Citizens Community Bancorp (NASDAQ:CZWI) Research Coverage Started at StockNews.com

StockNews.com began coverage on shares of Citizens Community Bancorp (NASDAQ:CZWI) in a research report report published on Monday morning. The brokerage issued a hold rating on the bank’s stock.

Separately, Hovde Group upgraded Citizens Community Bancorp from a market perform rating to an outperform rating in a research report on Monday, March 4th.

Citizens Community Bancorp Trading Up 0.4 %

Citizens Community Bancorp stock opened at $11.30 on Monday. The company has a current ratio of 0.96, a quick ratio of 0.96 and a debt-to-equity ratio of 0.23. The business’s fifty day simple moving average is $11.26 and its two-hundred day simple moving average is $11.55. Citizens Community Bancorp has a 12 month low of $8.47 and a 12 month high of $12.61. The company has a market capitalization of $117.59 million, a price-to-earnings ratio of 8.76 and a beta of 1.06.

Citizens Community Bancorp (NASDAQ:CZWI) last posted its quarterly earnings results on Monday, April 29th. The bank reported $0.39 earnings per share for the quarter, topping the consensus estimate of $0.26 by $0.13. Citizens Community Bancorp had a return on equity of 8.14% and a net margin of 13.69%. The firm had revenue of $25.94 million during the quarter, compared to analysts’ expectations of $13.90 million. As a group, equities analysts predict that Citizens Community Bancorp will post 1.22 earnings per share for the current fiscal year.

Institutional Trading of Citizens Community Bancorp

A number of hedge funds have recently bought and sold shares of CZWI. Empowered Funds LLC increased its position in Citizens Community Bancorp by 8.1% in the first quarter. Empowered Funds LLC now owns 51,324 shares of the bank’s stock worth $624,000 after buying an additional 3,850 shares in the last quarter. Vanguard Group Inc. boosted its stake in shares of Citizens Community Bancorp by 309.5% in the first quarter. Vanguard Group Inc. now owns 610,734 shares of the bank’s stock worth $7,420,000 after acquiring an additional 461,594 shares during the period. Acadian Asset Management LLC boosted its stake in shares of Citizens Community Bancorp by 37.3% in the first quarter. Acadian Asset Management LLC now owns 38,450 shares of the bank’s stock worth $465,000 after acquiring an additional 10,445 shares during the period. O Shaughnessy Asset Management LLC bought a new position in shares of Citizens Community Bancorp in the first quarter worth about $236,000. Finally, Gendell Jeffrey L boosted its stake in Citizens Community Bancorp by 8.7% during the first quarter. Gendell Jeffrey L now owns 250,959 shares of the bank’s stock valued at $3,049,000 after buying an additional 20,000 shares during the last quarter. Hedge funds and other institutional investors own 55.11% of the company’s stock.

Citizens Community Bancorp Company 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.