Citizens Community Bancorp (NASDAQ:CZWI) Stock Passes Below 200-Day Moving Average - Here's What Happened

Citizens Community Bancorp, Inc. (NASDAQ:CZWI - Get Free Report)'s stock price crossed below its two hundred day moving average during trading on Tuesday . The stock has a two hundred day moving average of $14.93 and traded as low as $14.85. Citizens Community Bancorp shares last traded at $15.06, with a volume of 76,064 shares trading hands.

Wall Street Analyst Weigh In

Separately, StockNews.com lowered Citizens Community Bancorp from a "buy" rating to a "hold" rating in a research note on Thursday, January 23rd.

Citizens Community Bancorp Stock Up 1.1 %

The stock has a 50-day simple moving average of $15.85 and a two-hundred day simple moving average of $14.93. 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 firm has a market cap of $153.92 million, a PE ratio of 11.53 and a beta of 1.07.

Citizens Community Bancorp (NASDAQ:CZWI - Get Free Report) last released its quarterly 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 return on equity of 7.87% and a net margin of 13.79%. Analysts expect that Citizens Community Bancorp, Inc. will post 1.31 earnings per share for the current year.

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Citizens Community Bancorp Increases Dividend

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

Institutional Inflows and Outflows

Several large investors have recently modified their holdings of CZWI. Russell Investments Group Ltd. purchased a new position in shares of Citizens Community Bancorp in the fourth quarter worth about $31,000. Barclays PLC purchased a new position in Citizens Community Bancorp during the 3rd quarter valued at about $48,000. Fiduciary Trust Co purchased a new position in Citizens Community Bancorp during the 4th quarter valued at about $165,000. Citadel Advisors LLC purchased a new position in Citizens Community Bancorp during the 4th quarter valued at about $202,000. Finally, Schonfeld Strategic Advisors LLC purchased a new position in Citizens Community Bancorp during the 4th quarter valued at about $204,000. Hedge funds and other institutional investors own 55.11% of the company's stock.

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.