued a Hold rating to the company’s stock. According to data from MarketBeat.com, Citizens Community Bancorp has a consensus rating of “Moderate Buy”.

Institutional Investors Weigh In On Citizens Community Bancorp

Several institutional investors have recently made changes to their positions in CZWI. BNP Paribas Financial Markets boosted its stake 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 buying an additional 1,760 shares during the period. Osaic Holdings Inc. boosted its stake in shares of Citizens Community Bancorp by 858.5% in 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 period. Bank of America Corp DE boosted its stake in shares of Citizens Community Bancorp by 5,348.0% in 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 period. JPMorgan Chase & Co. bought a new stake in shares of Citizens Community Bancorp in the second quarter valued at approximately $63,000. Finally, MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. bought a new stake in shares of Citizens Community Bancorp in the second quarter valued at approximately $72,000. 55.11% of the stock is currently owned by institutional investors.

Citizens Community Bancorp Company 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.