Fourthstone LLC Buys Shares of 107,281 Citizens Community Bancorp, Inc. (NASDAQ:CZWI)

Fourthstone LLC purchased a new stake in shares of Citizens Community Bancorp, Inc. (NASDAQ:CZWI) in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund purchased 107,281 shares of the bank’s stock, valued at approximately $1,520,000. Fourthstone LLC owned 1.07% of Citizens Community Bancorp as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently made changes to their positions in the business. Vanguard Group Inc. grew its position in Citizens Community Bancorp by 309.5% during the first quarter. Vanguard Group Inc. now owns 610,734 shares of the bank’s stock valued at $7,420,000 after buying an additional 461,594 shares during the period. Dimensional Fund Advisors LP grew its position in shares of Citizens Community Bancorp by 1.1% during the 2nd quarter. Dimensional Fund Advisors LP now owns 280,698 shares of the bank’s stock valued at $3,248,000 after acquiring an additional 2,986 shares during the period. Empowered Funds LLC increased its stake 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 purchasing an additional 2,948 shares in the last quarter. Acadian Asset Management LLC raised its holdings in Citizens Community Bancorp by 25.0% in the 2nd quarter. Acadian Asset Management LLC now owns 48,065 shares of the bank’s stock worth $554,000 after purchasing an additional 9,615 shares during the period. Finally, Commonwealth Equity Services LLC lifted its position in Citizens Community Bancorp by 10.4% during the second quarter. Commonwealth Equity Services LLC now owns 21,254 shares of the bank’s stock valued at $246,000 after purchasing an additional 2,000 shares in the last quarter. Hedge funds and other institutional investors own 55.11% of the company’s stock.

Citizens Community Bancorp Price Performance

Shares of NASDAQ:CZWI traded down $0.09 during trading on Thursday, hitting $16.28. 12,451 shares of the company’s stock were exchanged, compared to its average volume of 17,162. The business’s 50-day simple moving average is $14.37 and its 200 day simple moving average is $12.92. The company has a market cap of $163.29 million, a price-to-earnings ratio of 11.78 and a beta of 1.06. Citizens Community Bancorp, Inc. has a 52-week low of $10.14 and a 52-week high of $16.61. 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) last posted its quarterly earnings results on Monday, October 28th. The bank reported $0.32 earnings per share for the quarter, topping the consensus estimate of $0.27 by $0.05. The business had revenue of $25.43 million during the quarter, compared to the consensus estimate of $14.00 million. Citizens Community Bancorp had a return on equity of 8.64% and a net margin of 14.70%. As a group, equities analysts predict that Citizens Community Bancorp, Inc. will post 1.34 EPS for the current year.

Analyst Ratings Changes

Separately, StockNews.com started coverage on Citizens Community Bancorp in a research report on Friday, November 22nd. They issued a “buy” rating for the company.

Citizens Community Bancorp 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.