UBS Group AG Buys 93,952 Shares of Citizens Community Bancorp, Inc. $CZWI

UBS Group AG lifted its stake in shares of Citizens Community Bancorp, Inc. (NASDAQ:CZWI) by 123.9% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 169,805 shares of the bank’s stock after acquiring an additional 93,952 shares during the quarter. UBS Group AG owned approximately 1.76% of Citizens Community Bancorp worth $3,026,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds also recently made changes to their positions in the stock. Ritholtz Wealth Management raised its position in shares of Citizens Community Bancorp by 3.9% during the fourth quarter. Ritholtz Wealth Management now owns 34,118 shares of the bank’s stock worth $608,000 after acquiring an additional 1,268 shares during the last quarter. RFG Bristol Wealth Advisors LLC raised its position in shares of Citizens Community Bancorp by 4.5% during the fourth quarter. RFG Bristol Wealth Advisors LLC now owns 92,950 shares of the bank’s stock worth $1,656,000 after acquiring an additional 4,000 shares during the last quarter. Daytona Street Capital LLC bought a new position in shares of Citizens Community Bancorp during the fourth quarter worth about $2,702,000. JPMorgan Chase & Co. raised its position in shares of Citizens Community Bancorp by 58.4% during the third quarter. JPMorgan Chase & Co. now owns 7,210 shares of the bank’s stock worth $116,000 after acquiring an additional 2,659 shares during the last quarter. Finally, Bank of America Corp DE raised its position in shares of Citizens Community Bancorp by 109.8% during the third quarter. Bank of America Corp DE now owns 8,573 shares of the bank’s stock worth $138,000 after acquiring an additional 4,487 shares during the last quarter. 55.11% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

Separately, Weiss Ratings upgraded Citizens Community Bancorp from a “buy (b-)” rating to a “buy (b)” rating in a research report on Monday, May 11th. One equities research analyst has rated the stock with a Buy rating and one has assigned a Hold rating to the company. Based on data from MarketBeat, the company has an average rating of “Moderate Buy”.

Insider Activity at Citizens Community Bancorp

In other news, Director James D. Moll sold 2,000 shares of the business’s stock in a transaction that occurred on Monday, May 18th. The stock was sold at an average price of $20.58, for a total transaction of $41,160.00. Following the completion of the sale, the director owned 33,463 shares in the company, valued at $688,668.54. The trade was a 5.64% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. Insiders purchased a total of 3,350 shares of company stock worth $69,815 in the last ninety days. Insiders own 4.10% of the company’s stock.

Citizens Community Bancorp Stock Performance

Shares of CZWI stock opened at $20.41 on Tuesday. The company has a market cap of $196.75 million, a P/E ratio of 13.34 and a beta of 0.54. Citizens Community Bancorp, Inc. has a fifty-two week low of $12.83 and a fifty-two week high of $22.62. The stock has a 50 day simple moving average of $20.25 and a two-hundred day simple moving average of $18.70.

Citizens Community Bancorp (NASDAQ:CZWI) last released its quarterly earnings data on Monday, April 27th. The bank reported $0.39 EPS for the quarter, beating the consensus estimate of $0.36 by $0.03. The firm had revenue of $16.11 million during 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%. On average, research analysts predict that Citizens Community Bancorp, Inc. will post 1.81 earnings per share for the current year.

Citizens Community Bancorp Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Friday, May 22nd. Stockholders of record on Friday, May 8th were issued a dividend of $0.105 per share. The ex-dividend date was Friday, May 8th. This represents a $0.42 annualized dividend and a dividend yield of 2.1%. Citizens Community Bancorp’s payout ratio is currently 27.45%.

Citizens Community Bancorp 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.