Arrowstreet Capital Limited Partnership Grows Stock Holdings in Citizens Community Bancorp, Inc. (NASDAQ:CZWI)

Arrowstreet Capital Limited Partnership boosted its holdings in Citizens Community Bancorp, Inc. (NASDAQ:CZWI - Free Report) by 50.4% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 65,724 shares of the bank's stock after purchasing an additional 22,025 shares during the quarter. Arrowstreet Capital Limited Partnership owned about 0.66% of Citizens Community Bancorp worth $1,071,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Barclays PLC acquired a new position in shares of Citizens Community Bancorp during the third quarter valued at about $48,000. Hillsdale Investment Management Inc. bought a new position in shares of Citizens Community Bancorp in the fourth quarter valued at approximately $226,000. Ritholtz Wealth Management purchased a new position in shares of Citizens Community Bancorp during the fourth quarter valued at approximately $240,000. Empowered Funds LLC grew its holdings in Citizens Community Bancorp by 1.9% during the fourth quarter. Empowered Funds LLC now owns 59,332 shares of the bank's stock worth $967,000 after buying an additional 1,100 shares in the last quarter. Finally, Geode Capital Management LLC raised its position in Citizens Community Bancorp by 1.7% in the 3rd quarter. Geode Capital Management LLC now owns 104,125 shares of the bank's stock valued at $1,476,000 after buying an additional 1,732 shares during the last quarter. Institutional investors own 55.11% of the company's stock.

Citizens Community Bancorp Stock Performance

CZWI stock traded up $0.20 during midday trading on Thursday, hitting $13.68. The company's stock had a trading volume of 2,410 shares, compared to its average volume of 16,506. The stock has a market cap of $136.61 million, a price-to-earnings ratio of 10.28 and a beta of 0.82. Citizens Community Bancorp, Inc. has a 1 year low of $10.14 and a 1 year high of $17.04. The company has a quick ratio of 0.95, a current ratio of 0.95 and a debt-to-equity ratio of 0.12. The stock's 50-day moving average price is $14.49 and its 200 day moving average price is $15.11.

Citizens Community Bancorp (NASDAQ:CZWI - Get Free Report) last released its earnings results on Monday, January 27th. The bank reported $0.27 earnings per share for the quarter, meeting analysts' consensus estimates of $0.27. Citizens Community Bancorp had a net margin of 13.79% and a return on equity of 7.87%. On average, equities analysts forecast that Citizens Community Bancorp, Inc. will post 1.31 EPS for the current year.

Citizens Community Bancorp Increases Dividend

The company also recently declared an annual dividend, which was paid on Friday, February 21st. Stockholders of record on Friday, February 7th were given a dividend of $0.36 per share. This represents a dividend yield of 2%. The ex-dividend date of this dividend was Friday, February 7th. This is a boost from Citizens Community Bancorp's previous annual dividend of $0.32. Citizens Community Bancorp's dividend payout ratio is currently 27.07%.

Wall Street Analysts Forecast Growth

Separately, StockNews.com raised shares of Citizens Community Bancorp from a "hold" rating to a "buy" rating in a research report on Thursday, April 10th.

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.