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

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

Citizens Community Bancorp Stock Up 0.6 %

NASDAQ CZWI opened at $14.13 on Tuesday. 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 stock has a market capitalization of $145.50 million, a PE ratio of 10.02 and a beta of 1.06. Citizens Community Bancorp has a fifty-two week low of $8.60 and a fifty-two week high of $14.25. The business has a fifty day moving average price of $13.80 and a two-hundred day moving average price of $12.37.

Citizens Community Bancorp (NASDAQ:CZWI) last posted its earnings results on Monday, October 28th. The bank reported $0.32 earnings per share for the quarter, topping analysts’ consensus estimates of $0.27 by $0.05. Citizens Community Bancorp had a net margin of 14.07% and a return on equity of 8.37%. The firm had revenue of $25.43 million for the quarter, compared to analysts’ expectations of $14.00 million. Equities analysts expect that Citizens Community Bancorp will post 1.3 earnings per share for the current fiscal year.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently made changes to their positions in the company. Empowered Funds LLC grew its stake in shares of Citizens Community Bancorp by 8.1% in 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 during the last quarter. Vanguard Group Inc. boosted 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 valued at $7,420,000 after acquiring an additional 461,594 shares during the last quarter. Acadian Asset Management LLC grew its holdings in Citizens Community Bancorp by 37.3% during the 1st 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 period. O Shaughnessy Asset Management LLC acquired a new stake in Citizens Community Bancorp during the 1st quarter worth about $236,000. Finally, Gendell Jeffrey L raised its position in shares of Citizens Community Bancorp by 8.7% in the 1st quarter. Gendell Jeffrey L now owns 250,959 shares of the bank’s stock worth $3,049,000 after acquiring an additional 20,000 shares in the last quarter. Institutional investors and hedge funds 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.