Citizens Community Bancorp (NASDAQ:CZWI) Coverage Initiated by Analysts at StockNews.com

StockNews.com assumed coverage on shares of Citizens Community Bancorp (NASDAQ:CZWI) in a report published on Wednesday morning. The firm issued a hold rating on the bank’s stock.

Citizens Community Bancorp Stock Up 2.9 %

NASDAQ:CZWI opened at $14.40 on Wednesday. The company has a debt-to-equity ratio of 0.18, a current ratio of 0.95 and a quick ratio of 0.95. The firm has a market cap of $148.32 million, a PE ratio of 10.21 and a beta of 1.06. The company has a 50-day moving average of $13.88 and a 200 day moving average of $12.48. Citizens Community Bancorp has a 1-year low of $9.00 and a 1-year high of $14.59.

Citizens Community Bancorp (NASDAQ:CZWI) last announced its quarterly earnings results on Monday, October 28th. The bank reported $0.32 earnings per share for the quarter, topping the consensus estimate of $0.27 by $0.05. The firm had revenue of $25.43 million during the quarter, compared to analysts’ expectations of $14.00 million. Citizens Community Bancorp had a net margin of 14.70% and a return on equity of 8.72%. As a group, research analysts anticipate that Citizens Community Bancorp will post 1.3 EPS for the current fiscal year.

Hedge Funds Weigh In On Citizens Community Bancorp

Institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Vanguard Group Inc. boosted its holdings in shares of 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 in the last quarter. Dimensional Fund Advisors LP boosted its stake in Citizens Community Bancorp by 1.1% in the second quarter. Dimensional Fund Advisors LP now owns 280,698 shares of the bank’s stock valued at $3,248,000 after acquiring an additional 2,986 shares in the last quarter. Gendell Jeffrey L boosted its stake in Citizens Community Bancorp by 8.7% in 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 in the last quarter. Empowered Funds LLC grew its holdings in Citizens Community Bancorp by 5.3% in the third quarter. Empowered Funds LLC now owns 58,232 shares of the bank’s stock worth $825,000 after purchasing an additional 2,948 shares during the last quarter. Finally, Acadian Asset Management LLC increased its position in shares of Citizens Community Bancorp by 25.0% during the second quarter. Acadian Asset Management LLC now owns 48,065 shares of the bank’s stock worth $554,000 after purchasing an additional 9,615 shares in the last quarter. Hedge funds and other institutional investors 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.