Citizens Community Bancorp (NASDAQ:CZWI) Stock Price Crosses Above Fifty Day Moving Average - Time to Sell?

Key Points

• Shares of Citizens Community Bancorp (NASDAQ:CZWI) recently crossed above its 50‑day moving average, trading as high as $20.78 and last at $20.40 versus a 50‑day MA of $18.98 and a 200‑day MA of $17.78.
• The bank's fundamentals include a market cap of about $196.4M and a P/E of 13.97; it beat quarterly EPS ($0.44 vs. $0.37) despite a slight revenue miss, and analysts' consensus is a Moderate Buy (one Buy, one Hold).
• Citizens pays a quarterly dividend (annualized $0.42, yield 2.1%, payout ratio 28.8%) and institutional investors have been accumulating shares—Wellington, UBS and others materially increased positions, leaving 55.11% institutional ownership.

Shares of Citizens Community Bancorp, Inc. (NASDAQ:CZWI - Get Free Report) passed above its 50 day moving average during trading on Wednesday . The stock has a 50 day moving average of $18.98 and traded as high as $20.78. Citizens Community Bancorp shares last traded at $20.40, with a volume of 18,262 shares changing hands.

Wall Street Analysts Forecast Growth

Several equities analysts have commented on the stock. Weiss Ratings raised shares of Citizens Community Bancorp from a "hold (c+)" rating to a "buy (b-)" rating in a report on Friday, March 20th. Zacks Research lowered shares of Citizens Community Bancorp from a "strong-buy" rating to a "hold" rating in a report on Friday, January 2nd. One equities research analyst has rated the stock with a Buy rating and one has issued a Hold rating to the company. Based on data from MarketBeat, the company has an average rating of "Moderate Buy".

Citizens Community Bancorp Stock Performance

The stock has a market capitalization of $196.43 million, a P/E ratio of 13.97 and a beta of 0.55. The firm's fifty day simple moving average is $18.98 and its 200 day simple moving average is $17.78.

Citizens Community Bancorp (NASDAQ:CZWI - Get Free Report) last released its earnings results on Monday, January 26th. The bank reported $0.44 EPS for the quarter, beating the consensus estimate of $0.37 by $0.07. Citizens Community Bancorp had a net margin of 14.60% and a return on equity of 7.81%. The firm had revenue of $15.76 million for the quarter, compared to analyst estimates of $16.30 million. Analysts anticipate that Citizens Community Bancorp, Inc. will post 1.31 earnings per share for the current fiscal year.

Citizens Community Bancorp Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, February 20th. Investors of record on Friday, February 6th were issued a dividend of $0.105 per share. The ex-dividend date of this dividend was Friday, February 6th. This represents a $0.42 annualized dividend and a dividend yield of 2.1%. Citizens Community Bancorp's payout ratio is 28.77%.

Institutional Investors Weigh In On Citizens Community Bancorp

Several hedge funds and other institutional investors have recently made changes to their positions in CZWI. Wellington Management Group LLP grew its holdings in shares of Citizens Community Bancorp by 123.3% during the 4th quarter. Wellington Management Group LLP now owns 691,414 shares of the bank's stock valued at $12,321,000 after purchasing an additional 381,805 shares during the last quarter. Daytona Street Capital LLC bought a new stake in shares of Citizens Community Bancorp during the 4th quarter valued at approximately $2,702,000. Geode Capital Management LLC grew its holdings in shares of Citizens Community Bancorp by 116.2% during the 2nd quarter. Geode Capital Management LLC now owns 214,308 shares of the bank's stock valued at $2,958,000 after purchasing an additional 115,171 shares during the last quarter. UBS Group AG grew its holdings in shares of Citizens Community Bancorp by 123.9% during the 4th quarter. UBS Group AG now owns 169,805 shares of the bank's stock valued at $3,026,000 after purchasing an additional 93,952 shares during the last quarter. Finally, Ameriprise Financial Inc. bought a new stake in shares of Citizens Community Bancorp during the 3rd quarter valued at approximately $427,000. 55.11% of the stock is owned by institutional investors.

About Citizens Community Bancorp

Citizens Community Bancorp, Inc is a bank holding company headquartered in Columbia Station, Ohio. Its primary subsidiary, Citizens Community Savings Bank, offers a range of community banking services to individuals and businesses. The company operates through a network of branch offices in Lorain and Medina counties and surrounding communities, providing personalized financial solutions with a focus on local relationships and customer service.

The bank's deposit products include checking and savings accounts, money market accounts and certificates of deposit, while its lending portfolio features residential mortgage loans, home equity lines of credit, commercial real estate loans, and small-business financing.

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