Farther Finance Advisors LLC Takes Position in Citizens Community Bancorp, Inc. $CZWI

Farther Finance Advisors LLC bought a new position in shares of Citizens Community Bancorp, Inc. (NASDAQ:CZWI) during the second quarter, according to its most recent Form 13F filing with the SEC. The fund bought 4,905 shares of the bank’s stock, valued at approximately $68,000.

A number of other institutional investors have also recently added to or reduced their stakes in CZWI. Citadel Advisors LLC bought a new stake in Citizens Community Bancorp during the 4th quarter worth approximately $202,000. Millennium Management LLC bought a new stake in Citizens Community Bancorp during the 4th quarter worth approximately $416,000. Ritholtz Wealth Management grew its holdings in Citizens Community Bancorp by 159.4% during the 1st quarter. Ritholtz Wealth Management now owns 38,167 shares of the bank’s stock worth $549,000 after acquiring an additional 23,451 shares during the last quarter. Jane Street Group LLC grew its holdings in Citizens Community Bancorp by 108.2% during the 1st quarter. Jane Street Group LLC now owns 41,813 shares of the bank’s stock worth $601,000 after acquiring an additional 21,726 shares during the last quarter. Finally, Goldman Sachs Group Inc. grew its holdings in Citizens Community Bancorp by 59.2% during the 1st quarter. Goldman Sachs Group Inc. now owns 41,890 shares of the bank’s stock worth $602,000 after acquiring an additional 15,582 shares during the last quarter. 55.11% of the stock is owned by institutional investors.

Citizens Community Bancorp Stock Up 0.8%

Citizens Community Bancorp stock opened at $15.88 on Monday. Citizens Community Bancorp, Inc. has a 12-month low of $12.69 and a 12-month high of $17.04. The firm’s fifty day moving average is $15.95 and its 200 day moving average is $14.90. The company has a market capitalization of $156.74 million, a PE ratio of 12.81 and a beta of 0.75.

Citizens Community Bancorp (NASDAQ:CZWI) last released its earnings results on Monday, July 28th. The bank reported $0.33 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.29 by $0.04. Citizens Community Bancorp had a net margin of 12.65% and a return on equity of 6.89%. The company had revenue of $16.15 million for the quarter, compared to the consensus estimate of $14.70 million. Sell-side analysts expect that Citizens Community Bancorp, Inc. will post 1.31 EPS for the current fiscal year.

Insider Activity

In related news, Director Francis E. Felber bought 3,000 shares of the company’s stock in a transaction that occurred on Thursday, July 31st. The shares were bought at an average price of $14.80 per share, for a total transaction of $44,400.00. Following the transaction, the director directly owned 19,950 shares of the company’s stock, valued at approximately $295,260. The trade was a 17.70% increase in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. In the last 90 days, insiders have acquired 7,071 shares of company stock worth $105,238. 3.90% of the stock is owned by insiders.

Wall Street Analysts Forecast Growth

Separately, Weiss Ratings reissued a “hold (c)” rating on shares of Citizens Community Bancorp in a report on Saturday, September 27th. One equities research analyst has rated the stock with a Hold rating, Based on data from MarketBeat, the company presently has a consensus rating of “Hold”.

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.