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

StockNews.com started 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 Up 0.5 %

Shares of Citizens Community Bancorp stock opened at $14.17 on Friday. The business has a 50-day moving average price of $13.17 and a 200 day moving average price of $12.03. Citizens Community Bancorp has a fifty-two week low of $8.47 and a fifty-two week high of $14.17. The firm has a market cap of $147.45 million, a P/E ratio of 10.98 and a beta of 1.06. The company has a quick ratio of 0.95, a current ratio of 0.95 and a debt-to-equity ratio of 0.18.

Citizens Community Bancorp (NASDAQ:CZWI) last issued its quarterly earnings results on Monday, July 29th. The bank reported $0.36 earnings per share for the quarter, beating analysts’ consensus estimates of $0.27 by $0.09. The business had revenue of $13.49 million during the quarter, compared to the consensus estimate of $13.80 million. Citizens Community Bancorp had a return on equity of 8.37% and a net margin of 14.07%. On average, sell-side analysts forecast that Citizens Community Bancorp will post 1.3 earnings per share for the current fiscal year.

Institutional Inflows and Outflows

Large investors have recently modified their holdings of the business. Dimensional Fund Advisors LP raised its position in shares of Citizens Community Bancorp by 1.1% during the 2nd quarter. Dimensional Fund Advisors LP now owns 280,698 shares of the bank’s stock worth $3,248,000 after purchasing an additional 2,986 shares during the period. Acadian Asset Management LLC grew its stake in Citizens Community Bancorp by 25.0% during the 2nd quarter. Acadian Asset Management LLC now owns 48,065 shares of the bank’s stock worth $554,000 after buying an additional 9,615 shares during the last quarter. Commonwealth Equity Services LLC increased its position in Citizens Community Bancorp by 10.4% in the second quarter. Commonwealth Equity Services LLC now owns 21,254 shares of the bank’s stock worth $246,000 after buying an additional 2,000 shares during the period. Gendell Jeffrey L boosted its holdings in shares of 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 acquiring an additional 20,000 shares during the period. Finally, O Shaughnessy Asset Management LLC acquired a new stake in shares of Citizens Community Bancorp in the 1st quarter worth about $236,000. 55.11% of the stock is currently owned by 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.