Citizens Community Bancorp (NASDAQ:CZWI) Rating Lowered to Hold at StockNews.com

Citizens Community Bancorp (NASDAQ:CZWI) was downgraded by equities research analysts at StockNews.com from a “buy” rating to a “hold” rating in a research report issued on Thursday.

Citizens Community Bancorp Stock Down 0.6 %

CZWI stock opened at $16.00 on Thursday. The stock has a market cap of $160.54 million, a PE ratio of 11.35 and a beta of 1.08. The firm’s 50-day simple moving average is $16.23 and its 200 day simple moving average is $14.38. Citizens Community Bancorp has a fifty-two week low of $10.14 and a fifty-two week high of $17.04. The company has a quick ratio of 0.95, a current ratio of 0.95 and a debt-to-equity ratio of 0.12.

Citizens Community Bancorp (NASDAQ:CZWI) last announced 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. The company had revenue of $25.43 million for the quarter, compared to analyst estimates of $14.00 million. Citizens Community Bancorp had a net margin of 14.70% and a return on equity of 8.64%. As a group, sell-side analysts predict that Citizens Community Bancorp will post 1.34 EPS for the current year.

Institutional Inflows and Outflows

Institutional investors have recently added to or reduced their stakes in the business. 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 in the last quarter. Dimensional Fund Advisors LP increased its stake in Citizens Community Bancorp by 1.1% during the 2nd quarter. Dimensional Fund Advisors LP now owns 280,698 shares of the bank’s stock valued at $3,248,000 after buying an additional 2,986 shares during the period. Empowered Funds LLC lifted its stake in shares of Citizens Community Bancorp by 5.3% in the 3rd quarter. Empowered Funds LLC now owns 58,232 shares of the bank’s stock worth $825,000 after acquiring an additional 2,948 shares during the period. Fourthstone LLC bought a new position in shares of Citizens Community Bancorp in the third quarter valued at approximately $1,520,000. Finally, Barclays PLC acquired a new position in shares of Citizens Community Bancorp during the third quarter valued at approximately $48,000. 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.