Millennium Management LLC Acquires Shares of 25,551 Citizens Community Bancorp, Inc. (NASDAQ:CZWI)

Millennium Management LLC bought a new stake in Citizens Community Bancorp, Inc. (NASDAQ:CZWI - Free Report) during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund bought 25,551 shares of the bank's stock, valued at approximately $416,000. Millennium Management LLC owned approximately 0.25% of Citizens Community Bancorp as of its most recent SEC filing.

Other institutional investors and hedge funds have also made changes to their positions in the company. Jane Street Group LLC purchased a new position in Citizens Community Bancorp in the 4th quarter valued at approximately $327,000. Arrowstreet Capital Limited Partnership grew its holdings in Citizens Community Bancorp by 50.4% in the fourth quarter. Arrowstreet Capital Limited Partnership now owns 65,724 shares of the bank's stock valued at $1,071,000 after purchasing an additional 22,025 shares during the last quarter. Northern Trust Corp increased its position in shares of Citizens Community Bancorp by 33.9% in the fourth quarter. Northern Trust Corp now owns 39,081 shares of the bank's stock valued at $637,000 after buying an additional 9,894 shares in the last quarter. Empowered Funds LLC raised its stake in shares of Citizens Community Bancorp by 1.9% during the 4th quarter. Empowered Funds LLC now owns 59,332 shares of the bank's stock worth $967,000 after buying an additional 1,100 shares during the last quarter. Finally, Russell Investments Group Ltd. purchased a new stake in shares of Citizens Community Bancorp in the 4th quarter worth about $31,000. 55.11% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

Separately, Wall Street Zen lowered Citizens Community Bancorp from a "buy" rating to a "hold" rating in a research note on Wednesday, May 21st.

Citizens Community Bancorp Trading Down 3.4%

Shares of NASDAQ:CZWI traded down $0.48 during midday trading on Friday, reaching $13.77. The company's stock had a trading volume of 27,273 shares, compared to its average volume of 21,909. The business has a 50 day moving average price of $14.35 and a 200 day moving average price of $15.17. The company has a quick ratio of 0.95, a current ratio of 0.95 and a debt-to-equity ratio of 0.12. Citizens Community Bancorp, Inc. has a 1 year low of $10.92 and a 1 year high of $17.04. The firm has a market cap of $137.56 million, a price-to-earnings ratio of 10.35 and a beta of 0.74.

Citizens Community Bancorp (NASDAQ:CZWI - Get Free Report) last posted its quarterly earnings results on Monday, April 28th. The bank reported $0.32 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.27 by $0.05. Citizens Community Bancorp had a return on equity of 7.87% and a net margin of 13.79%. The business had revenue of $14.19 million for the quarter, compared to analyst estimates of $14.20 million. Research analysts forecast that Citizens Community Bancorp, Inc. will post 1.31 EPS for the current year.

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.