StockNews.com upgraded shares of Citizens Community Bancorp (NASDAQ:CZWI - Free Report) from a hold rating to a buy rating in a research note published on Monday.
Citizens Community Bancorp Stock Down 1.4 %
NASDAQ CZWI traded down $0.21 on Monday, reaching $14.56. 19,199 shares of the stock traded hands, compared to its average volume of 15,855. Citizens Community Bancorp has a 12 month low of $10.14 and a 12 month high of $17.04. The company has a market cap of $146.10 million, a price-to-earnings ratio of 10.95 and a beta of 1.12. The company has a fifty day moving average price of $15.34 and a 200-day moving average price of $15.10. The company has a debt-to-equity ratio of 0.12, a quick ratio of 0.95 and a current ratio of 0.95.
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 return on equity of 7.87% and a net margin of 13.79%. As a group, research analysts forecast that Citizens Community Bancorp will post 1.31 EPS for the current fiscal year.
Citizens Community Bancorp Increases Dividend
The company also recently announced an annual dividend, which was paid on Friday, February 21st. Investors of record on Friday, February 7th were given a dividend of $0.36 per share. This is a boost from Citizens Community Bancorp's previous annual dividend of $0.32. The ex-dividend date of this dividend was Friday, February 7th. This represents a yield of 2%. Citizens Community Bancorp's dividend payout ratio is presently 27.07%.
Institutional Investors Weigh In On Citizens Community Bancorp
Large investors have recently made changes to their positions in the stock. Empowered Funds LLC lifted its position in Citizens Community Bancorp by 5.3% during 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 period. Fourthstone LLC acquired a new position in Citizens Community Bancorp in the 3rd quarter worth approximately $1,520,000. Barclays PLC acquired a new position in Citizens Community Bancorp in the 3rd quarter worth approximately $48,000. Geode Capital Management LLC lifted its stake 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 valued at $1,476,000 after acquiring an additional 1,732 shares during the period. Finally, Ritholtz Wealth Management acquired a new stake in Citizens Community Bancorp during the 4th quarter valued at approximately $240,000. 55.11% of the stock is owned by hedge funds and other institutional investors.
About Citizens Community Bancorp
(
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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