RFG Bristol Wealth Advisors LLC Invests $1.45 Million in Citizens Community Bancorp, Inc. (NASDAQ:CZWI)

RFG Bristol Wealth Advisors LLC bought a new stake in Citizens Community Bancorp, Inc. (NASDAQ:CZWI - Free Report) during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm bought 88,970 shares of the bank's stock, valued at approximately $1,449,000. RFG Bristol Wealth Advisors LLC owned about 0.89% of Citizens Community Bancorp at the end of the most recent quarter.

Other institutional investors also recently modified their holdings of the company. Barclays PLC bought a new position in Citizens Community Bancorp in the third quarter valued at approximately $48,000. Hillsdale Investment Management Inc. bought a new position in shares of Citizens Community Bancorp in the 4th quarter worth $226,000. Ritholtz Wealth Management acquired a new stake in shares of Citizens Community Bancorp during the fourth quarter worth $240,000. O Shaughnessy Asset Management LLC increased its holdings in Citizens Community Bancorp by 36.2% in the fourth quarter. O Shaughnessy Asset Management LLC now owns 24,958 shares of the bank's stock valued at $407,000 after purchasing an additional 6,631 shares during the last quarter. Finally, Empowered Funds LLC lifted its stake in Citizens Community Bancorp by 1.9% in the fourth quarter. Empowered Funds LLC now owns 59,332 shares of the bank's stock valued at $967,000 after buying an additional 1,100 shares during the period. Institutional investors and hedge funds own 55.11% of the company's stock.

Wall Street Analyst Weigh In

Separately, StockNews.com lowered Citizens Community Bancorp from a "buy" rating to a "hold" rating in a research report on Wednesday.

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Citizens Community Bancorp Trading Down 4.6 %

Shares of CZWI stock traded down $0.64 on Friday, hitting $13.37. The stock had a trading volume of 29,200 shares, compared to its average volume of 15,900. The firm has a market cap of $133.57 million, a P/E ratio of 10.05 and a beta of 0.82. Citizens Community Bancorp, Inc. has a twelve month low of $10.14 and a twelve month 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 has a fifty day moving average price of $15.02 and a two-hundred day moving average price of $15.19.

Citizens Community Bancorp (NASDAQ:CZWI - Get Free Report) last announced its quarterly earnings results on Monday, January 27th. The bank reported $0.27 earnings per share (EPS) for the quarter, hitting 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, 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. Investors of record on Friday, February 7th were issued a dividend of $0.36 per share. This represents a dividend yield of 2%. This is a positive change from Citizens Community Bancorp's previous annual dividend of $0.32. The ex-dividend date of this dividend was Friday, February 7th. Citizens Community Bancorp's dividend payout ratio (DPR) 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.