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

Research analysts at StockNews.com started coverage on shares of Citizens Community Bancorp (NASDAQ:CZWI) in a research note issued on Sunday. The brokerage set a “hold” rating on the bank’s stock.

Citizens Community Bancorp Stock Performance

Shares of CZWI opened at $13.18 on Friday. The company has a debt-to-equity ratio of 0.23, a quick ratio of 0.96 and a current ratio of 0.96. The company has a market capitalization of $137.15 million, a PE ratio of 10.22 and a beta of 1.06. The company’s 50 day moving average price is $11.90 and its 200 day moving average price is $11.69. Citizens Community Bancorp has a 52 week low of $8.47 and a 52 week high of $13.34.

Citizens Community Bancorp (NASDAQ:CZWI) last issued its quarterly earnings data on Monday, July 29th. The bank reported $0.36 earnings per share for the quarter, topping analysts’ consensus estimates of $0.27 by $0.09. Citizens Community Bancorp had a net margin of 14.07% and a return on equity of 8.44%. The business had revenue of $13.49 million during the quarter, compared to analysts’ expectations of $13.80 million. Research analysts expect that Citizens Community Bancorp will post 1.22 EPS for the current fiscal year.

Hedge Funds Weigh In On Citizens Community Bancorp

Several large investors have recently bought and sold shares of the stock. Vanguard Group Inc. increased its holdings in Citizens Community Bancorp by 309.5% in the 1st quarter. Vanguard Group Inc. now owns 610,734 shares of the bank’s stock valued at $7,420,000 after buying an additional 461,594 shares during the period. Gendell Jeffrey L raised its position in shares of 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 acquiring an additional 20,000 shares during the period. O Shaughnessy Asset Management LLC acquired a new stake in shares of Citizens Community Bancorp in the 1st quarter valued at approximately $236,000. Acadian Asset Management LLC increased its stake in 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, Empowered Funds LLC increased its stake in 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. 55.11% of the stock is currently owned by institutional investors and hedge funds.

About Citizens Community Bancorp

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.