Kennedy Capital Management Inc. grew its position in shares of Citizens Community Bancorp, Inc. (NASDAQ:CZWI) by 92.7% in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 165,851 shares of the bank’s stock after purchasing an additional 79,801 shares during the period. Kennedy Capital Management Inc. owned about 3.15% of Citizens Community Bancorp worth $2,259,000 at the end of the most recent reporting period.
Separately, ValuEngine lowered Citizens Community Bancorp from a “buy” rating to a “hold” rating in a research note on Tuesday, June 27th.
In other news, CEO Stephen M. Bianchi acquired 8,000 shares of the business’s stock in a transaction dated Thursday, August 24th. The stock was purchased at an average price of $13.85 per share, for a total transaction of $110,800.00. Following the completion of the transaction, the chief executive officer now directly owns 18,086 shares in the company, valued at approximately $250,491.10. The acquisition was disclosed in a filing with the SEC, which is available through this link. Also, Director James R. Lang acquired 2,013 shares of the business’s stock in a transaction dated Tuesday, August 29th. The shares were purchased at an average price of $13.73 per share, with a total value of $27,638.49. The disclosure for this purchase can be found here. In the last 90 days, insiders have bought 15,237 shares of company stock valued at $209,589. Company insiders own 8.73% of the company’s stock.
Shares of Citizens Community Bancorp, Inc. (CZWI) opened at 13.24 on Wednesday. The company has a market cap of $69.85 million, a price-to-earnings ratio of 22.07 and a beta of 0.26. Citizens Community Bancorp, Inc. has a 52 week low of $10.80 and a 52 week high of $14.43. The firm’s 50-day moving average price is $13.76 and its 200 day moving average price is $13.82.
Citizens Community Bancorp (NASDAQ:CZWI) last issued its quarterly earnings data on Monday, July 31st. The bank reported $0.23 earnings per share for the quarter. The firm had revenue of $6.42 million during the quarter. Citizens Community Bancorp had a return on equity of 7.17% and a net margin of 11.05%.
About Citizens Community Bancorp
Citizens Community Bancorp, Inc is a bank holding company of Citizens Community Federal N.A. (the Bank). The Company is engaged in consumer, commercial and agricultural banking activities through the Bank. Through all of its branch locations in Wisconsin, Minnesota and Michigan, the Bank provides a range of commercial and consumer banking products and services to customers, including online and mobile banking options.
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