StockNews.com Begins Coverage on Citizens Community Bancorp (NASDAQ:CZWI)

StockNews.com initiated coverage on shares of Citizens Community Bancorp (NASDAQ:CZWI) in a research report sent to investors on Friday. The firm issued a hold rating on the bank’s stock.

Citizens Community Bancorp Stock Up 0.5 %

Shares of NASDAQ CZWI opened at $14.17 on Friday. The company has a quick ratio of 0.95, a current ratio of 0.95 and a debt-to-equity ratio of 0.18. The stock has a market capitalization of $147.45 million, a PE ratio of 10.98 and a beta of 1.06. The firm has a fifty day moving average of $13.17 and a 200-day moving average of $12.03. Citizens Community Bancorp has a 52-week low of $8.47 and a 52-week high of $14.17.

Citizens Community Bancorp (NASDAQ:CZWI) last released its quarterly earnings data on Monday, July 29th. The bank reported $0.36 earnings per share for the quarter, beating the consensus estimate of $0.27 by $0.09. Citizens Community Bancorp had a return on equity of 8.37% and a net margin of 14.07%. The business had revenue of $13.49 million for the quarter, compared to analyst estimates of $13.80 million. On average, analysts anticipate that Citizens Community Bancorp will post 1.3 EPS for the current year.

Institutional Trading of Citizens Community Bancorp

Several large investors have recently added to or reduced their stakes in the stock. O Shaughnessy Asset Management LLC acquired a new stake in shares of Citizens Community Bancorp in the first quarter valued at about $236,000. Commonwealth Equity Services LLC raised its stake 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 purchasing an additional 2,000 shares during the period. Acadian Asset Management LLC lifted its position in shares of 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 in the last quarter. Empowered Funds LLC lifted its position in shares of 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 purchasing an additional 3,850 shares in the last quarter. Finally, Gendell Jeffrey L boosted its stake in shares of 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 purchasing an additional 20,000 shares during the period. 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.