Citizens Community Bancorp (NASDAQ:CZWI) Now Covered by Analysts at StockNews.com

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

Citizens Community Bancorp Stock Up 0.7 %

Shares of NASDAQ:CZWI opened at $13.91 on Thursday. Citizens Community Bancorp has a fifty-two week low of $8.47 and a fifty-two week high of $13.91. The company has a quick ratio of 0.95, a current ratio of 0.95 and a debt-to-equity ratio of 0.18. The firm’s 50-day simple moving average is $12.94 and its 200-day simple moving average is $11.96. The company has a market cap of $144.75 million, a price-to-earnings ratio of 10.78 and a beta of 1.06.

Citizens Community Bancorp (NASDAQ:CZWI) last released its earnings results on Monday, July 29th. The bank reported $0.36 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.27 by $0.09. The company had revenue of $13.49 million for the quarter, compared to analysts’ expectations of $13.80 million. Citizens Community Bancorp had a return on equity of 8.37% and a net margin of 14.07%. As a group, equities research analysts predict that Citizens Community Bancorp will post 1.3 earnings per share for the current year.

Institutional Investors Weigh In On Citizens Community Bancorp

Several institutional investors have recently made changes to their positions in the stock. Empowered Funds LLC lifted its stake in shares of Citizens Community Bancorp by 8.1% in the first quarter. Empowered Funds LLC now owns 51,324 shares of the bank’s stock valued at $624,000 after purchasing an additional 3,850 shares during the period. Vanguard Group Inc. lifted 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 valued at $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% during the 1st 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 in the last quarter. O Shaughnessy Asset Management LLC acquired a new stake in shares of Citizens Community Bancorp in the 1st quarter worth approximately $236,000. Finally, Gendell Jeffrey L increased its stake in Citizens Community Bancorp by 8.7% in the 1st quarter. Gendell Jeffrey L now owns 250,959 shares of the bank’s stock valued at $3,049,000 after purchasing an additional 20,000 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.