Citizens Community Bancorp, Inc. (NASDAQ:CZWI) Shares Acquired by Ritholtz Wealth Management

Ritholtz Wealth Management grew its stake in Citizens Community Bancorp, Inc. (NASDAQ:CZWI - Free Report) by 159.4% during the first quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 38,167 shares of the bank's stock after purchasing an additional 23,451 shares during the quarter. Ritholtz Wealth Management owned approximately 0.38% of Citizens Community Bancorp worth $549,000 as of its most recent filing with the SEC.

A number of other institutional investors have also modified their holdings of CZWI. Russell Investments Group Ltd. acquired a new stake in shares of Citizens Community Bancorp in the 4th quarter valued at about $31,000. Fiduciary Trust Co acquired a new stake in Citizens Community Bancorp during the fourth quarter worth about $165,000. Citadel Advisors LLC acquired a new stake in Citizens Community Bancorp during the fourth quarter worth about $202,000. Schonfeld Strategic Advisors LLC acquired a new stake in Citizens Community Bancorp during the fourth quarter worth about $204,000. Finally, Hillsdale Investment Management Inc. acquired a new stake in Citizens Community Bancorp during the fourth quarter worth about $226,000. Institutional investors and hedge funds own 55.11% of the company's stock.

Analyst Upgrades and Downgrades

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

Citizens Community Bancorp Stock Down 0.7%

CZWI opened at $13.24 on Thursday. The firm has a market cap of $132.27 million, a price-to-earnings ratio of 10.51 and a beta of 0.74. Citizens Community Bancorp, Inc. has a fifty-two week low of $10.92 and a fifty-two week high of $17.04. The company's 50-day moving average price is $14.38 and its 200 day moving average price is $15.10.

Citizens Community Bancorp (NASDAQ:CZWI - Get Free Report) last released its quarterly earnings data on Monday, April 28th. The bank reported $0.32 earnings per share for the quarter, topping the consensus estimate of $0.27 by $0.05. The firm 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 anticipate that Citizens Community Bancorp, Inc. will post 1.31 earnings per share 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.

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