Insider Buying: Citizens First Corp. (CZFC) Director Purchases 750 Shares of Stock

Citizens First Corp. (NASDAQ:CZFC) Director Mark Iverson purchased 750 shares of the stock in a transaction dated Tuesday, February 6th. The shares were purchased at an average price of $24.05 per share, with a total value of $18,037.50. Following the completion of the acquisition, the director now owns 2,501 shares of the company’s stock, valued at $60,149.05. The purchase was disclosed in a filing with the SEC, which is available through the SEC website.

Mark Iverson also recently made the following trade(s):

  • On Wednesday, December 27th, Mark Iverson purchased 1 shares of Citizens First stock. The shares were purchased at an average price of $23.25 per share, with a total value of $23.25.

Shares of Citizens First Corp. (NASDAQ CZFC) opened at $23.90 on Friday. The company has a market cap of $60.63, a PE ratio of 15.00 and a beta of 0.37. Citizens First Corp. has a twelve month low of $18.00 and a twelve month high of $26.38. The company has a current ratio of 1.06, a quick ratio of 1.06 and a debt-to-equity ratio of 0.99.

Citizens First (NASDAQ:CZFC) last issued its quarterly earnings results on Friday, January 19th. The bank reported $0.37 EPS for the quarter. The business had revenue of $4.93 million during the quarter. Citizens First had a net margin of 18.46% and a return on equity of 9.72%.

The company also recently declared a semiannual dividend, which will be paid on Thursday, February 15th. Stockholders of record on Friday, February 2nd will be issued a dividend of $0.06 per share. The ex-dividend date is Thursday, February 1st. This represents a dividend yield of 0.5%. Citizens First’s dividend payout ratio (DPR) is presently 15.00%.

Several hedge funds and other institutional investors have recently modified their holdings of the company. Cutler Capital Management LLC grew its holdings in shares of Citizens First by 6.4% during the fourth quarter. Cutler Capital Management LLC now owns 58,500 shares of the bank’s stock worth $1,404,000 after buying an additional 3,500 shares in the last quarter. Delphi Management Inc. MA purchased a new stake in shares of Citizens First during the third quarter worth about $274,000. Dimensional Fund Advisors LP grew its holdings in shares of Citizens First by 52.8% during the third quarter. Dimensional Fund Advisors LP now owns 20,616 shares of the bank’s stock worth $491,000 after buying an additional 7,122 shares in the last quarter. Finally, Salzhauer Michael purchased a new stake in shares of Citizens First during the third quarter worth about $238,000. Institutional investors and hedge funds own 27.19% of the company’s stock.

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About Citizens First

Citizens First Corporation is the bank holding company for Citizens First Bank, Inc (the Bank). The Bank conducts full-service community banking operations from approximately 10 locations in the Kentucky counties of Barren, Hart, Simpson and Warren. The Bank is primarily engaged in the business of accepting demand, savings and time deposits insured by the Federal Deposit Insurance Corporation (FDIC) and providing commercial, consumer and mortgage loans to the general public.

Insider Buying and Selling by Quarter for Citizens First (NASDAQ:CZFC)

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