RFG Bristol Wealth Advisors LLC Makes New Investment in Citizens Community Bancorp, Inc. (NASDAQ:CZWI)

RFG Bristol Wealth Advisors LLC bought a new stake in Citizens Community Bancorp, Inc. (NASDAQ:CZWI) during the 4th quarter, HoldingsChannel reports. The fund bought 88,970 shares of the bank’s stock, valued at approximately $1,449,000.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Geode Capital Management LLC increased its stake in 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 acquiring an additional 1,732 shares during the last quarter. Arrowstreet Capital Limited Partnership lifted its stake 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 worth $1,071,000 after purchasing an additional 22,025 shares during the last quarter. Empowered Funds LLC boosted its holdings 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 valued at $967,000 after purchasing an additional 1,100 shares in the last quarter. O Shaughnessy Asset Management LLC increased its stake in shares of Citizens Community Bancorp by 36.2% in the 4th quarter. O Shaughnessy Asset Management LLC now owns 24,958 shares of the bank’s stock valued at $407,000 after purchasing an additional 6,631 shares during the last quarter. Finally, Ritholtz Wealth Management acquired a new position in shares of Citizens Community Bancorp during the 4th quarter worth $240,000. 55.11% of the stock is currently owned by institutional investors and hedge funds.

Citizens Community Bancorp Trading Up 1.0 %

Shares of Citizens Community Bancorp stock opened at $14.53 on Wednesday. The firm’s 50 day moving average is $15.14 and its 200 day moving average is $15.19. The firm has a market capitalization of $145.15 million, a PE ratio of 10.92 and a beta of 1.12. Citizens Community Bancorp, Inc. has a 1 year low of $10.14 and a 1 year high of $17.04. The company has a current ratio of 0.95, a quick ratio of 0.95 and a debt-to-equity ratio of 0.12.

Citizens Community Bancorp (NASDAQ:CZWI) last issued its earnings results 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 net margin of 13.79% and a return on equity of 7.87%. Equities research analysts forecast that Citizens Community Bancorp, Inc. will post 1.31 earnings per share for the current fiscal year.

Citizens Community Bancorp Increases Dividend

The company also recently announced 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 a boost from Citizens Community Bancorp’s previous annual dividend of $0.32. Citizens Community Bancorp’s dividend payout ratio is presently 27.07%.

Analysts Set New Price Targets

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

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.