Citizens Community Bancorp (NASDAQ:CZWI) Research Coverage Started at StockNews.com

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

Separately, Hovde Group raised Citizens Community Bancorp from a market perform rating to an outperform rating in a report on Monday, March 4th.

Citizens Community Bancorp Price Performance

Shares of CZWI opened at $11.30 on Monday. The stock has a market capitalization of $117.59 million, a P/E ratio of 8.76 and a beta of 1.06. The company has a quick ratio of 0.96, a current ratio of 0.96 and a debt-to-equity ratio of 0.23. Citizens Community Bancorp has a twelve month low of $8.47 and a twelve month high of $12.61. The company has a 50 day moving average of $11.26 and a 200-day moving average of $11.55.

Citizens Community Bancorp (NASDAQ:CZWI) last released its quarterly earnings data on Monday, April 29th. The bank reported $0.39 EPS for the quarter, beating the consensus estimate of $0.26 by $0.13. Citizens Community Bancorp had a return on equity of 8.14% and a net margin of 13.69%. The company had revenue of $25.94 million during the quarter, compared to the consensus estimate of $13.90 million. As a group, equities research analysts forecast that Citizens Community Bancorp will post 1.22 EPS for the current fiscal year.

Institutional Investors Weigh In On Citizens Community Bancorp

A number of institutional investors have recently modified their holdings of CZWI. Gendell Jeffrey L lifted its position in Citizens Community Bancorp by 8.7% during the first quarter. Gendell Jeffrey L now owns 250,959 shares of the bank’s stock worth $3,049,000 after purchasing an additional 20,000 shares during the period. O Shaughnessy Asset Management LLC bought a new stake in Citizens Community Bancorp during the first quarter worth about $236,000. Acadian Asset Management LLC lifted 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 purchasing an additional 10,445 shares during the period. Vanguard Group Inc. lifted its position in Citizens Community Bancorp by 309.5% during the first quarter. Vanguard Group Inc. now owns 610,734 shares of the bank’s stock worth $7,420,000 after purchasing an additional 461,594 shares during the period. Finally, Empowered Funds LLC raised its stake in Citizens Community Bancorp by 8.1% during the first quarter. Empowered Funds LLC now owns 51,324 shares of the bank’s stock worth $624,000 after acquiring an additional 3,850 shares in the last quarter. 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.