Citizens Community Bancorp, Inc. (NASDAQ:CZWI - Get Free Report) shares passed below its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of $15.03 and traded as low as $14.83. Citizens Community Bancorp shares last traded at $14.88, with a volume of 21,028 shares changing hands.
Analysts Set New Price Targets
Separately, StockNews.com cut shares of Citizens Community Bancorp from a "buy" rating to a "hold" rating in a research report on Thursday, January 23rd.
Check Out Our Latest Stock Report on CZWI
Citizens Community Bancorp Stock Up 0.6 %
The firm's fifty day moving average price is $15.67 and its two-hundred day moving average price is $15.05. The stock has a market cap of $148.80 million, a price-to-earnings ratio of 11.15 and a beta of 1.12. The company has a debt-to-equity ratio of 0.12, a current ratio of 0.95 and a quick ratio of 0.95.
Citizens Community Bancorp (NASDAQ:CZWI - Get Free Report) last announced 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 forecast that Citizens Community Bancorp, Inc. will post 1.31 earnings per share for the current fiscal year.
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 dividend of $0.36 per share. The ex-dividend date was Friday, February 7th. This represents a dividend yield of 2%. This is a positive change from Citizens Community Bancorp's previous annual dividend of $0.32. Citizens Community Bancorp's dividend payout ratio is currently 27.07%.
Institutional Investors Weigh In On Citizens Community Bancorp
Institutional investors and hedge funds have recently made changes to their positions in the business. Empowered Funds LLC raised its holdings in shares of Citizens Community Bancorp by 5.3% in the 3rd quarter. Empowered Funds LLC now owns 58,232 shares of the bank's stock worth $825,000 after acquiring an additional 2,948 shares during the last quarter. Barclays PLC acquired a new stake in shares of Citizens Community Bancorp in the 3rd quarter worth about $48,000. Geode Capital Management LLC raised its holdings in shares of Citizens Community Bancorp by 1.7% in the 3rd quarter. Geode Capital Management LLC now owns 104,125 shares of the bank's stock worth $1,476,000 after acquiring an additional 1,732 shares during the last quarter. Ritholtz Wealth Management acquired a new stake in shares of Citizens Community Bancorp in the 4th quarter worth about $240,000. Finally, Russell Investments Group Ltd. acquired a new stake in shares of Citizens Community Bancorp in the 4th quarter worth about $31,000. Institutional investors and hedge funds own 55.11% of the company's stock.
Citizens Community Bancorp Company Profile
(
Get Free Report)
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.
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