Citizens Community Bancorp (NASDAQ:CZWI) Stock Price Crosses Below Two Hundred Day Moving Average of $11.06

Citizens Community Bancorp, Inc. (NASDAQ:CZWI) passed below its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of $11.06 and traded as low as $10.75. Citizens Community Bancorp shares last traded at $10.86, with a volume of 17,581 shares changing hands.

Wall Street Analyst Weigh In

CZWI has been the topic of several research reports. Hovde Group raised Citizens Community Bancorp from a “market perform” rating to an “outperform” rating in a research report on Monday, March 4th. StockNews.com initiated coverage on Citizens Community Bancorp in a research report on Sunday, March 10th. They issued a “hold” rating on the stock.

Citizens Community Bancorp Price Performance

The firm has a 50-day simple moving average of $11.79 and a two-hundred day simple moving average of $11.07. The company has a market capitalization of $114.71 million, a price-to-earnings ratio of 8.78 and a beta of 1.01. The company has a current ratio of 0.98, a quick ratio of 0.97 and a debt-to-equity ratio of 0.46.

Citizens Community Bancorp (NASDAQ:CZWI) last announced its quarterly earnings results on Monday, January 29th. The bank reported $0.38 earnings per share for the quarter, topping the consensus estimate of $0.26 by $0.12. The company had revenue of $24.51 million for the quarter, compared to the consensus estimate of $13.90 million. Citizens Community Bancorp had a return on equity of 7.99% and a net margin of 13.82%. As a group, analysts predict that Citizens Community Bancorp, Inc. will post 1.23 earnings per share for the current fiscal year.

Citizens Community Bancorp Increases Dividend

The business also recently declared an annual dividend, which was paid on Friday, February 23rd. Shareholders of record on Friday, February 9th were given a dividend of $0.32 per share. This is an increase from Citizens Community Bancorp’s previous annual dividend of $0.29. This represents a yield of 2.6%. The ex-dividend date was Thursday, February 8th. Citizens Community Bancorp’s dividend payout ratio (DPR) is currently 25.60%.

Institutional Investors Weigh In On Citizens Community Bancorp

Several hedge funds have recently modified their holdings of the company. Alliancebernstein L.P. boosted its stake in shares of Citizens Community Bancorp by 7.9% during the 2nd quarter. Alliancebernstein L.P. now owns 914,962 shares of the bank’s stock worth $8,098,000 after acquiring an additional 66,926 shares in the last quarter. The Manufacturers Life Insurance Company boosted its stake in shares of Citizens Community Bancorp by 1.5% during the 1st quarter. The Manufacturers Life Insurance Company now owns 670,763 shares of the bank’s stock worth $10,135,000 after acquiring an additional 10,157 shares in the last quarter. Vanguard Group Inc. boosted its stake in shares of Citizens Community Bancorp by 3.4% during the 1st quarter. Vanguard Group Inc. now owns 435,534 shares of the bank’s stock worth $6,581,000 after acquiring an additional 14,433 shares in the last quarter. Dimensional Fund Advisors LP lifted its stake in Citizens Community Bancorp by 0.8% in the 4th quarter. Dimensional Fund Advisors LP now owns 257,648 shares of the bank’s stock valued at $3,098,000 after buying an additional 1,964 shares in the last quarter. Finally, Gendell Jeffrey L lifted its stake in Citizens Community Bancorp by 3.5% in the 3rd quarter. Gendell Jeffrey L now owns 230,959 shares of the bank’s stock valued at $2,217,000 after buying an additional 7,780 shares in the last quarter. 55.11% of the stock is owned by hedge funds and other institutional investors.

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.