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

StockNews.com assumed coverage on shares of Citizens Community Bancorp (NASDAQ:CZWI) in a report released on Friday. The brokerage issued a buy rating on the bank’s stock.

Citizens Community Bancorp Trading Up 3.1 %

Shares of NASDAQ:CZWI opened at $16.10 on Friday. The business’s 50 day moving average price is $14.20 and its 200-day moving average price is $12.79. Citizens Community Bancorp has a 1 year low of $10.14 and a 1 year high of $16.19. The firm has a market capitalization of $161.48 million, a price-to-earnings ratio of 11.42 and a beta of 1.06. The company has a debt-to-equity ratio of 0.12, a current ratio of 0.95 and a quick ratio of 0.95.

Citizens Community Bancorp (NASDAQ:CZWI) last posted its quarterly earnings data on Monday, October 28th. The bank reported $0.32 earnings per share (EPS) for the quarter, beating 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 business had revenue of $25.43 million for the quarter, compared to the consensus estimate of $14.00 million. On average, equities research analysts forecast that Citizens Community Bancorp will post 1.34 earnings per share for the current fiscal year.

Hedge Funds Weigh In On Citizens Community Bancorp

Hedge funds have recently made changes to their positions in the company. Barclays PLC purchased a new stake in shares of Citizens Community Bancorp during the third quarter worth approximately $48,000. O Shaughnessy Asset Management LLC purchased a new stake in shares of Citizens Community Bancorp during the first quarter worth $236,000. Commonwealth Equity Services LLC lifted its stake in shares of 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 in the last quarter. Acadian Asset Management LLC boosted 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 acquiring an additional 10,445 shares during the last quarter. Finally, Empowered Funds LLC grew its stake in Citizens Community Bancorp by 5.3% during the 3rd quarter. Empowered Funds LLC now owns 58,232 shares of the bank’s stock valued at $825,000 after acquiring an additional 2,948 shares in the last quarter. Institutional investors and hedge funds own 55.11% of the company’s stock.

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.