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

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

Citizens Community Bancorp Price Performance

Shares of NASDAQ CZWI opened at $15.21 on Thursday. The company has a current ratio of 0.95, a quick ratio of 0.95 and a debt-to-equity ratio of 0.12. The company’s 50-day moving average price is $14.06 and its 200 day moving average price is $12.70. Citizens Community Bancorp has a 52 week low of $10.14 and a 52 week high of $15.21. The stock has a market cap of $152.56 million, a price-to-earnings ratio of 10.79 and a beta of 1.06.

Citizens Community Bancorp (NASDAQ:CZWI) last released its quarterly earnings results on Monday, October 28th. The bank reported $0.32 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 analyst estimates of $14.00 million. As a group, research analysts forecast that Citizens Community Bancorp will post 1.34 earnings per share for the current fiscal year.

Institutional Trading of Citizens Community Bancorp

Hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Vanguard Group Inc. boosted its stake in shares of Citizens Community Bancorp by 309.5% during the 1st 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 last quarter. Fourthstone LLC purchased a new position in shares of Citizens Community Bancorp during the third quarter valued at approximately $1,520,000. Gendell Jeffrey L boosted 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 acquiring an additional 20,000 shares during the last quarter. O Shaughnessy Asset Management LLC purchased a new stake in Citizens Community Bancorp in the 1st quarter worth approximately $236,000. Finally, Acadian Asset Management LLC raised its holdings in Citizens Community Bancorp by 37.3% in the 1st quarter. Acadian Asset Management LLC now owns 38,450 shares of the bank’s stock valued at $465,000 after acquiring an additional 10,445 shares during the last quarter. Hedge funds and other 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.