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

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

Citizens Community Bancorp Trading Up 1.4 %

Shares of CZWI stock opened at $15.21 on Thursday. The company has a market capitalization of $152.56 million, a P/E ratio of 10.79 and a beta of 1.06. The company has a current ratio of 0.95, a quick ratio of 0.95 and a debt-to-equity ratio of 0.12. The business’s 50 day moving average is $14.06 and its two-hundred day moving average is $12.70. Citizens Community Bancorp has a twelve month low of $10.14 and a twelve month high of $15.21.

Citizens Community Bancorp (NASDAQ:CZWI) last posted its quarterly earnings data on Monday, October 28th. The bank reported $0.32 earnings per share for the quarter, beating analysts’ consensus estimates of $0.27 by $0.05. Citizens Community Bancorp had a net margin of 14.70% and a return on equity of 8.64%. The firm had revenue of $25.43 million for the quarter, compared to analyst estimates of $14.00 million. Equities analysts forecast that Citizens Community Bancorp will post 1.34 EPS for the current year.

Institutional Investors Weigh In On Citizens Community Bancorp

A number of hedge funds have recently added to or reduced their stakes in the company. Barclays PLC acquired a new stake in Citizens Community Bancorp in the third quarter valued at $48,000. O Shaughnessy Asset Management LLC purchased a new stake in Citizens Community Bancorp during the first quarter worth about $236,000. Commonwealth Equity Services LLC grew its position in Citizens Community Bancorp by 10.4% during 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. Acadian Asset Management LLC grew its position in Citizens Community Bancorp by 37.3% during the first quarter. Acadian Asset Management LLC now owns 38,450 shares of the bank’s stock worth $465,000 after buying an additional 10,445 shares during the period. Finally, Empowered Funds LLC increased its holdings in 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 buying an additional 3,850 shares in the last quarter. Institutional investors and hedge funds 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.