Citizens Community Bancorp (NASDAQ:CZWI) Upgraded at StockNews.com

Citizens Community Bancorp (NASDAQ:CZWI) was upgraded by research analysts at StockNews.com from a “hold” rating to a “buy” rating in a note issued to investors on Wednesday.

Citizens Community Bancorp Trading Up 2.8 %

CZWI traded up $0.44 during trading on Wednesday, reaching $15.94. The company had a trading volume of 33,126 shares, compared to its average volume of 22,792. The firm’s 50-day simple moving average is $16.01 and its 200 day simple moving average is $14.16. The company has a debt-to-equity ratio of 0.12, a quick ratio of 0.95 and a current ratio of 0.95. The company has a market cap of $159.94 million, a price-to-earnings ratio of 11.31 and a beta of 1.08. Citizens Community Bancorp has a 12-month low of $10.14 and a 12-month high of $17.04.

Citizens Community Bancorp (NASDAQ:CZWI) last announced its earnings results on Monday, October 28th. The bank reported $0.32 EPS for the quarter, topping the consensus estimate 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 company had revenue of $25.43 million during the quarter, compared to analysts’ expectations of $14.00 million. Equities research analysts anticipate that Citizens Community Bancorp will post 1.34 earnings per share for the current year.

Institutional Trading of Citizens Community Bancorp

Several large investors have recently added to or reduced their stakes in the company. Commonwealth Equity Services LLC grew its holdings in shares of Citizens Community Bancorp by 10.4% during the second quarter. Commonwealth Equity Services LLC now owns 21,254 shares of the bank’s stock valued at $246,000 after buying an additional 2,000 shares in the last quarter. 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 valued at $554,000 after acquiring an additional 9,615 shares in the last quarter. Dimensional Fund Advisors LP grew its stake in Citizens Community Bancorp by 1.1% during the 2nd 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. Empowered Funds LLC increased its holdings in shares of Citizens Community Bancorp by 5.3% in the 3rd quarter. Empowered Funds LLC now owns 58,232 shares of the bank’s stock valued at $825,000 after purchasing an additional 2,948 shares during the period. Finally, Fourthstone LLC purchased a new stake in shares of Citizens Community Bancorp in the third quarter worth approximately $1,520,000. 55.11% of the stock is 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.