Citizens Community Bancorp, Inc. (NASDAQ:CZWI) Shares Acquired by Arrowstreet Capital Limited Partnership

Arrowstreet Capital Limited Partnership increased its holdings in shares of Citizens Community Bancorp, Inc. (NASDAQ:CZWI) by 50.4% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 65,724 shares of the bank’s stock after acquiring an additional 22,025 shares during the period. Arrowstreet Capital Limited Partnership’s holdings in Citizens Community Bancorp were worth $1,071,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Hillsdale Investment Management Inc. acquired a new stake in Citizens Community Bancorp in the fourth quarter valued at $226,000. Empowered Funds LLC boosted its position in shares of Citizens Community Bancorp by 1.9% in the 4th quarter. Empowered Funds LLC now owns 59,332 shares of the bank’s stock worth $967,000 after buying an additional 1,100 shares in the last quarter. Ritholtz Wealth Management acquired a new stake in Citizens Community Bancorp in the 4th quarter valued at about $240,000. Barclays PLC purchased a new position in Citizens Community Bancorp during the 3rd quarter valued at about $48,000. Finally, Geode Capital Management LLC raised its position in Citizens Community Bancorp by 1.7% during the third quarter. Geode Capital Management LLC now owns 104,125 shares of the bank’s stock worth $1,476,000 after acquiring an additional 1,732 shares during the last quarter. Institutional investors and hedge funds own 55.11% of the company’s stock.

Citizens Community Bancorp Stock Performance

Shares of NASDAQ CZWI opened at $12.71 on Friday. The company has a 50-day simple moving average of $14.64 and a 200-day simple moving average of $15.13. 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 cap of $126.97 million, a PE ratio of 9.56 and a beta of 0.82. Citizens Community Bancorp, Inc. has a 12 month low of $10.14 and a 12 month high of $17.04.

Citizens Community Bancorp (NASDAQ:CZWI) last issued its quarterly earnings results on Monday, January 27th. The bank reported $0.27 earnings per share 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%. On average, equities analysts anticipate that Citizens Community Bancorp, Inc. will post 1.31 earnings per share for the current 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 paid a $0.36 dividend. This represents a yield of 2%. This is a positive change from Citizens Community Bancorp’s previous annual dividend of $0.32. The ex-dividend date was Friday, February 7th. Citizens Community Bancorp’s dividend payout ratio (DPR) is presently 27.07%.

Analyst Ratings Changes

Separately, StockNews.com upgraded Citizens Community Bancorp from a “hold” rating to a “buy” rating in a research report on Thursday.

About Citizens Community Bancorp

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.