Citizens Community Bancorp's (CZWI) "Hold (C)" Rating Reiterated at Weiss Ratings

Key Points

• Citizens Community Bancorp's stock received a "hold (c)" rating reaffirmed by Weiss Ratings, indicating a cautious outlook on its performance.
• The bank's stock price increased by 1.5% to $15.92 during trading, while it has experienced a range between a one-year low of $12.69 and a high of $17.04.
• Insider trading activity includes Director Francis E. Felber acquiring 3,000 shares at an average cost of $14.80, indicative of confidence in the company's future prospects.

Citizens Community Bancorp (NASDAQ:CZWI - Get Free Report)'s stock had its "hold (c)" rating reaffirmed by equities research analysts at Weiss Ratings in a report issued on Friday,Weiss Ratings reports.

Citizens Community Bancorp Trading Up 1.5%

CZWI stock traded up $0.23 during trading on Friday, hitting $15.92. The company had a trading volume of 11,973 shares, compared to its average volume of 13,485. The business has a 50-day moving average of $16.11 and a 200-day moving average of $15.05. Citizens Community Bancorp has a one year low of $12.69 and a one year high of $17.04. The stock has a market cap of $157.13 million, a PE ratio of 12.84 and a beta of 0.75.

Citizens Community Bancorp (NASDAQ:CZWI - Get Free Report) last announced its earnings results on Monday, July 28th. The bank reported $0.33 EPS for the quarter, beating the consensus estimate of $0.29 by $0.04. Citizens Community Bancorp had a return on equity of 6.89% and a net margin of 12.65%.The business had revenue of $16.15 million for the quarter, compared to analysts' expectations of $14.70 million. Research analysts forecast that Citizens Community Bancorp will post 1.31 EPS for the current year.

Insider Buying and Selling

In related news, Director Francis E. Felber bought 3,000 shares of Citizens Community Bancorp stock in a transaction that occurred on Thursday, July 31st. The shares were acquired at an average cost of $14.80 per share, for a total transaction of $44,400.00. Following the completion of the acquisition, the director directly owned 19,950 shares of the company's stock, valued at approximately $295,260. The trade was a 17.70% increase in their position. The purchase was disclosed in a document filed with the SEC, which is available at the SEC website. Insiders purchased 7,071 shares of company stock valued at $105,238 in the last quarter. Corporate insiders own 3.90% of the company's stock.

Institutional Trading of Citizens Community Bancorp

Several institutional investors have recently added to or reduced their stakes in CZWI. Goldman Sachs Group Inc. boosted its holdings in Citizens Community Bancorp by 59.2% in the first quarter. Goldman Sachs Group Inc. now owns 41,890 shares of the bank's stock valued at $602,000 after acquiring an additional 15,582 shares during the last quarter. Empowered Funds LLC boosted its holdings in shares of Citizens Community Bancorp by 3.4% during the 1st quarter. Empowered Funds LLC now owns 61,373 shares of the bank's stock worth $883,000 after buying an additional 2,041 shares in the last quarter. Jane Street Group LLC boosted its holdings in shares of Citizens Community Bancorp by 108.2% during the 1st quarter. Jane Street Group LLC now owns 41,813 shares of the bank's stock worth $601,000 after buying an additional 21,726 shares in the last quarter. Acadian Asset Management LLC boosted its holdings in shares of Citizens Community Bancorp by 40.8% during the 1st quarter. Acadian Asset Management LLC now owns 98,063 shares of the bank's stock worth $1,402,000 after buying an additional 28,400 shares in the last quarter. Finally, Farther Finance Advisors LLC bought a new position in shares of Citizens Community Bancorp during the 2nd quarter worth approximately $68,000. 55.11% of the stock is currently owned by institutional investors.

About Citizens Community Bancorp

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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.