Citizens Community Bancorp (NASDAQ:CZWI) Stock Price Passes Below 200-Day Moving Average – Here’s What Happened

Shares of Citizens Community Bancorp, Inc. (NASDAQ:CZWI) crossed below its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of $15.19 and traded as low as $14.14. Citizens Community Bancorp shares last traded at $14.53, with a volume of 28,793 shares trading hands.

Analysts Set New Price Targets

Separately, StockNews.com upgraded Citizens Community Bancorp from a “hold” rating to a “buy” rating in a research note on Monday, March 17th.

Citizens Community Bancorp Trading Up 1.0 %

The business’s 50-day moving average price is $15.14 and its two-hundred day moving average price is $15.19. 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 market capitalization of $145.15 million, a price-to-earnings ratio of 10.92 and a beta of 1.12.

Citizens Community Bancorp (NASDAQ:CZWI) last issued its quarterly earnings results on Monday, January 27th. The bank reported $0.27 earnings per share (EPS) for the quarter, meeting the consensus estimate of $0.27. Citizens Community Bancorp had a return on equity of 7.87% and a net margin of 13.79%. Research analysts predict that Citizens Community Bancorp, Inc. will post 1.31 earnings per share for the current year.

Citizens Community Bancorp Increases Dividend

The company also recently announced an annual dividend, which was paid on Friday, February 21st. Investors of record on Friday, February 7th were issued a $0.36 dividend. This is a positive change from Citizens Community Bancorp’s previous annual dividend of $0.32. The ex-dividend date of this dividend was Friday, February 7th. This represents a yield of 2%. Citizens Community Bancorp’s payout ratio is presently 27.07%.

Hedge Funds Weigh In On Citizens Community Bancorp

Institutional investors and hedge funds have recently made changes to their positions in the stock. Dimensional Fund Advisors LP grew its holdings in shares of Citizens Community Bancorp by 5.0% in the fourth quarter. Dimensional Fund Advisors LP now owns 300,796 shares of the bank’s stock valued at $4,900,000 after acquiring an additional 14,367 shares in the last quarter. Fourthstone LLC boosted its holdings 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 buying an additional 156,461 shares during the period. Geode Capital Management LLC grew its position in shares of Citizens Community Bancorp by 1.7% in the third quarter. Geode Capital Management LLC now owns 104,125 shares of the bank’s stock valued at $1,476,000 after purchasing an additional 1,732 shares in the last quarter. Susquehanna International Group LLP bought a new stake in shares of Citizens Community Bancorp during the fourth quarter valued at about $1,534,000. Finally, RFG Bristol Wealth Advisors LLC purchased a new stake in Citizens Community Bancorp in the 4th quarter worth approximately $1,449,000. Institutional investors own 55.11% of the company’s stock.

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.