Fourthstone LLC Has $4.30 Million Stock Holdings in Citizens Community Bancorp, Inc. (NASDAQ:CZWI)

Fourthstone LLC raised its holdings in shares of Citizens Community Bancorp, Inc. (NASDAQ:CZWI - Free Report) by 145.8% in the fourth quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 263,742 shares of the bank's stock after buying an additional 156,461 shares during the period. Citizens Community Bancorp comprises approximately 0.8% of Fourthstone LLC's investment portfolio, making the stock its 25th biggest position. Fourthstone LLC owned approximately 2.63% of Citizens Community Bancorp worth $4,296,000 as of its most recent SEC filing.

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

Analyst Ratings Changes

Separately, StockNews.com cut shares of Citizens Community Bancorp from a "buy" rating to a "hold" rating in a research report on Friday.

Citizens Community Bancorp Stock Up 0.8 %

NASDAQ CZWI traded up $0.11 during trading on Friday, reaching $13.59. 17,383 shares of the company's stock were exchanged, compared to its average volume of 16,638. The firm has a market capitalization of $135.76 million, a PE ratio of 10.22 and a beta of 0.82. Citizens Community Bancorp, Inc. has a fifty-two week low of $10.14 and a fifty-two week high of $17.04. 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 company's fifty day simple moving average is $14.41 and its 200-day simple moving average is $15.11.

Citizens Community Bancorp (NASDAQ:CZWI - Get Free Report) last released its quarterly earnings data on Monday, January 27th. The bank reported $0.27 earnings per share for the quarter, meeting the consensus estimate of $0.27. Citizens Community Bancorp had a net margin of 13.79% and a return on equity of 7.87%. Sell-side analysts predict 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. Investors of record on Friday, February 7th were paid a $0.36 dividend. This is a boost from Citizens Community Bancorp's previous annual dividend of $0.32. The ex-dividend date was Friday, February 7th. This represents a dividend yield of 2%. Citizens Community Bancorp's payout ratio is presently 27.07%.

Citizens Community Bancorp Company 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.