Citizens (NASDAQ:CIZN) Share Price Crosses Below Two Hundred Day Moving Average of $15.47

Citizens Holding (NASDAQ:CIZN – Get Rating)’s stock price crossed below its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of $15.47 and traded as low as $13.20. Citizens shares last traded at $13.27, with a volume of 9,035 shares changing hands.

Citizens Stock Performance

The firm’s 50-day moving average is $13.68 and its two-hundred day moving average is $15.47. The stock has a market cap of $74.37 million, a P/E ratio of 8.35 and a beta of 0.05.

Citizens (NASDAQ:CIZN – Get Rating) last announced its quarterly earnings results on Tuesday, October 25th. The bank reported $0.46 earnings per share (EPS) for the quarter. The company had revenue of $11.93 million during the quarter. Citizens had a net margin of 18.14% and a return on equity of 15.77%.

Citizens Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, December 30th. Shareholders of record on Friday, December 16th were issued a $0.24 dividend. The ex-dividend date of this dividend was Thursday, December 15th. This represents a $0.96 annualized dividend and a yield of 7.23%. Citizens’s dividend payout ratio is currently 60.38%.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently made changes to their positions in the business. UBS Group AG boosted its position in shares of Citizens by 105.7% during the 3rd quarter. UBS Group AG now owns 1,868 shares of the bank’s stock worth $29,000 after acquiring an additional 960 shares in the last quarter. Ergoteles LLC bought a new position in shares of Citizens during the third quarter valued at $171,000. Jane Street Group LLC bought a new position in shares of Citizens during the third quarter valued at $196,000. State Street Corp bought a new position in Citizens during the first quarter worth $207,000. Finally, ACG Wealth raised its stake in Citizens by 1.9% during the third quarter. ACG Wealth now owns 37,824 shares of the bank’s stock worth $579,000 after buying an additional 715 shares during the last quarter. Institutional investors and hedge funds own 12.80% of the company’s stock.

Citizens Company Profile

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Citizens Holding Co operates as a bank holding company, which engages in the provision of commercial and personal banking services through the Citizens Bank of Philadelphia. Its activities include accepting demand deposits, savings, and time deposit accounts, making secured and unsecured loans, issuing letters of credit, originating mortgage loans, and providing personal and corporate trust services.