Renaissance Technologies LLC Trims Stock Holdings in Citizens Community Bancorp, Inc. (NASDAQ:CZWI)

Renaissance Technologies LLC lessened its stake in shares of Citizens Community Bancorp, Inc. (NASDAQ:CZWI) by 38.0% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 17,674 shares of the bank’s stock after selling 10,826 shares during the quarter. Renaissance Technologies LLC owned approximately 0.18% of Citizens Community Bancorp worth $288,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in CZWI. Russell Investments Group Ltd. acquired a new stake in shares of Citizens Community Bancorp during the 4th quarter worth about $31,000. Barclays PLC acquired a new stake in Citizens Community Bancorp during the third quarter worth approximately $48,000. Hillsdale Investment Management Inc. purchased a new stake in Citizens Community Bancorp in the 4th quarter worth approximately $226,000. Ritholtz Wealth Management purchased a new stake in Citizens Community Bancorp in the 4th quarter worth approximately $240,000. Finally, O Shaughnessy Asset Management LLC raised its holdings in 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 acquiring an additional 6,631 shares during the last quarter. Hedge funds and other institutional investors own 55.11% of the company’s stock.

Citizens Community Bancorp Price Performance

CZWI opened at $14.90 on Tuesday. Citizens Community Bancorp, Inc. has a 12 month low of $10.64 and a 12 month high of $17.04. The business has a 50-day moving average of $14.25 and a two-hundred day moving average of $15.17. 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 stock has a market capitalization of $148.85 million, a price-to-earnings ratio of 11.20 and a beta of 0.82.

Citizens Community Bancorp (NASDAQ:CZWI) last released its earnings results on Monday, April 28th. The bank reported $0.32 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.27 by $0.05. The firm had revenue of $14.19 million during the quarter, compared to the consensus estimate of $14.20 million. Citizens Community Bancorp had a net margin of 13.79% and a return on equity of 7.87%. On average, research analysts expect that Citizens Community Bancorp, Inc. will post 1.31 earnings per share for the current year.

Wall Street Analysts Forecast Growth

Separately, StockNews.com downgraded Citizens Community Bancorp from a “buy” rating to a “hold” rating in a research report on Friday, April 18th.

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.