FJ Capital Management LLC Has $8.84 Million Stock Position in Citizens Community Bancorp, Inc. (NASDAQ:CZWI)

FJ Capital Management LLC cut its stake in Citizens Community Bancorp, Inc. (NASDAQ:CZWI - Free Report) by 33.9% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 542,904 shares of the bank's stock after selling 278,690 shares during the period. FJ Capital Management LLC owned approximately 5.41% of Citizens Community Bancorp worth $8,844,000 at the end of the most recent reporting period.

A number of other hedge funds have also made changes to their positions in CZWI. Fourthstone LLC boosted its stake in Citizens Community Bancorp by 145.8% in the 4th quarter. Fourthstone LLC now owns 263,742 shares of the bank's stock worth $4,296,000 after purchasing an additional 156,461 shares during the period. Susquehanna International Group LLP bought a new stake in shares of Citizens Community Bancorp in the 4th quarter valued at approximately $1,534,000. RFG Bristol Wealth Advisors LLC acquired a new position in Citizens Community Bancorp in the fourth quarter worth approximately $1,449,000. Arrowstreet Capital Limited Partnership raised its position in Citizens Community Bancorp by 50.4% during the fourth quarter. Arrowstreet Capital Limited Partnership now owns 65,724 shares of the bank's stock valued at $1,071,000 after acquiring an additional 22,025 shares in the last quarter. Finally, 683 Capital Management LLC acquired a new stake in Citizens Community Bancorp in the fourth quarter valued at approximately $344,000. Institutional investors and hedge funds own 55.11% of the company's stock.

Wall Street Analyst Weigh In

Separately, StockNews.com raised shares of Citizens Community Bancorp from a "hold" rating to a "buy" rating in a research report on Tuesday.

Citizens Community Bancorp Price Performance

Shares of CZWI traded up $0.37 on Wednesday, hitting $15.12. The company's stock had a trading volume of 3,907 shares, compared to its average volume of 17,469. Citizens Community Bancorp, Inc. has a fifty-two week low of $10.64 and a fifty-two week high of $17.04. The company has a market capitalization of $151.05 million, a PE ratio of 11.37 and a beta of 0.74. The company has a debt-to-equity ratio of 0.12, a current ratio of 0.95 and a quick ratio of 0.95. The company has a 50 day moving average price of $14.22 and a 200 day moving average price of $15.19.

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 business 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 13.79% and a return on equity of 7.87%. On average, research analysts anticipate that Citizens Community Bancorp, Inc. will post 1.31 earnings per share for the current fiscal 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.