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

Citizens Community Bancorp, Inc. (NASDAQ:CZWI)’s share price passed below its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of $15.03 and traded as low as $14.83. Citizens Community Bancorp shares last traded at $14.88, with a volume of 21,028 shares trading hands.

Analysts Set New Price Targets

Separately, StockNews.com lowered Citizens Community Bancorp from a “buy” rating to a “hold” rating in a research note on Thursday, January 23rd.

Citizens Community Bancorp Stock Performance

The business has a 50-day moving average of $15.77 and a two-hundred day moving average of $15.03. The company has a market cap of $149.31 million, a P/E ratio of 11.19 and a beta of 1.07. The company has a debt-to-equity ratio of 0.12, a current ratio of 0.95 and a quick ratio of 0.95.

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

Citizens Community Bancorp Increases Dividend

The firm also recently declared an annual dividend, which was paid on Friday, February 21st. Shareholders of record on Friday, February 7th were issued a $0.36 dividend. This represents a yield of 2%. The ex-dividend date of this dividend was Friday, February 7th. This is an increase from Citizens Community Bancorp’s previous annual dividend of $0.32. Citizens Community Bancorp’s dividend payout ratio (DPR) is currently 27.07%.

Institutional Investors Weigh In On Citizens Community Bancorp

Several institutional investors have recently added to or reduced their stakes in CZWI. Russell Investments Group Ltd. acquired a new stake in Citizens Community Bancorp in the fourth quarter worth about $31,000. Barclays PLC acquired a new stake in Citizens Community Bancorp in the third quarter worth about $48,000. Fiduciary Trust Co acquired a new stake in Citizens Community Bancorp in the fourth quarter worth about $165,000. Citadel Advisors LLC acquired a new stake in Citizens Community Bancorp in the fourth quarter worth about $202,000. Finally, Schonfeld Strategic Advisors LLC acquired a new stake in Citizens Community Bancorp in the fourth quarter worth about $204,000. Institutional investors and hedge funds 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.