Pinnacle Holdings LLC increased its holdings in shares of Citizens Community Bancorp Inc. (NASDAQ:CZWI) by 13.1% during the 4th quarter, HoldingsChannel.com reports. The institutional investor owned 98,419 shares of the bank’s stock after acquiring an additional 11,365 shares during the quarter. Pinnacle Holdings LLC’s holdings in Citizens Community Bancorp were worth $1,329,000 at the end of the most recent quarter.
A number of other large investors have also bought and sold shares of CZWI. Vanguard Group Inc. boosted its position in Citizens Community Bancorp by 4.6% during the 2nd quarter. Vanguard Group Inc. now owns 172,682 shares of the bank’s stock worth $2,414,000 after buying an additional 7,650 shares during the period. Dimensional Fund Advisors LP boosted its position in Citizens Community Bancorp by 1.5% during the 2nd quarter. Dimensional Fund Advisors LP now owns 168,943 shares of the bank’s stock worth $2,362,000 after buying an additional 2,500 shares during the period. Thomson Horstmann & Bryant Inc. boosted its position in Citizens Community Bancorp by 17.9% during the 3rd quarter. Thomson Horstmann & Bryant Inc. now owns 331,096 shares of the bank’s stock worth $4,618,000 after buying an additional 50,173 shares during the period. Raymond James Financial Services Advisors Inc. acquired a new stake in Citizens Community Bancorp during the 4th quarter worth approximately $150,000. Finally, Gendell Jeffrey L boosted its position in Citizens Community Bancorp by 1.0% during the 4th quarter. Gendell Jeffrey L now owns 528,440 shares of the bank’s stock worth $7,134,000 after buying an additional 5,301 shares during the period. Institutional investors and hedge funds own 41.19% of the company’s stock.
Several equities research analysts recently commented on the stock. TheStreet upgraded shares of Citizens Community Bancorp from a “c” rating to a “b-” rating in a research report on Friday, February 16th. Sandler O’Neill began coverage on shares of Citizens Community Bancorp in a research report on Tuesday, November 28th. They set a “buy” rating and a $15.50 target price on the stock.
In other news, CFO James S. Broucek purchased 3,000 shares of the company’s stock in a transaction dated Friday, February 2nd. The shares were purchased at an average price of $13.83 per share, for a total transaction of $41,490.00. Following the transaction, the chief financial officer now owns 4,000 shares of the company’s stock, valued at $55,320. The transaction was disclosed in a document filed with the SEC, which is accessible through this link. Insiders bought a total of 8,307 shares of company stock worth $114,091 in the last 90 days. Corporate insiders own 7.95% of the company’s stock.
Citizens Community Bancorp Inc. (CZWI) opened at $13.85 on Friday. The stock has a market cap of $81.75, a P/E ratio of 16.49 and a beta of 0.16. Citizens Community Bancorp Inc. has a 1 year low of $12.60 and a 1 year high of $14.43. The company has a debt-to-equity ratio of 1.26, a current ratio of 1.06 and a quick ratio of 1.06.
Citizens Community Bancorp (NASDAQ:CZWI) last issued its quarterly earnings results on Thursday, February 1st. The bank reported $0.30 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of $0.24 by $0.06. The firm had revenue of $9.47 million for the quarter. Citizens Community Bancorp had a net margin of 8.06% and a return on equity of 6.71%.
The company also recently declared an annual dividend, which will be paid on Thursday, March 8th. Stockholders of record on Friday, February 9th will be given a $0.20 dividend. The ex-dividend date of this dividend is Thursday, February 8th. This represents a dividend yield of 1.49%. This is an increase from Citizens Community Bancorp’s previous annual dividend of $0.16. Citizens Community Bancorp’s payout ratio is 38.46%.
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Citizens Community Bancorp Profile
Citizens Community Bancorp, Inc is a bank holding company of Citizens Community Federal N.A. (the Bank). The Company is engaged in consumer, commercial and agricultural banking activities through the Bank. Through all of its branch locations in Wisconsin, Minnesota and Michigan, the Bank provides a range of commercial and consumer banking products and services to customers, including online and mobile banking options.
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