Citizens Community Bancorp, Inc. $CZWI Stake Raised by Goldman Sachs Group Inc.

Key Points

• Goldman Sachs Group Inc. has increased its stake in Citizens Community Bancorp, Inc. by 59.2%, owning approximately 0.42% of the company, valued at about $602,000.
• In the latest quarterly earnings report, Citizens Community Bancorp posted $0.33 earnings per share (EPS), exceeding the consensus estimate by $0.04 with revenues of $16.15 million.
• Institutional investors hold over 55.11% of the company's stock, indicating significant interest from multiple investment firms, including >Jane Street Group LLC and Ritholtz Wealth Management.

Goldman Sachs Group Inc. boosted its holdings in Citizens Community Bancorp, Inc. (NASDAQ:CZWI - Free Report) by 59.2% during the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 41,890 shares of the bank's stock after acquiring an additional 15,582 shares during the quarter. Goldman Sachs Group Inc. owned about 0.42% of Citizens Community Bancorp worth $602,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Jane Street Group LLC acquired a new stake in Citizens Community Bancorp during the 4th quarter worth about $327,000. Millennium Management LLC acquired a new stake in Citizens Community Bancorp during the 4th quarter worth about $416,000. Acadian Asset Management LLC raised its holdings in 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 during the period. Ritholtz Wealth Management raised its holdings in Citizens Community Bancorp by 159.4% during the 1st quarter. Ritholtz Wealth Management now owns 38,167 shares of the bank's stock worth $549,000 after buying an additional 23,451 shares during the period. Finally, Northern Trust Corp raised its holdings in Citizens Community Bancorp by 33.9% during the 4th quarter. Northern Trust Corp now owns 39,081 shares of the bank's stock worth $637,000 after buying an additional 9,894 shares during the period. Institutional investors and hedge funds own 55.11% of the company's stock.

Citizens Community Bancorp Trading Down 0.4%

NASDAQ CZWI opened at $16.36 on Thursday. The stock's 50-day moving average price is $15.80 and its two-hundred day moving average price is $14.81. The company has a market cap of $161.47 million, a PE ratio of 13.19 and a beta of 0.76. Citizens Community Bancorp, Inc. has a 1 year low of $12.69 and a 1 year high of $17.04.

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

Insider Transactions at Citizens Community Bancorp

In related news, Director Francis E. Felber acquired 3,000 shares of the business's stock in a transaction on Thursday, July 31st. The shares were purchased at an average price of $14.80 per share, for a total transaction of $44,400.00. Following the acquisition, the director owned 19,950 shares in the company, valued at approximately $295,260. This represents a 17.70% increase in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. In the last 90 days, insiders bought 7,071 shares of company stock worth $105,238. 3.90% of the stock is currently owned by insiders.

Citizens Community Bancorp Company 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.

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