StockNews.com Begins Coverage on Citizens Community Bancorp (NASDAQ:CZWI)

StockNews.com initiated coverage on shares of Citizens Community Bancorp (NASDAQ:CZWI) in a research report released on Friday. The firm issued a hold rating on the bank’s stock.

Citizens Community Bancorp Stock Performance

NASDAQ:CZWI opened at $11.95 on Friday. The firm’s fifty day moving average price is $11.71 and its 200 day moving average price is $11.66. Citizens Community Bancorp has a 1-year low of $8.47 and a 1-year high of $13.34. The company has a debt-to-equity ratio of 0.23, a current ratio of 0.96 and a quick ratio of 0.96. The firm has a market cap of $124.35 million, a price-to-earnings ratio of 9.26 and a beta of 1.06.

Institutional Investors Weigh In On Citizens Community Bancorp

Several institutional investors have recently made changes to their positions in the stock. Vanguard Group Inc. boosted its position in shares of Citizens Community Bancorp by 309.5% during the 1st quarter. Vanguard Group Inc. now owns 610,734 shares of the bank’s stock worth $7,420,000 after purchasing an additional 461,594 shares in the last quarter. Gendell Jeffrey L boosted its position in shares of Citizens Community Bancorp by 8.7% during the 1st quarter. Gendell Jeffrey L now owns 250,959 shares of the bank’s stock worth $3,049,000 after purchasing an additional 20,000 shares in the last quarter. Empowered Funds LLC boosted its position in shares of Citizens Community Bancorp by 8.1% during the 1st quarter. Empowered Funds LLC now owns 51,324 shares of the bank’s stock worth $624,000 after purchasing an additional 3,850 shares in the last quarter. Acadian Asset Management LLC boosted its position in shares of Citizens Community Bancorp by 37.3% during the 1st quarter. Acadian Asset Management LLC now owns 38,450 shares of the bank’s stock worth $465,000 after purchasing an additional 10,445 shares in the last quarter. Finally, Commonwealth Equity Services LLC boosted its position in shares of Citizens Community Bancorp by 10.4% during the 2nd quarter. Commonwealth Equity Services LLC now owns 21,254 shares of the bank’s stock worth $246,000 after purchasing an additional 2,000 shares in the last quarter. 55.11% of the stock is currently owned by hedge funds and other institutional investors.

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.