Ritholtz Wealth Management Has $549,000 Holdings in Citizens Community Bancorp, Inc. (NASDAQ:CZWI)

Ritholtz Wealth Management boosted its position in Citizens Community Bancorp, Inc. (NASDAQ:CZWI - Free Report) by 159.4% during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 38,167 shares of the bank's stock after acquiring an additional 23,451 shares during the quarter. Ritholtz Wealth Management owned 0.38% of Citizens Community Bancorp worth $549,000 at the end of the most recent reporting period.

A number of other hedge funds have also added to or reduced their stakes in the company. Millennium Management LLC acquired a new stake in Citizens Community Bancorp in the fourth quarter valued at approximately $416,000. Fiduciary Trust Co acquired a new stake in Citizens Community Bancorp in the fourth quarter valued at approximately $165,000. Citadel Advisors LLC acquired a new stake in Citizens Community Bancorp in the fourth quarter valued at approximately $202,000. 683 Capital Management LLC acquired a new stake in Citizens Community Bancorp in the fourth quarter valued at approximately $344,000. Finally, Jane Street Group LLC acquired a new stake in Citizens Community Bancorp in the fourth quarter valued at approximately $327,000. 55.11% of the stock is owned by institutional investors.

Wall Street Analysts Forecast Growth

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

Citizens Community Bancorp Trading Down 0.4%

Citizens Community Bancorp stock traded down $0.05 during mid-day trading on Friday, reaching $13.19. The company had a trading volume of 44,937 shares, compared to its average volume of 18,919. The company has a market cap of $131.77 million, a P/E ratio of 10.47 and a beta of 0.74. The business has a fifty day simple moving average of $14.40 and a 200 day simple moving average of $15.04. Citizens Community Bancorp, Inc. has a fifty-two week low of $11.05 and a fifty-two week high of $17.04.

Citizens Community Bancorp (NASDAQ:CZWI - Get Free Report) last issued its quarterly earnings results on Monday, April 28th. The bank reported $0.32 EPS for the quarter, topping analysts' consensus estimates of $0.27 by $0.05. The company had revenue of $14.19 million for the quarter, compared to analyst estimates of $14.20 million. Citizens Community Bancorp had a net margin of 13.19% and a return on equity of 7.26%. Research analysts forecast that Citizens Community Bancorp, Inc. will post 1.31 EPS for the current year.

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.