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

RFG Bristol Wealth Advisors LLC bought a new position in Citizens Community Bancorp, Inc. (NASDAQ:CZWI) in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor bought 88,970 shares of the bank’s stock, valued at approximately $1,449,000. RFG Bristol Wealth Advisors LLC owned 0.89% of Citizens Community Bancorp at the end of the most recent quarter.

A number of other large investors have also recently added to or reduced their stakes in the company. O Shaughnessy Asset Management LLC boosted its position in shares of Citizens Community Bancorp by 36.2% during the fourth quarter. O Shaughnessy Asset Management LLC now owns 24,958 shares of the bank’s stock worth $407,000 after buying an additional 6,631 shares during the period. Arrowstreet Capital Limited Partnership lifted its stake in Citizens Community Bancorp by 50.4% in the 4th 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. Hillsdale Investment Management Inc. bought a new stake in Citizens Community Bancorp in the 4th quarter valued at approximately $226,000. Empowered Funds LLC boosted its position in Citizens Community Bancorp by 1.9% during the 4th quarter. Empowered Funds LLC now owns 59,332 shares of the bank’s stock worth $967,000 after acquiring an additional 1,100 shares during the last quarter. Finally, Ritholtz Wealth Management bought a new position in shares of Citizens Community Bancorp during the 4th quarter worth approximately $240,000. Institutional investors own 55.11% of the company’s stock.

Wall Street Analyst Weigh In

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

Citizens Community Bancorp Price Performance

Shares of NASDAQ CZWI opened at $14.53 on Wednesday. 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 business has a 50-day moving average of $15.14 and a 200-day moving average of $15.19. The stock 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, Inc. has a fifty-two week low of $10.14 and a fifty-two week high of $17.04.

Citizens Community Bancorp (NASDAQ:CZWI) last issued its quarterly earnings results on Monday, January 27th. The bank reported $0.27 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%. As a group, sell-side analysts predict 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. Investors of record on Friday, February 7th were paid a $0.36 dividend. The ex-dividend date was Friday, February 7th. This is a boost from Citizens Community Bancorp’s previous annual dividend of $0.32. This represents a dividend yield of 2%. Citizens Community Bancorp’s dividend payout ratio (DPR) is currently 27.07%.

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.